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Why the double standard? Also, how does Obama know what is a good investment? How am I to take him seriously when he keeps "investing" in these insolvent and bankrupt green companies, for example?
I'm not sure what you're talking about , but spending is spending -- the distinction about whether it is considered "invested" or "wasted" can only be made in hindsight, as you attempt to measure the returns of the spending.
I will concede that business tends to invest more efficiently than government, but the main thing I disagree with is people who think that:
a. All government spending is waste.
b. All business spending is investment.
Why the double standard? Also, how does Obama know what is a good investment? How am I to take him seriously when he keeps "investing" in these insolvent and bankrupt green companies, for example?
When the Conservatives quit spending money on things that only help a few, then they may deserve better public support.
It's an investment when you spend it on something that will move you forward long term. Roads, bridges, infrastructure, basic research, incentives for job creation at home, education...those are things that the country SHOULD invest in, because we benefit long term.
It's an investment when you spend it on something that will move you forward long term. Roads, bridges, infrastructure, basic research, incentives for job creation at home, education...those are things that the country SHOULD invest in, because we benefit long term.
We invest in those things every year, to the tune of billions of dollars. Liberals have completely twisted the message into "we want ours because the banks/corporations got theirs" which is just stupid at the very core. I've yet to see a cogent argument from the liberal establishment as to why and where we should spend dollar-for-dollar what we spent on the bailouts on infrastructure. We tried the "shovel ready" approach and it failed miserably. And as I said before, we as a country already spend billions per year on infrastructure. So what is it exactly that you want other to borrow more money from China in order to satisfy your urge to say you got as much as the corporations/banks did and to feel vendicated for some weird reason?
Why the double standard? Also, how does Obama know what is a good investment? How am I to take him seriously when he keeps "investing" in these insolvent and bankrupt green companies, for example?
You don't have to. Your preconceived notions, and ideology based attitude gets in the way. Having said that, a good investment is based on perceived and demonstrated returns. Mind you, these aren't always "direct returns". Government's idea of investment should NEVER be based on how the government profits from it. This is why a fascistic approach that businessmen know better, is a threat. They know well, but their strength lies in self-serving, which is about benefiting and usually at someone's expense.
Take interstate highways for example. The investment by the federal government wasn't free of cost. It was not designed on a typical business model of... I will create this so I can sell it. It was based on promotion of convenience, to commerce. Businesses thrived. Government didn't get direct returns from it, but indirectly, through thriving businesses.
Another example... a friend of mine worked in what had turned into a ghost building in downtown Dallas. Infrastructural development, in the form of light rail, has revived an appeal to downtown Dallas over last 14-15 years. That ghost building is now a host to thriving businesses and very attractive due to a convenience at its doorstep... public transportation.
With the fundamental difference being between perception of what makes for profitability, the idea of investment by progressives like Obama and I and conservatives like you all, is going to be at odds. Germany stands as an excellent example of progressivism at work.
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