Monday, June 27, 2011
Pretend I'm a multi-millionaire (I know...that's a stretch).
Now let's pretend that you are the government.
Furthermore, let's pretend that my buddy, Jeff, is a "government bureaucrat."
Finally, pretend that your friend, Pete, is a "consumer."
Now you (the government) take $10,000.00 of my money and give it to Jeff to oversee some government project.
$10,000 put into the economy, right?
While Jeff gets paid, and may spend the money, it was MY money he spent, whether on himself or on the project. Jeff did not produce anything but hours worked, but that was money I could have used to buy something that had been produced by somebody, providing them with income, me with something I want and thus lifting the economy.
Let's say you (the government) did NOT take my $10,000.00.
Then I could expand my business, hire Pete and, presto!, a job created!
But you know what?
If you are a liberal/progressive, you will not get it, because you are not capable of understanding, only of knee-jerking.
The rest of you remember this: Whenever the government spends money, no matter what for, it puts nothing into the economy.
You can't take money from one person and give it to the next person and call it growth!
There has been no net gain and nothing has been produced.
In today's economy, a dollar's value is based on a product-service/hour worked.
Nothing produced, nothing earned.
When the government spends money IT'S YOUR MONEY!
That, sir, is why raising taxes will not cure our government's debt or spending problem.
Posted by Joe at 12:05 AM