Romney: Economic Stimulus 'Didn't Work'

more at cbsnews.com, November 2, 2009

Category:

News & Politics

Tags:

• mitt
• romney
• economic
• stimulus
• didn't
• work
• economy
• plan
• government
• free
• market
• president
• barack
• obama
• jobs

[theracemixer]

maybe the economy will do good by Mormon magic underwear

[Philinspaces]

Any time a Republican starts a sentence with "LOOK", you know he's about to lie.

[WKaliberr]

you dick don't work bitch

[wervasdeferens]

(cont)

Only the commons should be socialized.

Infrastructure,Health care,Education,Protective services,etc.

Everything else should be in the private sector.

"Well, what about food and shelter?"

There's a big difference between cheese,bread,milk,etc than handing out fillet mignons and caviar.

The same goes for living in public housing as opposed to living in a Mansion.

People should give up their short sighted selfishness and realize that they will have more, if all have the basics.

[wervasdeferens]

(cont)

Demand creates jobs and both the private and public sectors fill that demand.

The argument from the Ayn Randians is that socialism disincentivizes people.

That's great! You show me a rich person that would be willing to trade places with a poor person, just in order to receive charity from government and you've shown me a fool.

"I want to keep what is mine".

Where do rich people get their money from?

An economy is all about shifting money,the government is just a cog in the wheel.

[wervasdeferens]

(cont)

Do you propose we privatize everything?

Roads?Military?Police and Fire?Utilities?

Waste removal?

I have come to the conclusion, that those in the Ayn Rand philosophical camp are very short sighted.

They are willing to pay more for a service that makes some CEO a multi-millionaire, than pay less, in taxes, for the same service if some poor person might get free cheese.

It's cheaper to educate and help people than it is to ignore and imprison them.

[wervasdeferens]

AshillaBeige,

What do you mean? The only point of creation for any goods are raw materials, everything else is value added

The private sector takes people's labor,the government takes people's taxes. What is the difference, if you're getting something in return?

The only difference is some feel as they are not getting their money's worth from the government. But some Laborers also feel they are not getting fairly paid from the private sector.

[AshillaBeige]

No, you just can't make a counter point. This isn't tennis. Shouting "FAULT" doesn't mean you won a point.

[AshillaBeige]

Ever heard of the Broken Window Fallacy? It's a well known economic concept stating that the government can not create job, it just funnels money from somewhere else and shuffles employment.

Say you broke my window; did you create a job? No, you caused me to give my money to someone to fix it rather than to a grocer or to pay for transportation. It's not the place of the government to act as an engineer of peoples' lives. The gov paying into companies to create jobs just shifts money.

[AshillaBeige]

Look at output per worker and pay per worker. Yeah, unions are great. Oh wait, in my country (Canada) which is far more unionized, workers are paid more than they produce. It's an unsustainable system. It's insane to think that money just appears from no where and that you can pay people more than they produce without consequences.

[AshillaBeige]

Reagan expanded the government, dickwad.

[MooseOfReason]

Learn about the "Broken Window Fallacy":

watch?v=UPmo2e-bAMQ

It's a three minute video and very informative. "Government spending reshuffles jobs. It doesn't create them."