If We Only Spent All the Money, Then Everyone Would Be Prosperous!

Reason Magazine ^ | January 2, 2015 | Matt Welch, editor-in-chief

[ozzymandus]

These idiots never realize that the money is imaginary.

[Baynative]

Another question they can't answer is:

"Did all the multi millionaire athletes and entertainers that went broke not make enough money?"

[Sherman Logan]

The Rev. William John Henry Boetcker.

Was probably attributed to Lincoln by mistake.

http://www.snopes.com/quotes/lincoln/prosperity.asp

[BenLurkin]

[tubalcane]

I can’t say it’s impossible for the gubmint to spend productively, for though I’m terrible at golf I once sunk a put from about twenty feet away despite myself. It’s just that I’m about as likely to join the PGA as is gubmint spending to be regularly stimulating.

[TBP]

Exactly the kind of idiocy that the libs promote.

Just think, we can ALL be the 1 percent!!!

[DHerion]

Government spending on a whole adds nothing to the GDP of a country... while some spending may add to GDP, the bulk of spending retards economic growth because the outlays are strictly for political purposes that benefit only a few. Any government spending is money that would normally be spent by present tax payers or future tax payers (stealing from the future). It’s the same with government employees...they do not really pay taxes...every government employee is a drain on the treasury, neither helping to pay the country’s fiscal bills or adding to the economy.

[raybbr]

It’s the same with government employees...they do not really pay taxes...every government employee is a drain on the treasury, neither helping to pay the country’s fiscal bills or adding to the economy.

Try telling that to a public union goon. They think they actually produce something and pay taxes. Then tell them how the taxpayer actually pays for their house - then they smirk.

[coloradan]

Please direct your attention to the following graph. It is plain, is it not, that starting in 2014 government expenditures (blue) have gone up, and with that increase an increase in employment is also seen (red). Here is your proof, and this is all the proof you need. In particular, please do not consider how government expenditure has dropped from 2009 to mid-2011, and please most certainly do not look at what happened to employment during that awful, terrible, horrible, very bad, no good period. Thank you for your inattention.

[Kackikat]

50% is small compared to $100. where it is $50.

However 50% of $18 TRILLION is $9 TRILLION; numbers rounded off. China may be the largest of the foreign holders, however ‘China’ is a representative of communism, and very nitpicky about money....even at times telling us what to do with it. So my ‘analogy’ is not so far off....

[Kackikat]

http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/

[__rvx86]

People, it's far, far worse than we thought. We are royally boned.

[Kackikat]

Oh I get it, America is screwed...to put it directly!

[Kackikat]

Thank you...I have that somewhere, but wouldn’t want to guess at the moment.

[ronnie raygun]

Obama’s redistribution