Budget cuts fall-out.

[ricksfolly]

Most people can't relate with the billions of dollars cut from the budget. A better way, everyone can relate with, is how many jobs it will cost.

ricksfolly

 

[Badmutha]

Most people can't relate with the billions of dollars cut from the budget. A better way, everyone can relate with, is how many jobs it will cost.

ricksfolly

If government spending created jobs.........Unemployment would have been at 0.00% for the last 8 Decades......
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[cpwill]

Most people can't relate with the billions of dollars cut from the budget. A better way, everyone can relate with, is how many jobs it will cost.

ricksfolly

or how many it will save by keeping economic resources from being diverted from their most effecient venues.

 

[ricksfolly]

If government spending created jobs.........Unemployment would have been at 0.00% for the last 8 Decades......
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You obviously don't know what you're talking about. Who do you think financed the highways you drive on, dams that created your electricity, FDA that keeps your food and chemicals safe, The military, FBI, CIA, Police, firefighters, Amtrac, coal fired power generators, free education, free libraries, emergency rooms ... the list goes on and on.

Anyway, that isn't what my post was about... Go back and read it again.

ricksfolly

 

[Boo Radley]

or how many it will save by keeping economic resources from being diverted from their most effecient venues.

By all means, someone shuld present real and verifiable information supporting either.

 

[cpwill]

By all means, someone shuld present real and verifiable information supporting either.

a set of data which would unfortunately require a series of assumptions on top of assumptions.

 

[Lord Tammerlain]

or how many it will save by keeping economic resources from being diverted from their most effecient venues.

Like the tech bubble, like the housing bubble

One of the most effecient wastes of money I have seen

 

[Badmutha]

You obviously don't know what you're talking about.

Im not the one who believes government creates jobs........

Who do you think financed the highways you drive on, dams that created your electricity, FDA that keeps your food and chemicals safe, The military, FBI, CIA, Police, firefighters, Amtrac, coal fired power generators, free education, free libraries, emergency rooms ... the list goes on and on.

.....my wallet. And your wallet....assuming you pay taxes.....albeit most liberals do not.
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[Boo Radley]

a set of data which would unfortunately require a series of assumptions on top of assumptions.

Better than making assumption on top of assumption without any real data, as NRO and such do repeatedly. :coffeepap

 

[celticwar17]

Im not the one who believes government creates jobs........



.....my wallet. And your wallet....assuming you pay taxes.....albeit most liberals do not.
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hahaha nice, why do some people live in the liberal fantasy thinking jobs actually are created by the government? What government does is hinder job creation for the cost of our public services, which for the most part we need... like police/fireman/military/etc. ( but a LOT we dont need) If no one had to pay taxes and we could exist without all the government services the economy would absolutely explode into paradise of wealth, but since humans arn't perfect we need protection of our rights and money to pay for those services. Government gives and takes money away from the economy, it doesn't make the economy, the business and people do; which s why when you decrease taxes the number of jobs increase.

 

[cpwill]

Like the tech bubble, like the housing bubble

One of the most effecient wastes of money I have seen

even those. the tech and housing bubbles represented mis-allocations of capital that wrecked the US economy; but they did leave behind usable resources, just ones worth less than they were initially purchased for. Friedman has since gone a little nuts with his Chinese-Communist-is-Awesome fetish, but his description of how Indians were able to become the "second buyers" of the IT bubble assets and give us much of modern globalization is pretty solid. When government wastes money, there is often no "second prize" worth to be had. the money is just plain ole wasted on studies of robot bees, the pot smoking habits of homosexual turkish women, and bridges to nowhere.