Milton Friedman - Government's Health Care Role
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@cisseshairdresser I’m not right wing. I’m an economist who has forgotten more facts on this topic than you likely will ever know. Basic economics (and logic) dictates that if the government spends money to repair bridges that creates THOSE jobs BUT government must get the money from SOMEWHERE – taking those resources out of the vastly more efficient private sector and thus DESTROYING more jobs than were created. Government CAN’T create jobs on a net basis.
Retard.
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@FletchforFreedom Your so wrong it hurts, actually you're more ignorant of the facts. If the Govt decides to spend a shit ton of money on repairing every single bridge in the country doe's that create a LOT of jobs?
Looking forward to how you put your brain washed right-wing idiot spin on that BUT you'll probably need to consult Fox News first for the answer.
Retard.
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Health insurance loves you when your young, but once you get older and need more extensive medical attention, or god forbid get cancer,Your screwed.
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@cisseshairdresser You apparently never checked. The Obama administration has claimed the savings of a couple of million jobs but as anyone with any actual knowledge of economics can tell you, the figure is entirely bogus. The CBO uses static scoring (which means they ignore half the equation -specifically the jobs lost becasue the resources have been removed from the private sector). Every ACTUAL expert knows that government CAN'T create jobs - it's an economic impossibility.
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@cisseshairdresser 200 million jobs? You may want to check your math buddy.
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@cisseshairdresser Even if that is true - and I promise you it's not, that would be 200 million jobs lost in the private sector. Long-term sustainable jobs that add value to the economy, not public spending make-work jobs.
QE has been going on for years and we're up for another round, all stimulus has not shown any effects beside politicians claiming it would have been worse. We need to cleanse the economy of garbage companies, it's going to hurt, but kicking it down the road will hurt more.
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Last time I checked the stimulus saved around 200 million jobs in the US and now the US AND the UK are begging for more Govt. Stimulus. Even Wall St wants it and is doing what it can to get it. Stimulus is the only thing that can save the economy of the US and UK now. Something needs to stimulate the economy and every expert knows that lowering taxes will not helpin the slightest.
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@cisseshairdresser Keynes was a moron who is has been proven very wrong very many times. How is that stimulus working out? Remember stagflation?
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damn milton.. i never thought about it that way.. people spend more money on things that make them bad then on things that make them healthy.. it is well within the means for an average american family.
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This idiot has the most whiny annoying voice ever. He's nothing compared to Keynes.
Milton Friedman is brilliant!
RoronoaZoro222 2 years ago 31
Timeless indeed!
yadranko 2 years ago 22