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Just look at the outside evaluations of the stimulus. Perhaps the best-known economic research firms are IHS Global Insight, Macroeconomic Advisers and Moody’s Economy.com. They all estimate that the bill has added 1.6 million to 1.8 million jobs so far and that its ultimate impact will be roughly 2.5 million jobs. The Congressional Budget Office, an independent agency, considers these estimates to be conservative.
Have any of the scientists that have given us, say, the computer complained about receiving government funds? Complained about government involvement? No, they haven't. They are scientist who not be able to do their research without our tax dollars.
If NO TAXES were taken, the personal computer (somebody's example on this thread of the free market promoting discovery and innovation) would never have come to be like it has.
If NO TAXES were taken, all the discoveries made through grants and at state Universities would not have happened and we would never had become a superpower after WWII.
If NO TAXES were taken, the internet would not have been invented and we wouldn't be having this conversation.
If NO TAXES were taken in Japan, they would not have invented the Hybrid braking system - a system that Ford has to lease from Japan to put in American cars.
If NO TAXES were taken, we'd have no phone lines, no railroads, no roads, no schools, no police, no fire department, no society.
If NO TAXES were taken, we'd have feudalism - where 99.9% of us rely on upon the grace of our local lords and ladies that controlled 99.9% of the wealth.
There are no facts in support of your conclusions and beliefs. Science and technological innovation preceded socialist funding by centuries. Alexander Graham Bell didn't invent the telephone using government funds. All the railroads were privately owned. In fact, most of the infrastructure was privately owned up till the early 20th century. (Check it out for yourself. Toll roads, bridges, ferries, trains, and canals were not funded by taxation.)
All those inventions and discoveries were not made because government took taxes from one group and gave them to another. They were made IN SPITE of the taking.
If you examine the history of the industrial revolution in America, it had its greatest growth during the lowest tax impositions (1875 - 1915). As more and more taxes were levied, a brake was thrown into the process. By the 1960s, industries started leaving, to escape the taxes and regulatory restrictions. I grant that other forces, like peak oil production in the 1970s didn't help the situation.
A cursory reading of the Declaration of Independence states that job #1 is to secure rights, and job #2 is to govern those who consent. Anything more is suspect. Anything less is intolerable.
Isn't it ironic that government may take control of all these developments and advances (that we paid for via taxes) and we'll be reduced to rely on them...just another version of feudalism.
The government MAY take control of everything?
The only reason to believe that is if you believe a few talk radio hosts and a couple of TV ratings whores. Other than the rantings of a few morons, is there any other reason to believe the government is taking over anything? I remember all the hooting and hollering about a national takeover of the banks with the TARP law. How did that Rush/Beck/Palin prediction work out fer ya?
The reason this wasn't close to another depression WAS due to the Stimulus.
We can't dream our way outta of the Recession by printing money out of thin air while the FED, who owns the rights to the dollar, add compounded interest to it daily. This is what Obama is ordering done thru his cronies in Congress.
We might as well be playing with monopoly money.
the sad irony is, where playing with our childrens futures. and it's not a good look.
It's obvious that America is built on Capitalism, and the only way to keep a Capitalistic society in motion is to have the citizens BUY AND SELL. I Know that you find this concept hard to understand Mr. Obama but trust me, it works. Send $10,000 per household and allow those families to get out and spend. You're printing the money anyway so you might as well give it to the people to use and not the credit card giants to store and stack away, while at the same time jacking up interest rates and cancelling accounts for long time customers without warning. the Predatory practices continue Mr Obama. Wasn't the bailout to "pay off" the banks? why then do people still have credit card balances? Something's not right here, Barry. Now you're asking for another Porkulus bill? Hit me on twitter and let me know the deal man. Your policies stink dude.
It's obvious that America is built on Capitalism, and the only way to keep a Capitalistic society in motion is to have the citizens BUY AND SELL. I Know that you find this concept hard to understand Mr. Obama but trust me, it works. Send $10,000 per household and allow those families to get out and spend. You're printing the money anyway so you might as well give it to the people to use and not the credit card giants to store and stack away, while at the same time jacking up interest rates and cancelling accounts for long time customers without warning. the Predatory practices continue Mr Obama. Wasn't the bailout to "pay off" the banks? why then do people still have credit card balances? Somehting's not right here, Barry. Now you're asking for another Porkulus bill? Hit me on twitter and let me know the deal man. Your policies stink dude.
Sincerly,
4Horsemen
Good post. That plan would give people money to go out and spend and STIMULATE the economy.
Further, if Obama gave back the money that banks have repaid, and the stimulus that hasn't been used, there would be some $800 BILLION going to the deficit.
Not a bad dent to make, while he's making shrew plans to spend even more.
That would be the responsible thing for a leader to do. And if you say you're goint to cut spending, then by all means DO IT.
Let us know if you hear from him. We all want to know.
Good post. That plan would give people money to go out and spend and STIMULATE the economy.
Further, if Obama gave back the money that banks have repaid, and the stimulus that hasn't been used, there would be some $800 BILLION going to the deficit.
Not a bad dent to make, while he's making shrew plans to spend even more.
That would be the responsible thing for a leader to do. And if you say you're goint to cut spending, then by all means DO IT.
Let us know if you hear from him. We all want to know.
And trying to explain these simple elementary facts to Barry's followers is like trying to teach Chinese math. Proof that the American public school system has failed and why more and more families are RUNNING to private schools.
Last edited by 4Horsemen; 02-19-2010 at 08:55 AM..
More good news...if you don't eat or use energy then the CPI went down
For all others that eat and use energy..the CPI went up
Consumer prices excluding food and energy fall - Yahoo! News (http://news.yahoo.com/s/ap/20100219/ap_on_bi_go_ec_fi/us_economy - broken link)
Why exlude food and energy...well:
snippet:
"..2.8 percent jump in energy costs, the biggest one-month gain since August. Energy prices were driven up by a 4.4 percent rise in gasoline pump prices and a 3.5 percent increase in the cost of natural gas.
..
fruit and vegetable costs jumped by 1.3 percent."
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Proof that the American public school system has failed and why more and more families are RUNNING to private schools.
