Record 157,005,000 Employed; 19th Record of Trump Era

Discussion in 'Current Events' started by TRFjr, Jul 5, 2019.

  1. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Well, I agree. Government has to operate and has to spend. All i am saying is the government spending results in net negative growth. That's all.
     
  2. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    That's not exactly what is being said. What is being said is that when government uses a dollar of investment it returns 60 percent growth. When the private sector invests a dollar, it nets a dollar in growth.
     
  3. nopartisanbull

    nopartisanbull Well-Known Member

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    Many independent studies going back decades have reached same conclusion. Do you believe BEA Researchers would publicly acknowledge same conclusion? Not a chance!
     
  4. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    And where did the government get the money to begin with? The term "government spending" is misleading as it is the tax payer being forced to spend. By the time the money makes its way through the government, there is a not much left. When I spend the same dollar without the government's hindrance, more of it gets to where it should go.

    Of course, we work hard, pay taxes and the president gets credit for a growing economy!
     
  5. GraspingforPeace

    GraspingforPeace Well-Known Member

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    Yeah... there are many studies that show how wrong you are, you should go read up on them.
     
  6. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Those studies, like the ones posted earlier in this thread, utilize injection of private dollars following the government capital expenditures as "growth", but don't count the private dollars injected in order to bolster numbers.

    This is a quite simple concept actually. Since the government has no ability to make revenue other than dollars siphoned off the private sector, there is quite literally no possible way for that to result in net economic growth that equals more than the value injected.

    Yes, government spending stimulates growth in certain situations, but at a net loss considering the dollars removed from the private sector to do so.
     
  7. GraspingforPeace

    GraspingforPeace Well-Known Member

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    Show me a study that proves what you’re saying, because otherwise you’re just making s claim. If the government is taking dollars that would have otherwise been saved instead of spent, then it’s entirely possible for the government to reasonably have a greater multiplier impact than if the dollar would have just stayed in interest limbo.
     
  8. nopartisanbull

    nopartisanbull Well-Known Member

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    Quote: "Show me a study....."

    I read several of them, military, infrastructure, education, food stamps, etc., and the return on every dollar spent ranged from a negative to $1, thus, who's right, Heritage, Policy Center, CATO, Krugman, Friedman?

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