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If government spending can stimulate the economy, then we would have never had a recession in the first place- especially in view of all the spending the last few years.
The more I'm around intellectuals the more I like my dog.
Ruffy:
Guess who will be holding the note on the loan?
With our already EXTREME debt load, adding another trillion to the load, we can't service the debt for long.
Eventually the creditors will want their money.
Our kids will have extremely high tax rates on everything. They will not be able to pay............
Even if we can get the economy moving again, every American taxpayer will become a tax slave. Interest rates will soar, dollar will go further into the tank, and we are F.U.k.'d
So you see nothing wrong with the government spending money (our money) to stimulate the economy, and then having the possibility that it will be spent stimulating some other country? I would rather it be spent on jobs / projects then people buying plasma's... Or just putting it in the bank and doing absolutely nothing with it...
Got to love a change in context.....
You are wrong... that is how we got out of the last one.... we blew through crap loads of money... from the government... WWII, cold war, government was spending money hand over fist and what happened.. the economy got better.
Please don't tell me you're still arguing that the government programs of the 1930's brought us out of the Great Depression. WWII is the one and only thing that brought us out of the Great Depression. If that's what you meant thenfor you.
That is the truth. That was FDR's only way out of his failed economic programs. Churchill new about the attack on Pearl and held it back from ol FDR to make sure that the US would enter the war. For some reason i believe that he shared that info with FDR as well.
Please don't tell me you're still arguing that the government programs of the 1930's brought us out of the Great Depression. WWII is the one and only thing that brought us out of the Great Depression. If that's what you meant thenfor you.
Yep, WWII... thanks for the beer, but I have reached my limit....Though what was WWII financially to the people of the us except massive amounts of government spending and jobs for lots of US people. Seems if you could replace the war with another reason to spend the money, you would have the same effect. Or is that to simplified of thought process....
I don't know where you got the information on Churchill but I do know that George Catlet Marshall knew of the attack, no matter what excuse he put forth. I knew a couple of mates and captains of sea going tugs who were in the area on the day of infamy and they were ordered away from pearl 2 days before the attack, after the attack they were ordered back to Pearl. They of course have been dead for a few years but they could tell alot about the incident. Swampy
Seems if you could replace the war with another reason to spend the money, you would have the same effect. Or is that to simplified of thought process....
Actually, I believe you would find that all the orders for goods, from Europe, prior to the US involvement in the war, brought America out of the depression. People were looking for a place to dump their cash, and America was it. After the US joined the war, it created a lot of jobs, but didn't make life much better, with so many men gone, and shortages.
Yep, WWII... thanks for the beer, but I have reached my limit....Though what was WWII financially to the people of the us except massive amounts of government spending and jobs for lots of US people. Seems if you could replace the war with another reason to spend the money, you would have the same effect. Or is that to simplified of thought process....
The internet is great for exposing the ignorant...even though they have the power of the internet to research the very information to which they are spouting off about.... What a genius you are. Still clueless.... still not paying anything but sales tax.....still a pretender.
Keep up the good work... It lets the rest of us that contribute know what will become of all our hard work.....and that is a gift that just keeps on giving...
...and you wonder why I think you are a socialist/communist!!!???? Go figure? You are in favor of forcing people to spend their money a certain way....fu(k me....do you say Hail Obama every night in your living room?LMFAO
I'd argue (and we all know I got lot's of company on this one) that the 'government' intervening in fact lengthened the Great Depression. Of course the economy got better. But it could have improved at a lot faster rate without bureaucrat's hands in the mix...
A few things here.. My point about the TV isn't about the 'dollar' involved in the TV. Of course that dollar goes elsewhere. But a huge, incomprehensible amount of infrastructure, service jobs, etc, etc, etc, are gained from it, handling it, etc. Import/export is hugely important to our economy, and a good thing. We gain much more for the dollar we send away, in return, than we lose.
Wrong, waste implies a needless spending of money for no benefit.