News Bulletin: The government doesn't create anything
Government jobs are notoriously less effective than private sector jobs. Therefore, any effort by the government to create jobs is, in effect, destroying wealth. Building up our infrastructure is not a stimulus, it is a cost. Sure, our roads and bridges need to be improved and upgraded, but to say this will stimulate the economy is boulderdash. First of all, where does the money come from to pay for the wages of these new government workers? Does it come from production? No. It comes from the productive part of the economy. We are penalizing the productive people in America, and giving it to the unproductive. If a company fails, we give them enough money to stay afloat. It is survival of the unfittest. A true stimulus would involve cutting spending, not increasing it. The government cannot create wealth, it can only redistribute it. In summary, Obama is doing the opposite of what we should be doing and is only making the problem worse. The cause of the problem was too much government control, it can't be the solution.
News Bulletin: The government doesn't create anything
The government will not be rebuilding the roads and bridges though, it will be financing contracts, which will be given to private companies to fill. These are not government workers, they are in the private sector, working on a government project.
And how exactly is the current problem caused by too much government control, from everything I've seen, the problem was bankers and investors making decisions about things they hardly understand at all, misleading the SEC, and massive de-regulation, giving these people more authority than they warranted.
News Bulletin: The government doesn't create anything
Quote:
Originally Posted by 5thHorseMan
The government will not be rebuilding the roads and bridges though, it will be financing contracts, which will be given to private companies to fill. These are not government workers, they are in the private sector, working on a government project.
This only changes how effective the workers will be, the rest still holds true. Explain how taking trillions of dollars from taxpayers to bailout companies and "stimulate" the economy can work.
Quote:
Originally Posted by 5thHorseMan
And how exactly is the current problem caused by too much government control, from everything I've seen, the problem was bankers and investors making decisions about things they hardly understand at all, misleading the SEC, and massive de-regulation, giving these people more authority than they warranted.
It was from too much free money. The Fed artificially lowered interest rates which gave the bankers all the alcohol to get drunk on. They made loans, sometimes backed by the government, to people who did not deserve these loans. In the case of Fannie and Freddie, they were forced to give out loans to almost everyone who didn't deserve one. This crisis would have already ended if we didn't have the Federal Reserve. The banks failing would set the precedent to not try to do the same things they did in the future.
News Bulletin: The government doesn't create anything
Quote:
Originally Posted by 5thHorseMan
And how exactly is the current problem caused by too much government control, from everything I've seen, the problem was bankers and investors making decisions about things they hardly understand at all, misleading the SEC, and massive de-regulation, giving these people more authority than they warranted.
The government required the banks to extend credit and home loans to high risk individuals. Looks like they share the blame in this mess if you ask me.
Also, infrastructure is not the responsibility of the federal government! If a state can't manage it's own fucking finances than they can't upgrade their roads. Aside from the interstate system, the federal government has not right to be handing our money to the states in this way.
We pay state taxes to maintain our infrastructure.
Have you every even read the Constitution?
News Bulletin: The government doesn't create anything
These will just be welfare jobs. The same thing we've been doing for decades. Wasting money on worthless projects. If we're going to have welfare jobs I'd rather see the money spent on our cities. A lot of these large cities in America are just cesspools. Spend the money on cleaning them up.
News Bulletin: The government doesn't create anything
Quote:
Originally Posted by killerweed420
These will just be welfare jobs. The same thing we've been doing for decades. Wasting money on worthless projects. If we're going to have welfare jobs I'd rather see the money spent on our cities. A lot of these large cities in America are just cesspools. Spend the money on cleaning them up.
Shit, that argument almost makes me support it. If we are going to have a welfare state, the least these people could do is clean a few buildings and repair a few roads...
Than again, professional welfare recipients don't have to work, only laid off skill workers.
News Bulletin: The government doesn't create anything
building infastucture could and has been a great stimulus to not only the economy but the entire country as a whole. remember when you were in school and learned about things like the TVA. any time your unemployment is high and you put people to work it stimulates the economy. but as said earleir the problem lies in the fact that the fed and state gov'ts will not be the one puting people to work but private contracters who will be garanteed to make at least union wages.
the money would come from the bridges, roads, damns, etc that are being built. it will take a while for the return. but whenever a high way is built it attracts buisness wich pay taxes wich pay for the highway.
but with the dipshits running our country right now it would end up costing us 3 times as much as it would generate.
News Bulletin: The government doesn't create anything
Quote:
Originally Posted by yokinazu
building infastucture could and has been a great stimulus to not only the economy but the entire country as a whole. remember when you were in school and learned about things like the TVA.
improving infrastructure is a good idea when we can afford it.
Quote:
Originally Posted by yokinazu
any time your unemployment is high and you put people to work it stimulates the economy.
only if the work is productive. if you put people to work digging holes and then filling them back up, the economy won't be stimulated. if instead of creating a $1 trillion stimulus bill, we cut taxes, people and businesses would have more money to create new productive jobs.
Quote:
Originally Posted by yokinazu
but as said earleir the problem lies in the fact that the fed and state gov'ts will not be the one puting people to work but private contracters who will be garanteed to make at least union wages.
and these workers could be doing something more productive for the immediate term.
Quote:
Originally Posted by yokinazu
the money would come from the bridges, roads, damns, etc that are being built. it will take a while for the return. but whenever a high way is built it attracts buisness wich pay taxes wich pay for the highway.
i agree, but we don't have the money to build these things right now. these would be great ideas after we cut spending and had some money to spend.
Quote:
Originally Posted by yokinazu
but with the dipshits running our country right now it would end up costing us 3 times as much as it would generate.
agreed.
