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Old 02-21-2013, 02:24 PM
 
Location: Chicago, IL
9,701 posts, read 5,073,961 times
Reputation: 4270

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This sequester drama should be the nail in the coffin for a core Republican talking point: gov't doesn't create jobs.

Almost every Republican in Congress is begging, pleading, negotiating, doing everything in their power to try to be exempted from the sequester cuts for both defense spending AND social programs. Why? B/c it will cost their district jobs, money, wealth, prosperity... pretty much EVERYTHING that Republicans said gov't CAN'T create.

It seems Republicans new party motto should be "Spending Cuts? NIMBY." Looks like all the bluster from Republicans for the last 30 years is being exposed as just that, b/c at the end of the day, they're just as Keynesian as Democrats...
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Old 02-21-2013, 02:29 PM
 
13,900 posts, read 9,711,922 times
Reputation: 6856
Of course the government builds wealth. The government builds infrastructure, educates citizens, and provides the environment for entrepreneurs to take risks. Countries with large public investments do better than countries with little public investments.
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Old 02-21-2013, 02:46 PM
 
Location: Alaska
7,421 posts, read 5,672,819 times
Reputation: 4807
Quote:
Originally Posted by EddieB.Good View Post
This sequester drama should be the nail in the coffin for a core Republican talking point: gov't doesn't create jobs.

Almost every Republican in Congress is begging, pleading, negotiating, doing everything in their power to try to be exempted from the sequester cuts for both defense spending AND social programs. Why? B/c it will cost their district jobs, money, wealth, prosperity... pretty much EVERYTHING that Republicans said gov't CAN'T create.

It seems Republicans new party motto should be "Spending Cuts? NIMBY." Looks like all the bluster from Republicans for the last 30 years is being exposed as just that, b/c at the end of the day, they're just as Keynesian as Democrats...
I'll shut you down quick so others don't tear you to shreds.

Ask yourself this question. The government spends 1 Trillion Dollars where does that money come from?

Now think about this question. If the government took 1 trillion dollars from A and gave it to B what is the net effect of the transaction?

Finally the last question is. Was wealth really created?
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Old 02-21-2013, 02:51 PM
 
79,896 posts, read 43,829,618 times
Reputation: 17175
Because you say so? They are all off on vacation and Obama is playing golf. It doesn't seem to me that they are all running around trying to avoid this.
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Old 02-21-2013, 02:53 PM
 
3,740 posts, read 3,053,395 times
Reputation: 895
Quote:
Originally Posted by Winter_Sucks View Post
Of course the government builds wealth. The government builds infrastructure, educates citizens, and provides the environment for entrepreneurs to take risks. Countries with large public investments do better than countries with little public investments.
That is true when government engages in legitimate functions, but, unfortunately, so much moreof our spending is in illegitimate spending (such as wellfare), that it isn't really true beyond a bare modicum.
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Old 02-21-2013, 02:53 PM
 
16,545 posts, read 13,388,847 times
Reputation: 4240
Quote:
Originally Posted by Winter_Sucks View Post
Of course the government builds wealth. The government builds infrastructure, educates citizens, and provides the environment for entrepreneurs to take risks. Countries with large public investments do better than countries with little public investments.
The government does NONE of that! All they do is take money from me and you and give it to PRIVATE contractors and CIVILIAN teachers. It is not the government's money that they made by providing a service or selling a product and they aren't government employees. Talk about propaganda.....sheesh...
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Old 02-21-2013, 02:55 PM
 
6,137 posts, read 4,839,624 times
Reputation: 1516
Quote:
Originally Posted by EddieB.Good View Post
Almost every Republican in Congress is begging, pleading, negotiating, doing everything in their power to try to be exempted from the sequester cuts for both defense spending AND social programs. Why? B/c it will cost their district jobs, money, wealth, prosperity... pretty much EVERYTHING that Republicans said gov't CAN'T create.
More simplemindedness from the left.

Their specific districts and other interested may retain a net profit from the transaction - that does not mean that wealth is created in the aggregate.
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Old 02-21-2013, 02:55 PM
 
13,900 posts, read 9,711,922 times
Reputation: 6856
Quote:
Originally Posted by SourD View Post
The government does NONE of that! All they do is take money from me and you and give it to PRIVATE contractors and CIVILIAN teachers. It is not the government's money that they made by providing a service or selling a product and they aren't government employees. Talk about propaganda.....sheesh...
I'm sorry you disagree with reality. I can't help you there.
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Old 02-21-2013, 02:55 PM
 
46,735 posts, read 25,637,610 times
Reputation: 29264
[quote=Crossfire600;28352815 If the government took 1 trillion dollars from A and gave it to B what is the net effect of the transaction? [/quote]

Depends on what A and/or B was planning to do with the cash. If A was going to keep it in mattress and B is going to spend it on blow and hookers, the net effect is to inject 1 trillion dollars into circulation. Money circulating is what constitutes an "economy".
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Old 02-21-2013, 03:00 PM
 
1,291 posts, read 2,881,901 times
Reputation: 1264
Quote:
Originally Posted by EddieB.Good View Post
This sequester drama should be the nail in the coffin for a core Republican talking point: gov't doesn't create jobs.

Almost every Republican in Congress is begging, pleading, negotiating, doing everything in their power to try to be exempted from the sequester cuts for both defense spending AND social programs. Why? B/c it will cost their district jobs, money, wealth, prosperity... pretty much EVERYTHING that Republicans said gov't CAN'T create.

It seems Republicans new party motto should be "Spending Cuts? NIMBY." Looks like all the bluster from Republicans for the last 30 years is being exposed as just that, b/c at the end of the day, they're just as Keynesian as Democrats...
Where is "government" getting the money to create jobs and wealth? How does the government generate revenue? Answer that and get back to me. This type of thinking doesn't bode well for the next generation.
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