But here's the real story, the "big" picture:
No, spending increases are pushing us bak to a Depression.
ONLY IN THE UPSIDE DOWN INSIDE OUT WORLD OF KEYNES do reductions in government money-printing and perpetual-debt borrowing damage the economy.
People who insist that it does are telling us that the government IS the economy. That should be a double danger alarm that government has grown too large. This is for the simple reason that government can only create money, it cannot create wealth. Only the private sector can do that.
Shoot, all those unemployment checks going out should have the economy booming. The Dems said so.
You gotta break a few eggs to make an omelet.
Everyone with half a brain understands that there is NO WAY to stop the current government gravy train without severely impacting the economy in the short term. The economy will recover in time and come back stronger than ever, but we have to take our lumps based on the strong dependency we’ve created in the economy for government spending.
This is why Beohner had to cave. We have to spend to keep going.
What is wrong is that small businesses continue to lack incentives to form because of regulation and legal risk.
That’s what Boehner et. al. need to fix. Otherwise some lawyer in a wheelchair can come by and shut your business down; not to mention EPA, OSHA, Commerce, Education etc.
This is all so silly. If government spending and the Fed’s printing pressed are the way to prosperity then why not just send every Amerian a check for $1,000,000.00 or hell, make it 10 million! That way we can all spend our way to prosperity!
This is all so silly. If government spending and the Fed’s printing pressed are the way to prosperity then why not just send every American a check for $1,000,000.00 or hell, make it 10 million! That way we can all spend our way to prosperity!
This is all so silly. If government spending and the Fed’s printing pressed are the way to prosperity then why not just send every American a check for $1,000,000.00 or hell, make it 10 million! That way we can all spend our way to prosperity!
But here's the real story, the "big" picture:
Belief that government spending is the path to a stronger economy and stronger GDP is akin to believing in perpetual motion machines.
If government spending solves economic woes, then increase government spending tenfold so that it consumes 100% of the economy.
Why not?
If you don’t like this logic, then your argument is flawed.
Personally I’m going to be spending about $300 a month less thanks to getting my taxes raised by Obamacare combined with the increase in payroll taxes. Multiply me by a few 10 millions and that’s real money.
Of course the liberals and fake conservatives can’t figure out why that will cause a slip in GDP.
Is the anti-business agenda of this administration.
and its about as surprising as snow in January.
Is the anti-business agenda of this administration.
and its about as surprising as snow in January.
We are watching the deliberate collapse of the western nations by socialists.
Jennifer Rubin is not, and has never been, conservative.
There have been no spending cuts. We’re spending more this year than last year, and last year we spent more than the year before that.
If I reduce my spending and stay within my means, that leads to prosperity for me, not recession or poverty.
RATspeak regarding cuts:
I have 50 billion.
I asked for 60 billion.
I only got 52 billion.
I got cut 8 billion.
Many who call themselves conservative are dependent on local regulatory bureaucracy, government education (useless, detrimental), pensions from the same, government-supported services, etc. So yeah, both political parties are quite soiled.
But spending cuts must happen sooner or later. Much rougher, if they happen later. Because if not done now, the numbers of layoffs of government regulators, teachers who should be privately employed in their work, haircuts of pensions (’cause bond investors will take their “haircuts”) and many others in the near future will be enormous under the bond collapse and forced repudiations to come.