• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter

Government programs are often more efficient, in terms of the quantity and expense of middle men, than the private sector. The Waltons alone represent $37 billion of private sector waste.

My opinion is the opposite.
 
Government programs are often more efficient, in terms of the quantity and expense of middle men, than the private sector. The Waltons alone represent $37 billion of private sector waste.

Bernie Sanders - who knows government a HECK of a lot better then you do - disagrees.

'“anyone who doesn’t think that there is an enormous amount of waste and inefficiency and bureaucracy throughout government would be very, very mistaken”'

Sanders Says ‘Enormous Amount’ of Waste in U.S. Government - Bloomberg Politics


It's common knowledge that the United States federal government is INCREDIBLY corrupt, wasteful and inefficient...far, FAR more so then the private sector.
 
Last edited:
Bernie Sanders - who knows government a HECK of a lot better then you do - disagrees.

'“anyone who doesn’t think that there is an enormous amount of waste and inefficiency and bureaucracy throughout government would be very, very mistaken”'

Sanders Says ‘Enormous Amountâ€[emoji769] of Waste in U.S. Government - Bloomberg Politics


It's common knowledge that the United States federal government is INCREDIBLY corrupt, wasteful and inefficient...far, FAR more so then the private sector.

I didn't say that there is no waste in the public sector.

I'm simply pointing out that the private sector is often more wasteful.
 
I blame Trump for this. Consumer spending was up considerably while business cut back drastically. They are too afraid to do anything until they are sure Trump is going to lose. Trump is scaring business to death.



https://www.theguardian.com/business/2016/jul/29/us-economy-gdp-growth-second-quarter


actually it is the exact opposite as Hillary will try and hit the economy with a 1.7 trillion dollar tax increase.
that is going to have an adverse affect on businesses which will probably be the hardest hit followed by
lower spending when consumers face huge tax increases.
 
Government expenditures are a part of the aggregate economy. If we were to reduce government spending, enough to bring the deficit to zero, it would negatively impact both consumption and investment. People like to look at the identities as though they are isolated from each other. In reality, when consumption falls, so will investment and imports. When investment declines, so will consumption, imports, and exports.

To believe we can begin to understand growth by observing accounting identities is extremely naive.

It wouldn't make those go away, it would shift them to more efficient private sector spending that creates growth and wealth. That's the problem with the pro-gov't spending types, they all think that if the gov't is spending the money, then it disappears from the economy. The fact is that if the gov't doesn't ahve the money, then it's left in the private sector where it creates wealth, jobs and economic growth far more effectively than it would if left in the gov't's hands.
 
actually it is the exact opposite as Hillary will try and hit the economy with a 1.7 trillion dollar tax increase.
that is going to have an adverse affect on businesses which will probably be the hardest hit followed by
lower spending when consumers face huge tax increases.

Raising taxes on the wealthy will increase jobs and wages because we will spend that money rebuilding this country instead of it going into hedge funds to bid up commodities we all use. The massive gains in the net worths of the top 5% must be slowed or we are doomed.
 
Raising taxes on the wealthy will increase jobs and wages because we will spend that money rebuilding this country instead of it going into hedge funds to bid up commodities we all use. The massive gains in the net worths of the top 5% must be slowed or we are doomed.

not at all. taxing wealth only means less wealth for everyone.
rebuilding what? all those shovel ready jobs that never happened? yea that was a huge success.

it doesn't doesn't account for the fact that she is still 2.2 trillion dollar short of what she is wanting to spend.

what the top 5% make have no affect on anyone else. this is a myth that is used by the left to prop up their
failed war on prosperity.
 
It wouldn't make those go away, it would shift them to more efficient private sector spending that creates growth and wealth. That's the problem with the pro-gov't spending types, they all think that if the gov't is spending the money, then it disappears from the economy. The fact is that if the gov't doesn't ahve the money, then it's left in the private sector where it creates wealth, jobs and economic growth far more effectively than it would if left in the gov't's hands.

what people like that fail to understand is that every dollar spent that was not collected in taxes means that the economy has to pay that back with interest later on.
pretty much like a charge card. sure you can go out right now and buy 10k dollars worth of stuff. it just means that a month from now you are paying that off + interest.

meaning your potential buying power is less later than it is now until you pay that off.

The St. Louis Fed even came out with a study that said government spending has little effect on job growth.
so I really don't know what all these people are talking about.
 
not at all. taxing wealth only means less wealth for everyone.
rebuilding what? all those shovel ready jobs that never happened? yea that was a huge success.

it doesn't doesn't account for the fact that she is still 2.2 trillion dollar short of what she is wanting to spend.

what the top 5% make have no affect on anyone else. this is a myth that is used by the left to prop up their
failed war on prosperity.

Stop with the history disproved myths. Less wealth for he billionaires will not hurt the rest of us. Lowering the taxes on the wealthy made things worse for the middle class. Putting them back up will reverse the trend.
 

LOL Atlanta bragging about jobs is not very impressive..but they should be thanking California for it's booming growth. It is helping all the other States. I thought you wanted a more growth?

If the state were stacked up against nations, California would be the seventh-largest economy, with an equivalent gross domestic product greater than Brazil's. It's not just big, but also booming. California had a 3.29 percent growth rate last year, more than five times that of No. 3 Japan, almost twice No. 4 Germany, about half again as much as No. 5 U.K., almost three times No. 6 France and a third more than No. 1 U.S.
California last year created the most jobs of any state, 483,000, more than the second- and third-most-populous states Florida and Texas combined (they added 257,900 and 175,700) and at a faster rate than any of the world's developed economies. The pace of employment growth was almost triple the rate of job creation for the 19 countries that make up the euro zone and more than 3.5 times that of Japan, according to data compiled by Bloomberg.

California Makes America'''s Economy Great - Bloomberg View
 
Last edited:
LOL Atlanta bragging about jobs is not very impressive..but they should be thanking California for it's booming growth. It is helping all the other States. I thought you wanted a more growth?



California Makes America'''s Economy Great - Bloomberg View

The point is raising taxes on " the rich "doesn't produce jobs or fix disparity

On the contrary. Those with money simply move. Its the terminal hitch in the Left wing agenda to redistribute wealth based on " fairness ".

The " rich " dont have to and rarely do play along with the Lefts divisive and destructive talking points
 
The point is raising taxes on " the rich "doesn't produce jobs or fix disparity

On the contrary. Those with money simply move. Its the terminal hitch in the Left wing agenda to redistribute wealth based on " fairness ".

The " rich " dont have to and rarely do play along with the Lefts divisive and destructive talking points

I have more faith in our country than you. The wealthy can and will pay higher taxes and it will still be worth it to live in the USA. They can always share more with their employees if they don't want to give it to the Govt. It's up to them. Either way they will simply have less to sock away in hedge funds, not a big deal if you ask me.
 
I have more faith in our country than you. The wealthy can and will pay higher taxes and it will still be worth it to live in the USA. They can always share more with their employees if they don't want to give it to the Govt. It's up to them. Either way they will simply have less to sock away in hedge funds, not a big deal if you ask me.

Sorry, but it has nothing to do with " faith " and everything to do with mature and intelligent decisions that incentivize private sector investment instead of driving it away

Like what Texas has been doing ! Yay Texas !!!
 
Want growth? Cut the government down to size. Keep it away from business, teach people that government is not the answer to economic growth so that they will stop allowing it to metastasize.

and what do you mean, specifically?
 
and what do you mean, specifically?

I view the federal government as the main impediment to freedom and freedom is what makes an economy successful.
 
Back
Top Bottom