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So, the American Jobs Act, I don't know what to think.
On the one hand, I'm pretty sure this is a "fuck you" to the Republicans. Tax cuts for businesses, incentives for hiring. Seems like he's willing the Republicans to shoot themselves in the foot.
On the other, this is bogus. Estimated <1% in actual GDP growth, so like <.5% less in unemployment. $447 billion is pretty weak.
Either Obama is setting aside the deficit to concentrate on jobs, or he's going to use this as fodder for re-election. Who knows, if it works it would do both.
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United States7483 Posts
On September 09 2011 13:51 TOloseGT wrote: So, the American Jobs Act, I don't know what to think.
On the one hand, I'm pretty sure this is a "fuck you" to the Republicans. Tax cuts for businesses, incentives for hiring. Seems like he's willing the Republicans to shoot themselves in the foot.
On the other, this is bogus. Estimated <1% in actual GDP growth, so like <.5% less in unemployment. $447 billion is pretty weak.
Either Obama is setting aside the deficit to concentrate on jobs, or he's going to use this as fodder for re-election. Who knows, if it works it would do both.
Creating a lot of new jobs by ignoring the deficit in the short run would actually work in the long run to get rid of the deficit, just like the stimulus bill was supposed to do (except that it was too small due to the Republicans demanding cuts in order to pass it). I'm not sure this bill will make enough of them, but the best way to raise government revenue is to get people working again.
Obama could have really won out if he'd made a statement about incentives for not only hiring Americans, but penalties for hiring out of country when there is a qualified American who wants the job. Doing something about all the jobs going overseas is the most important thing to our economy's long term self-sufficiency, but nothing is being done about it.
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On September 09 2011 08:23 {CC}StealthBlue wrote: Obama is on fire with this speech IMO. It will be interesting to see the nominees responses.
They'll probably say something like this:
1) We can't afford the spending;
2) The tax cuts are nice and should help;
3) Obama's proposal ignores the real government-induced impediments to job growth right now, which are regulatory burdens and uncertainty.
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On September 10 2011 01:35 xDaunt wrote:Show nested quote +On September 09 2011 08:23 {CC}StealthBlue wrote: Obama is on fire with this speech IMO. It will be interesting to see the nominees responses. They'll probably say something like this: 1) We can't afford the spending; They'll be wrong.
On September 10 2011 01:35 xDaunt wrote: 3) Obama's proposal ignores the real government-induced impediments to job growth right now, which are regulatory burdens and uncertainty.
They'll be wrong regarding regulatory burdens, and the uncertainty is the result of the actions of the Republicans themselves.
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I watched the Republican debates yesterday. I was facepalming and shaking my head half the time. Then I watched Obama's job speech today. And I found myself believing that America can get itself out of this mess after all.
Just the thoughts of a random non-American.
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Looks like I was a little off:
....
On the website, and an accompanying video, Romney charges that during Obama’s three years in office, he has failed to turn around an ailing economy.
“Mr. President, you are 960 days too late,” the video says.
Former Pennsylvania Sen. Rick Santorum echoed Romney’s charge that Obama’s speech, which called on Congress to end the “political circus,” was just more of the same empty rhetoric.
“Sadly, the president seems to have forgotten his own charge that our country should come before party or his own even reelection,” Santorum said. ” Instead, President Obama kicked off his campaign for reelection in the most disingenuous way possible - by using the Congress as a his political toy.”
Texas Gov. Rick Perry was out with his own response, lambasting Obama for “his mistaken belief that we can spend our way to prosperity.”
“Like the president’s earlier $800 billion stimulus program, this proposal offers little hope for millions of Americans who have lost jobs on his watch, and taxpayers who are rightly concerned that their children will inherit a mountain of debt,” Perry said in a statement.
On Twitter, Jon Huntsman used Obama’s speech to plug his own recently released jobs plan.
“Barack Obama’s tired rhetoric & failed policies haven’t worked. My plan will actually create jobs. Join us,” he tweeted, linking to his proposal.
Newt Gingrich had more of a procedural issue with Obama’s speech, in which the president repeatedly called on Congress to approve his American Jobs Act.
“I checked with Speaker Boehner’s office. There is no bill,” Gingrich said on a conference call with supporters on Thursday evening.
Minnesota Rep. Michele Bachmann slammed Obama for delivering “another political speech.”
“Every time the president speaks, his policies have cost the American people jobs and future prosperity,” she said.
And former Godfather’s Pizza CEO Herman Cain issued a six-word response to Obama’s speech: “We waited 30 months for this?”
http://www.politico.com/news/stories/0911/63054.html
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55% of the jobs bill is tax cuts, PAYROLL tax cuts which I appreciate, but you can't ignore that tax cuts amount to more spending. I really like the general idea of investing into infrastucture and education, both of which we desperately need to have a competitive economy in the future, but I would have liked to see something around energy, which will define future economies. I am pretty cynical that 1) any bill Obama proposes will make it through the Republicans in the House, and 2) that it will actually all be paid for. Asking the "supercongress" to find the extra money is very unrealistic, Jon Kyl is already threatening to quit if they cut military spending and they've only had one meeting.
On the debate, I was quite impressed with Huntsman. The moderators disappointed me though. The questions weren't great and they didn't bother to pin (for the most parts) the candidates when they deflected. They wasted the best question of the night on Herman Cain (about GE and the tax code) and he didn't even answer it. I really wanted them to ask everybody that question, it would have been more illuminating than pitting Romney and Perry against each other over Social Security. That really came down to semantics, they don't really disagree very much about it but I guess Romney's case boils down to electability. He looked good overall, while Perry got attacked a lot and fumbled around like he does. Unfortunately he really resembles Bush in those ways, in a folksy charming way that might get him elected no matter what comes out of his mouth.
Huntsman though, talking about the pledge to take no pledges was good and being the pro-science guy is somehow unique. Perry's answer about global warming? Galileo? /facepalm
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It isn't really a plan. He just says streamline and cut a lot. Doesn't really say what he is going to cut except removing the estate tax which is a bad idea imo. Also sounds like he plans to remove all kinds of EPA regulations which I can't say is good or bad because he just glosses over it.
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On September 10 2011 03:03 xDaunt wrote: I just took a quick glance at Romney's jobs plan. It's huge, and I haven't had a chance to digest it yet. However, its scope is very impressive and it makes Obama's job plan seem very pedestrian by comparison. If you're incapable of understanding the consequences of either plan, maybe.
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I have it on my kindle.
So far (I'm about 30-40% in), it's disappointing.
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On September 08 2011 15:05 Letho wrote:Show nested quote +On September 08 2011 14:56 Falling wrote: True religion is taking care of the orphan, widow, and alien- aka the dis-enfranchised.)
I see this all the time; you are attempting to argue that welfare is godlike. The simple answer is that no, it's not, at least not in its current form. You have 1% of the population paying 40% of the taxes, which enables 50% of the population to pay no tax / receive welfare from the government. Of course, even this 40% is not enough, so the entire country is going broke. I cannot recall anything in Christianity that calls on people to go into personal debt to others in the interest of providing welfare. Not to mention the fact that the actual recipients of welfare are by-and-large leading middle-class lives with the proceeds (albeit the lack of the whole 9-5 thing). There is a very sound reason for the separation of church and state in a republic. The church has always overseen welfare through voluntary efforts of its congregation; having a government step in and take over this process is both unprecedented and undesirable (as we have seen in recent years). Show nested quote +On September 08 2011 15:02 On_Slaught wrote:On September 08 2011 14:17 Letho wrote:As for the gay marriage thing, the nominee's response would be "no, I would leave it to the States." Perry signed a pledge commiting him to taking federal action to ban gay marriage. Yes he is stupid enough to pledge to doing something which would never pass and would alienate large parts of the country, including many republicans. http://www.dallasvoice.com/breaking-perry-signs-anti-gay-marriage-pledge-1087368.html Well, I'm gobsmacked...
@Letho: You are wrong. You shouldn't try to even suggest that the churches are responsible for welfare, because they can never keep up. They don't have the coffers to pay for health care. They don't have the coffers to even run soup kitchens all that well in recessionary times. Church welfare isn't anticyclical to the economy and church coffers deplete with the economy. Churches couldn't keep up during the Great Depression and the only actor that could was the state. http://www.amazon.com/Great-Depression-1929-1939-Pierre-Berton/dp/0385658435/ref=sr_1_1?ie=UTF8&qid=1315672484&sr=8-1 is a link to one of several books documenting the Great Depression.
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On September 11 2011 01:37 DetriusXii wrote:Show nested quote +On September 08 2011 15:05 Letho wrote:On September 08 2011 14:56 Falling wrote: True religion is taking care of the orphan, widow, and alien- aka the dis-enfranchised.)
I see this all the time; you are attempting to argue that welfare is godlike. The simple answer is that no, it's not, at least not in its current form. You have 1% of the population paying 40% of the taxes, which enables 50% of the population to pay no tax / receive welfare from the government. Of course, even this 40% is not enough, so the entire country is going broke. I cannot recall anything in Christianity that calls on people to go into personal debt to others in the interest of providing welfare. Not to mention the fact that the actual recipients of welfare are by-and-large leading middle-class lives with the proceeds (albeit the lack of the whole 9-5 thing). There is a very sound reason for the separation of church and state in a republic. The church has always overseen welfare through voluntary efforts of its congregation; having a government step in and take over this process is both unprecedented and undesirable (as we have seen in recent years). On September 08 2011 15:02 On_Slaught wrote:On September 08 2011 14:17 Letho wrote:As for the gay marriage thing, the nominee's response would be "no, I would leave it to the States." Perry signed a pledge commiting him to taking federal action to ban gay marriage. Yes he is stupid enough to pledge to doing something which would never pass and would alienate large parts of the country, including many republicans. http://www.dallasvoice.com/breaking-perry-signs-anti-gay-marriage-pledge-1087368.html Well, I'm gobsmacked... @Letho: You are wrong. You shouldn't try to even suggest that the churches are responsible for welfare, because they can never keep up. They don't have the coffers to pay for health care. They don't have the coffers to even run soup kitchens all that well in recessionary times. Church welfare isn't anticyclical to the economy and church coffers deplete with the economy. Churches couldn't keep up during the Great Depression and the only actor that could was the state. http://www.amazon.com/Great-Depression-1929-1939-Pierre-Berton/dp/0385658435/ref=sr_1_1?ie=UTF8&qid=1315672484&sr=8-1 is a link to one of several books documenting the Great Depression.
That's probably because tithe (which is traditionally 10%) isn't enough when you bundle it with furthering the gospel. I love how people point to churches as a source of charity when everything they do is done with a catch. A church soup kitchen could probably feed 50% more people if they didn't give away free bibles.
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I expect the nominees maybe even the media to start picking this story up:
WASHINGTON -- In Texas, firefighters aren't just battling the wild fires raging around Austin and Houston. The state's first responders have also had to deal with budget cuts affecting everything from fuel purchases to hoses and air tanks.
In some cases, fire officials say, firefighters have had to pay out of pocket for basic necessities like proper protective gear and fuel to get them to the scene. One fire department that battled the blazes in Bastrop County had to pay for a hose, recalled Bastrop City Fire Chief Henry Perry, speaking to The Huffington Post during a break from working the wild fires.
"That fire department has been on this fire every day," he said. "Before this fire, they were having to buy stuff out of their own pocket." Perry said he knows of at least one other department whose firemen had to pay for equipment maintenance and engine fuel.
Earlier this week, HuffPost reported that Gov. Rick Perry, the GOP front-runner for president, had signed off on millions in firefighting cuts as part of the state's most recent budget legislation. The Texas Forest Service's funding has gone from $117.7 million in the 2010-2011 budget years to $83 million in the 2012-2013 budget years.
Severe cuts have also hit assistance grants to volunteer fire departments throughout Texas. The grants decreased from $30 million per year in 2010 and 2011 to $13.5 million per year in 2012 and 2013. These are cuts that firemen are now dealing with.
"I don't agree with it. I understand what Governor Perry did," said Henry Perry (no relation). "Do I like it? No. I don't like it at all."
Source
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On September 12 2011 09:10 {CC}StealthBlue wrote:I expect the nominees maybe even the media to start picking this story up: Show nested quote +WASHINGTON -- In Texas, firefighters aren't just battling the wild fires raging around Austin and Houston. The state's first responders have also had to deal with budget cuts affecting everything from fuel purchases to hoses and air tanks.
In some cases, fire officials say, firefighters have had to pay out of pocket for basic necessities like proper protective gear and fuel to get them to the scene. One fire department that battled the blazes in Bastrop County had to pay for a hose, recalled Bastrop City Fire Chief Henry Perry, speaking to The Huffington Post during a break from working the wild fires.
"That fire department has been on this fire every day," he said. "Before this fire, they were having to buy stuff out of their own pocket." Perry said he knows of at least one other department whose firemen had to pay for equipment maintenance and engine fuel.
Earlier this week, HuffPost reported that Gov. Rick Perry, the GOP front-runner for president, had signed off on millions in firefighting cuts as part of the state's most recent budget legislation. The Texas Forest Service's funding has gone from $117.7 million in the 2010-2011 budget years to $83 million in the 2012-2013 budget years.
Severe cuts have also hit assistance grants to volunteer fire departments throughout Texas. The grants decreased from $30 million per year in 2010 and 2011 to $13.5 million per year in 2012 and 2013. These are cuts that firemen are now dealing with.
"I don't agree with it. I understand what Governor Perry did," said Henry Perry (no relation). "Do I like it? No. I don't like it at all." Source
I can see the media running with this story, but I'm not sure that any of the candidates would. First off, it's a fairly obvious cheapshot, which the candidates have generally avoided taking at each other so far. More importantly, the problem with the candidates using this line of attack is that it exposes them to hypocrisy, because they almost certainly have advocated/implemented similar cuts. Huntsman may be the exception here, so I can see him attacking Perry on these grounds.
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Canada11376 Posts
On September 11 2011 06:52 aksfjh wrote:Show nested quote +On September 11 2011 01:37 DetriusXii wrote:On September 08 2011 15:05 Letho wrote:On September 08 2011 14:56 Falling wrote: True religion is taking care of the orphan, widow, and alien- aka the dis-enfranchised.)
I see this all the time; you are attempting to argue that welfare is godlike. The simple answer is that no, it's not, at least not in its current form. You have 1% of the population paying 40% of the taxes, which enables 50% of the population to pay no tax / receive welfare from the government. Of course, even this 40% is not enough, so the entire country is going broke. I cannot recall anything in Christianity that calls on people to go into personal debt to others in the interest of providing welfare. Not to mention the fact that the actual recipients of welfare are by-and-large leading middle-class lives with the proceeds (albeit the lack of the whole 9-5 thing). There is a very sound reason for the separation of church and state in a republic. The church has always overseen welfare through voluntary efforts of its congregation; having a government step in and take over this process is both unprecedented and undesirable (as we have seen in recent years). On September 08 2011 15:02 On_Slaught wrote:On September 08 2011 14:17 Letho wrote:As for the gay marriage thing, the nominee's response would be "no, I would leave it to the States." Perry signed a pledge commiting him to taking federal action to ban gay marriage. Yes he is stupid enough to pledge to doing something which would never pass and would alienate large parts of the country, including many republicans. http://www.dallasvoice.com/breaking-perry-signs-anti-gay-marriage-pledge-1087368.html Well, I'm gobsmacked... @Letho: You are wrong. You shouldn't try to even suggest that the churches are responsible for welfare, because they can never keep up. They don't have the coffers to pay for health care. They don't have the coffers to even run soup kitchens all that well in recessionary times. Church welfare isn't anticyclical to the economy and church coffers deplete with the economy. Churches couldn't keep up during the Great Depression and the only actor that could was the state. http://www.amazon.com/Great-Depression-1929-1939-Pierre-Berton/dp/0385658435/ref=sr_1_1?ie=UTF8&qid=1315672484&sr=8-1 is a link to one of several books documenting the Great Depression. That's probably because tithe (which is traditionally 10%) isn't enough when you bundle it with furthering the gospel. I love how people point to churches as a source of charity when everything they do is done with a catch. A church soup kitchen could probably feed 50% more people if they didn't give away free bibles.
Actually, I would argue that their means to run charities have decreased simply by a declining church population and of the semi-consistent attenders another decline in tithing. Except for super-churches, there really is not much money and certainly not enough to deal with current unemployment levels. Churches also used to run schools and hospitals most of which either have been taken over by the government or private organizations.
Volunteerism will only get so far and with the current populations, the economy of scale is too large for the very decentralized churches and para-church organizations.
And I'd also recommend Pierre Berton. Fantastic author on Canadian history.
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On September 12 2011 09:10 {CC}StealthBlue wrote:I expect the nominees maybe even the media to start picking this story up: Show nested quote +WASHINGTON -- In Texas, firefighters aren't just battling the wild fires raging around Austin and Houston. The state's first responders have also had to deal with budget cuts affecting everything from fuel purchases to hoses and air tanks.
In some cases, fire officials say, firefighters have had to pay out of pocket for basic necessities like proper protective gear and fuel to get them to the scene. One fire department that battled the blazes in Bastrop County had to pay for a hose, recalled Bastrop City Fire Chief Henry Perry, speaking to The Huffington Post during a break from working the wild fires.
"That fire department has been on this fire every day," he said. "Before this fire, they were having to buy stuff out of their own pocket." Perry said he knows of at least one other department whose firemen had to pay for equipment maintenance and engine fuel.
Earlier this week, HuffPost reported that Gov. Rick Perry, the GOP front-runner for president, had signed off on millions in firefighting cuts as part of the state's most recent budget legislation. The Texas Forest Service's funding has gone from $117.7 million in the 2010-2011 budget years to $83 million in the 2012-2013 budget years.
Severe cuts have also hit assistance grants to volunteer fire departments throughout Texas. The grants decreased from $30 million per year in 2010 and 2011 to $13.5 million per year in 2012 and 2013. These are cuts that firemen are now dealing with.
"I don't agree with it. I understand what Governor Perry did," said Henry Perry (no relation). "Do I like it? No. I don't like it at all." Source
Perry has to be real careful when running with this story. He love's to use it as backing to try to get federal funding and complain that the federal government isn't keeping up with its responsibility and he will gladly let the shortfalls continue to make the feds look bad.
However the actual truth to the matter is, this is the poster child for how badly a balanced budget amendment can be. We have such a thing in texas, so instead of doing the obvious thing (take out debt in order to cover for an emergency which is just like some one taking out a loan to cover say their car breaking down) we continue to cut down on a service thats greatly needed, and the damage continues to spread destroying property and peoples livelihoods which in turn reduce income to pay for said services and causing other expenditures so that you get pushed into a continual downward spiral.
So basically you have Disaster causing damage, a current budget shortfall requires to to mismanage said catastrophe, more damage is caused, revenue from taxes drops even more so that more services must be cut, more disasters happen causing even more damage because theirs less services to protect with, causing even more tax shortfalls.
Whereas, if we'd take on a little debt to get it under control revenue would have a better chance to catch up and cover the previous shortfalls. Like I said its like your car breaking down and you refusing to take out loan to get it fixed because you didn't have the cash on hand to fix it. So now with no car you can't get to work and lose your job putting you farther in debt.
This is one of the many pitfalls in having a balanced budget amendment. There is a time and place for debt whether your'e an individual, a company, or a country.
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First rule of economics: There is no such thing as a free lunch. That means you can't create something out of thin air, like "jobs."
The government doesn't create jobs, it merely shuffles them around. It can take money (jobs) from the private sector, and spend the money to create jobs somewhere else. It can take money (jobs) from the future to create jobs in the present, in the form of debt.
This is where the keynesian voodoo kicks in, and people start claiming that these jobs that were simply transferred from one place to another are going to lead to more jobs that weren't transferred from somewhere else. By money being circulated they think that more money is somehow created out of thin air. No, what happens is people simply become comfortable enough to start taking on more debt, paving the way for the next bubble. We worship the bubble, we consider it the standard.
What they don't realize is that in the process of government transferring money and jobs around, there are countless inefficiencies that are created, such as employing people whose sole purpose is to shuffle things around, and people who are employed to do paperwork. In other words, the process of transferring jobs itself costs jobs that would have produced actual goods that would have raised the standard of living. Let's not forget that the jobs the government actually creates through it's transfers are severely less efficient than those in the private sector. From no bid contracts, to waste, to corruption, to exorbitant public employee pay and benefits and pensions. I've seen it all first hand, because I've worked in the public sector. The jobs that are created produce significantly less than the jobs that could have remained in the private sector.
And let's not forget at the end of all of this, that it is undeniably immoral to take money and jobs from generations that have no say in the matter. It's nothing more than stealing from our children. We justify it by saying "we can afford it." We should be saying, "they can afford it." And yet, we can't even afford it now.
Please don't lecture me on the keynesian voodoo, I've heard it all before. The only way TRUE growth can occur, meaning not artificial growth that will be erased in the next recession (market correction), is to all allow the correction to complete without adding additional government inefficiency which merely serves to placate the masses who are ignorant of economics that the government is "doing something to create jobs."
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United States43277 Posts
On September 12 2011 14:53 jdseemoreglass wrote: First rule of economics: There is no such thing as a free lunch. That means you can't create something out of thin air, like "jobs."
The government doesn't create jobs, it merely shuffles them around. It can take money (jobs) from the private sector, and spend the money to create jobs somewhere else. It can take money (jobs) from the future to create jobs in the present, in the form of debt.
This is where the keynesian voodoo kicks in, and people start claiming that these jobs that were simply transferred from one place to another are going to lead to more jobs that weren't transferred from somewhere else. By money being circulated they think that more money is somehow created out of thin air. No, what happens is people simply become comfortable enough to start taking on more debt, paving the way for the next bubble. We worship the bubble, we consider it the standard.
What they don't realize is that in the process of government transferring money and jobs around, there are countless inefficiencies that are created, such as employing people whose sole purpose is to shuffle things around, and people who are employed to do paperwork. In other words, the process of transferring jobs itself costs jobs that would have produced actual goods that would have raised the standard of living. Let's not forget that the jobs the government actually creates through it's transfers are severely less efficient than those in the private sector. From no bid contracts, to waste, to corruption, to exorbitant public employee pay and benefits and pensions. I've seen it all first hand, because I've worked in the public sector. The jobs that are created produce significantly less than the jobs that could have remained in the private sector.
And let's not forget at the end of all of this, that it is undeniably immoral to take money and jobs from generations that have no say in the matter. It's nothing more than stealing from our children. We justify it by saying "we can afford it." We should be saying, "they can afford it." And yet, we can't even afford it now.
Please don't lecture me on the keynesian voodoo, I've heard it all before. The only way TRUE growth can occur, meaning not artificial growth that will be erased in the next recession (market correction), is to all allow the correction to complete without adding additional government inefficiency which merely serves to placate the masses who are ignorant of economics that the government is "doing something to create jobs." In line with your request that I avoid a counterargument I will simply state that I disagree. However it may be more conducive to debate if you don't follow your string of poorly articulated, barely relevant and entirely unsubstantiated claims with a plea not to have someone explain the opposing arguments. TRUE (capitals so you know it's actually true).
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On September 12 2011 15:01 KwarK wrote:Show nested quote +On September 12 2011 14:53 jdseemoreglass wrote: First rule of economics: There is no such thing as a free lunch. That means you can't create something out of thin air, like "jobs."
The government doesn't create jobs, it merely shuffles them around. It can take money (jobs) from the private sector, and spend the money to create jobs somewhere else. It can take money (jobs) from the future to create jobs in the present, in the form of debt.
This is where the keynesian voodoo kicks in, and people start claiming that these jobs that were simply transferred from one place to another are going to lead to more jobs that weren't transferred from somewhere else. By money being circulated they think that more money is somehow created out of thin air. No, what happens is people simply become comfortable enough to start taking on more debt, paving the way for the next bubble. We worship the bubble, we consider it the standard.
What they don't realize is that in the process of government transferring money and jobs around, there are countless inefficiencies that are created, such as employing people whose sole purpose is to shuffle things around, and people who are employed to do paperwork. In other words, the process of transferring jobs itself costs jobs that would have produced actual goods that would have raised the standard of living. Let's not forget that the jobs the government actually creates through it's transfers are severely less efficient than those in the private sector. From no bid contracts, to waste, to corruption, to exorbitant public employee pay and benefits and pensions. I've seen it all first hand, because I've worked in the public sector. The jobs that are created produce significantly less than the jobs that could have remained in the private sector.
And let's not forget at the end of all of this, that it is undeniably immoral to take money and jobs from generations that have no say in the matter. It's nothing more than stealing from our children. We justify it by saying "we can afford it." We should be saying, "they can afford it." And yet, we can't even afford it now.
Please don't lecture me on the keynesian voodoo, I've heard it all before. The only way TRUE growth can occur, meaning not artificial growth that will be erased in the next recession (market correction), is to all allow the correction to complete without adding additional government inefficiency which merely serves to placate the masses who are ignorant of economics that the government is "doing something to create jobs." In line with your request that I avoid a counterargument I will simply state that I disagree. However it may be more conducive to debate if you don't follow your string of poorly articulated, barely relevant and entirely unsubstantiated claims with a plea not to have someone explain the opposing arguments. TRUE (capitals so you know it's actually true).
except how he's right.
government doesn't produce anything. It only wastes resources to redistribute things.
government can't create wealth, because money isn't wealth, money with no products only creates inflation, the total wealth can only be increased via production, which the private sector does in the most efficient way when it's unregulated
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