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LA Times: Obama stimulus spending: $246,436 per new job

Totally rantish, without anything of substance.... Explain the Louisiana Purchase if you will/could!

I gotta better idea, after 35 pages, how's about you explain how goverment can create wealth when it can only get it's money from the people. I would love to hear you educate me on that one!...:rofl
 
I gotta better idea, after 35 pages, how's about you explain how goverment can create wealth when it can only get it's money from the people. I would love to hear you educate me on that one!...:rofl

Louisiana purchase! How about that?
 
I gotta better idea, after 35 pages, how's about you explain how goverment can create wealth when it can only get it's money from the people. I would love to hear you educate me on that one!...:rofl

Your premise is entirely flawed (as are most of yours). Government can create wealth in several different ways. A stock market is essentially a government operation, enacted, created and managed by the government. That alone create vast amounts of wealth. Did the government get money from its people? No. Was wealth created? Absolutely.

Besides the Louisiana purchase, the Alaskan one comes to mind. Furthermore, government infrastructure can turn land that was normally of minimal value into high value property. We often see this when government contracts to put in a highway or mass transit. Land that was normally of little value suddenly goes for top dollar. McDonald's used to track government planning operations to see where new roads and highways would be built and bought land near off ramps and intersections because they knew the value of those locations would later explode.

Across the pond, without the 100,000 year dikes in the Netherlands, there wouldn't be development, land values would plummet and wealth would cease to exist. Instead, we see at times rising land prices that are partially based on the dikes' ability to hold back the sea.

I can go on and on, but rational people should get the point.
 
The government creates opportunities for wealth all the time, but ultimately it's the people who create the wealth by taking advantage of those opportunities.

.... examples. Create a bridge connecting two land masses to spur economic development. Connect a brackish water canal to a saltwater outlet, and you just created ocean front property. Put an exit ramp off an interstate to get people to visit a small town....

It happens literally every day.

http://answers.yahoo.com/question/index?qid=20090713124457AAniX2j
 
Well, if it's so easy for the government to create wealth, why hasn't it ever worked in the history ofthe modern world and what the hell's taking so long to get it started this time around? Why don't you geniuses educate us on those two items. Thanks in advance.

oh yeah, where is the money going to come from?
 
Well, if it's so easy for the government to create wealth, why hasn't it ever worked in the history ofthe modern world and what the hell's taking so long to get it started this time around? Why don't you geniuses educate us on those two items. Thanks in advance.

oh yeah, where is the money going to come from?

Did you read the examples of it working? Your statement is factually wrong right from the start, and proven wrong already by the posts you are referring to.
 
Did you read the examples of it working? Your statement is factually wrong right from the start, and proven wrong already by the posts you are referring to.

Where's the money come form that the government uses to create the wealth??

The only way for the government to stimulate th economy would be to subsidize every industry in the country. To do that, they would have to get large amounts of revenue and that revenue is going to come from fill in the blank
 
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Where's the money come form that the government uses to create the wealth??

What does that have to do with the government being able to create wealth? If I borrow money, and make money with it, does it matter where the money came from?
 
What does that have to do with the government being able to create wealth? If I borrow money, and make money with it, does it matter where the money came from?

yes, it matters where the money comes from, because if you borrow it, you have to pay it back. In terms of te government borrowing money, 1) they can't make money, 2) where are the loan payments going to cme from?
 
Waiting!..........
 
You can't borrow money to pay off loans, that's just stupid. So, where's the money going to come from, all you know-it-alls?
 
yes, it matters where the money comes from, because if you borrow it, you have to pay it back. In terms of te government borrowing money, 1) they can't make money, 2) where are the loan payments going to cme from?

They can make money, as is pointed out repeatedly in this thread.
 
You can't borrow money to pay off loans, that's just stupid. So, where's the money going to come from, all you know-it-alls?

Really? When did this happen? Isn't that what refinancing and debt consolidation loans are?
 
They can make money, as is pointed out repeatedly in this thread.

LOL...how are they going to make money? What is the government's of revenue?
 
LOL...how are they going to make money? What is the government's of revenue?

Start with post # 352 of this thread, and read examples.
 
The government purdy much only has one source of revenue. Now, what is it?

It does not have only one source of revenue. Taxes are the largest, but not the only one. What are the federal government's sources of revenue?

I notice you have gone from the government cannot create wealth to the government cannot make money, which is too different things. Care to pick and argument and stick with it?
 
It does not have only one source of revenue. Taxes are the largest, but not the only one. What are the federal government's sources of revenue?

I notice you have gone from the government cannot create wealth to the government cannot make money, which is too different things. Care to pick and argument and stick with it?

I've enver used the two simultaneously. My point is, government can't create wealth, because the goverment can't make money. You understand what revenue is, right?

The governmet's number one source of revenue is taxes. I gotta say it, since you're afraid to. Where do those taxes come from?
 
I've enver used the two simultaneously. My point is, government can't create wealth, because the goverment can't make money. You understand what revenue is, right?

The governmet's number one source of revenue is taxes. I gotta say it, since you're afraid to. Where do those taxes come from?

By saying "the government cannot create wealth", you are saying that the government cannot profit itself? Or are you saying the government cannot make people wealthy? What are you saying exactly?
 
By saying "the government cannot create wealth", you are saying that the government cannot profit itself? Or are you saying the government cannot make people wealthy? What are you saying exactly?

All of the above. If the government's primary source of revenue is taxes, then obviously, only the private sector can create wealth. The government can't make money, in the sense that it shows a profit on it's revenue.

You're catching on.
 
All of the above. If the government's primary source of revenue is taxes, then obviously, only the private sector can create wealth. The government can't make money, in the sense that it shows a profit on it's revenue.

You're catching on.

Sure it can. If the government invests it's tax revenues in high return investments, it would show a profit.

Let me simplify this for you: Profit = revenue - expenses. So in it's simplest form, the government could show a profit(which in this case would be called a surplus, but really is a profit) simply by lowering costs and increasing revenue by a large enough margin.

Now, let's make this a bit more complicated. Government wants to increase revenue, but without raising tax rates. One way to do this is to increase the tax base. Adding improvements that increase property values would then increase the income from property taxes. Every one wins. The government brings in more money, people have more money, and wealth is created.
 
Sure it can. If the government invests it's tax revenues in high return investments, it would show a profit.

That's why we got this big assed deficit, right? Because they make all these profits? Whatever.

Bottom line is, the money has to come from the private sector. Without the privae sector prospering, the government won't and can't provide wealth to people with their own money.

It ain't never happened before and it ain't gonna start now, just because The One is in office.

Now, let's make this a bit more complicated. Government wants to increase revenue, but without raising tax rates. One way to do this is to increase the tax base. Adding improvements that increase property values would then increase the income from property taxes. Every one wins. The government brings in more money, people have more money, and wealth is created.

What dream world do you live in? Seriously?
 
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