If an honest person would calculate the major expenditures under the Obama administration, then explain how they would be for economic stimulus, I'de be interested in reading what they have to say.
For example, Obamacare. How does that stimulate the economy exactly? Expansion in Medicaid, Welfare, and Unemployment. How do those stimulate the economy?
And please don't insult me by saying, "Unemployment is money in people's pockets that they can spend on groceries and stuff". We all know those are very, very short term, and one time stimuluses of our economy. So, when I talk about "stimulating" the economy, I'm looking for something more long term, more substantial, and something that doesn't require the government to first spend money.
Think of unemployment this way. We are paying non-producers for 99 weeks. Do the math. They are not contributing anything back that is above what they are receiving in benefits, so you aren't stimulating anything. They are only spending the money that the government has given them. That's not stimulus. That's breaking even. And that's only if the person spends 100% of their benefits on things that grow the economy.
This is why Keynes was so messed up. He couldn't grasp the reality that before the government can spend a single dime, they must first extract it from the private sector via taxes. This is why government stimulus is short lived, and temporary. Private sector growth is what creates surplusses, not government stimulus. Besides, the effect of Obama's stimulus was very weak. It didn't keep unemployment below 8% like he promised. It didn't create 3 million new jobs. They started messing with the numbers when they started including "saved jobs". lol....as if he would know how many jobs were saved. He has no way to calculate that. Yet, leftist pretend economists repeated the rhetoric.
Wanna create jobs in America? Get the government to operate like a real, private sector business. That means balancing a budget EVERY YEAR, EVERY QUARTER, EVERY MONTH, EVERY WEEK. You operate government just like a business. This would reduce the bloated size of government, and save us money. It would strengthen our currency, and give us far more leverage in foreign trade. It would also curb the out of control regulatory practices of committed liberals who seem hell bent on breaking the backs of companies they dont like. Like oil and gas companies, coal companies, large retailers like Wal Mart, etc. Keep taxes low. We don't have to reduce them from where they are now, but we need to inject stability and certainty in the business sector again. If businesses know that their taxes aren't going to go up because of Obamacare, or simply because liberals raise them, they will want to invest and grow. It's how they make money, by growing their businesses. That means more jobs, higher stock prices, better wages.
I'm about 100% convinced, that any person who publicly denounces trickle down free market capitalism, has ZERO experience in owning or running a business for themselves. Trickle down IS how it works. You make a lot of money by owning a business, it makes enough money to pay my salary, which in turn pays for all my stuff. That's trickle down people. You work for a company that affords you with a salary that pays for your house, car, clothes, food, insurance, leisure time, college for your kids, internet, cable, and anything else you can afford. Remember that. That's trickle down. Dont like it? Then go start your own company, and distribute the profits however you like. Share every single penny with your workers. You invest your own time and money, then turn around and share all the rewards with the grocery bagger, or the cook, or the receptionist where all they do is answer phones. You wanna put their ideology into practice? Fine, then liberals should start their own companies, and pay their receptionists as much as their chief executive officers. Their janitors as much as their managers. Their waitresses as much as their accountants. Their candy stripers as much as their physicians.