Re: Republican Party Controlled By Retards
Posted by:
have more kool aid dummy
()
Date: October 03, 2012 09:36PM
Nova_Native Wrote:
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> its got to work Wrote:
> --------------------------------------------------
> -----
> > I cant wait to see how Obama is going to spend
> us
> > out of the recession.
>
> It's really quite simple. But seeing as you must
> be Republican and Conservative, I'll try to use
> small words to explain it.
>
> Mr. Obama will give block grants to states, and
> the states will give block grants to cities and
> counties. The cities and the counties hire back
> the laid off police, firefighters and other
> government employees back. The workers then begin
> to buy stuff, like houses, cars, appliances. They
> go out to restaurants and movie theaters and buy
> gifts to give to their loved ones. In sum, they
> create demand for things, and private industry
> responds by hiring more people to make the things
> and provide the services that the growing number
> of consumers want. The economy grows, and more
> taxes are paid, so the Federal government can
> begin to reduce the deficit and pay off the debt!
>
> Now, lets try it "your way". Mr. Romney doesn't
> give money to actually hire workers; instead he
> gives tax cuts to "job creators". But does this
> actually make the "job creators" create new jobs?
> No! Why? Because no business is going to hire and
> pay workers to sit around and do nothing -- that
> is the road to bankruptcy. If there is little
> demand for goods and services, then there is
> little need to create jobs.
>
> Business people aren't that stupid, not the ones
> who stay in business anyway. The tax cuts let
> them keep more of the profit, but they will invest
> it instead, which in a global economy, may mean
> more jobs, but not in their own communities or
> even country. They are acting rationally, the
> purpose of business is to generate profit for the
> owners, not create jobs. Business creates jobs
> only when there is demand.
>
> Now, which would you say represents more demand?
> One hundred workers buying one hundred chevolets,
> or one rich guy buying one Cadillac SUV. If you
> say the first, you are right. If you picked the
> second one, you need remediation in economics.
>
> Supply-side economics is a ruse, based on some
> simple minded people looking at a basic supply and
> demand graph, and stating "say, whenever the
> demand curve goes up, the supply curve does too.
> Maybe instead of making the demand curve go up by
> creating more consumers, we can stimulate economic
> growth by inducing business to make more stuff."
> But that's crazy talk, don't you think? Business
> knows it will lose money by making stuff that few
> consumers will buy, so it doesn't do it.
>
> The only way out of the economic doldrums is for
> government to prime the pump. This is the basis
> of Keynesian economics and is demonstrably
> provable.
>
> Does this help?
You sir are what is referred to as a useful idiot. If five trillion didnt "prime the pump" as you say just how much further in debt must we go before things turn around?
Does this help you?