View Poll Results: You can't spend your way out of a recession

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  • Agree, you can't (generally)

    42 44.68%
  • Disagree, you can (generally)

    52 55.32%
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Thread: You can't spend your way out of a recession

  1. #231
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Yes. We could just wait and do nothing too, and hope things recover eventually - that's also a gamble.
    As bad as it sounds, sometimes it is best to do nothing, than to do the wrong thing in haste.
    "Don't be particular bout nothin, but the company you keep"

  2. #232
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by DrunkenAsparagus View Post
    The government is only taking money out of the economy to regurgitate it somewhere else, probably where it's not needed. It's like trying to lift yourself by pulling up on your shoelaces.
    Wrong. The money coming out of the economy isn't doing anything to create jobs anyway, it's sitting in very safe investments. Government can afford to take the risks necessary now, the risks that others are afraid to take.

  3. #233
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Wrong. The money coming out of the economy isn't doing anything to create jobs anyway, it's sitting in very safe investments. Government can afford to take the risks necessary now, the risks that others are afraid to take.
    I would counter, that others are risking their own money. the Gubment is risking our money. Big difference---and the stimulus package was sold as a plan to create jobs, not pay our big bonuses to the very people that helped get us in this mess.
    Last edited by Skateguy; 03-18-10 at 10:28 PM.
    "Don't be particular bout nothin, but the company you keep"

  4. #234
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by Skateguy View Post
    I would counter, that others are risking their own money. the Gubment is risking our money.
    Well, yes - and it can afford to take that risk. It's a risk that needs taking, for everyone's benefit.

    Big difference---and the stimulus package was sold as a plan to create jobs, not pay our big bonuses to the very people that helped get us in this mess.
    I don't think the stimulus is paying any bonuses to anyone. You're thinking of the bailout.

  5. #235
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Well, yes - and it can afford to take that risk. It's a risk that needs taking, for everyone's benefit.
    Yep, I absolutely agree. We're all in this together, everyone will benefit, it is an investment in the common good. Doing it through the Government ensures that the risk is spread accross all of us. If we do nothing, everyone remains afraid of risk and waits for the next guy to step out there.

  6. #236
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Well, yes - and it can afford to take that risk. It's a risk that needs taking, for everyone's benefit.



    I don't think the stimulus is paying any bonuses to anyone. You're thinking of the bailout.
    Risk that needs taking---Lets look at that a moment. the Gubment produces nothing, but debt. None of the big dogs in office have any experience in the private sector, so have zero experience making a profit anywhere. So with that information alone, are these the guys we want coming up with plans to save our economy? Seems like a positive outcome, is unlikely at best.
    "Don't be particular bout nothin, but the company you keep"

  7. #237
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by Skateguy View Post
    As bad as it sounds, sometimes it is best to do nothing, than to do the wrong thing in haste.
    If it was the wrong thing.

  8. #238
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by Skateguy View Post
    Risk that needs taking---Lets look at that a moment. the Gubment produces nothing, but debt.
    The government produced plenty with the stimulus bill. You didn't notice?

    None of the big dogs in office have any experience in the private sector, so have zero experience making a profit anywhere. So with that information alone, are these the guys we want coming up with plans to save our economy? Seems like a positive outcome, is unlikely at best.
    Well, yes, they do have experience in the private sector, but they aren't running businesses, they are running a government that has a strong influence on an economy. They need to understand government, and economics, something alot of people on this thread don't seem to understand much.

  9. #239
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    If it was the wrong thing.
    Not being an expert on the matter, I can't say for sure. but it just seems --"misplaced" Like, good intentions, but a poor way of going about it. Jobs, and Production of goods, to me, should be job one. all the rest can come once people can keep their homes, their lights on, and food on the table. People think clearer, with a full stomach. But as I say, I have to think about these issues in the simplest of terms. I'm no economist.
    "Don't be particular bout nothin, but the company you keep"

  10. #240
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Wrong. The money coming out of the economy isn't doing anything to create jobs anyway, it's sitting in very safe investments. Government can afford to take the risks necessary now, the risks that others are afraid to take.
    And this is often what is needed. You also crowd out investors who start making bigger risks again. Like I said, the government is probably just vomitting it everywhere. Corrections have their use. They get rid of economic dead weight.
    "Doubleplusungood"

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