Money: what can a person do with it?

Wyldgusechaz

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She can spend it. That creates jobs.

He can save it. That creates jobs.

They can invest it. That creates jobs.

All of those jobs are created as responses to people using their money in the way they best see fit. Thats capitalism.

Thats it. Thats all a person can do with his money but each of those decisions is implemented by that person under his own free will.

There is one other thing that can happen with your money. It can be taxed away and spent by people who think they are better at making decisions about how to spend your money that you do. Thats socialism. Why do liberals think that the government knows better whjat to do with a person's money than that person does himself? Its atrificially directing money at things people may not want. We accept allowing some of our money being directed to things we may not want such as defense missles and welfare but we accept a certain level. IN america 18% seems to be the safe number.
 

Drifterwood

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If your party hadn't screwed up so badly Gusey, you wouldn't be facing tax rises now.

Extra tax is for the fuck up failure of the capitalist banking system, social programmes will also have to be cut.

Your definition of capitalism is not really very good.
 

Wyldgusechaz

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I'd have the government do it. I like seeing taxpayer dollars spent for public benefit.

So you agree that the government knows better how to spend your money than you? Odd.

Secondly, you are also saying that a person who spends his money freely does not benefit the public? I am confused. If I give $300 to the government in taxes they spend it on what THEY think it should be spent on. If I instead spend it on a $300 dinner at a steakhouse, does it not benefit the public? The money is not lost is it? It pays wages, for farmers to produce meat, for bus boys, for waitstaff. The money is used for vinters in Napa or Maine, who give jobs to farm workers, does it not?

How does privately and freely spent money NOT benefit the public? I propose it provides even a greater benefit than tax money spent but you disagree? Its voluntary and sustainable not artificial.
 
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SilverTrain

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She can spend it. That creates jobs.

He can save it. That creates jobs.

They can invest it. That creates jobs.

All of those jobs are created as responses to people using their money in the way they best see fit. Thats capitalism.

Thats it. Thats all a person can do with his money but each of those decisions is implemented by that person under his own free will.

There is one other thing that can happen with your money. It can be taxed away and spent by people who think they are better at making decisions about how to spend your money that you do. Thats socialism. Why do liberals think that the government knows better whjat to do with a person's money than that person does himself? Its atrificially directing money at things people may not want. We accept allowing some of our money being directed to things we may not want such as defense missles and welfare but we accept a certain level. IN america 18% seems to be the safe number.

The hallowed jewel of "Republican" fiscal thinking has been the notion that privatizing is always preferable to government action, that private industry and markets will always do a much superior job of it than letting the government's involvement mess it all up.

But the worst economic crisis since the Great Depression has shown, by virture of its antecedents and causes, that notion to be an utter fallacy.

And yet the beat goes on.
 

mikeyh9in

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God Damn Liberals... I remember the last horrible liberal to be the in the White House and look where that got us.

Oh that's right... we got a *surplus*... we were in danger of paying off our National Debt due to that surplus.

Remember "W" had a surplus when he entered office.

I think what is happening is that the Conservatives love to quote "Government can't do anything right", but what they are saying is "Government can't do anything right when conservatives are in charge" ("You're doing a Heck of a job Brownie")... when the Liberals are running things, things seem to run pretty smoothly -- the only thing they got pissed about is that Clinton had enough time to not only balance the budget but also get a blow job.
 

SR_Blarney_Frank

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Savings doesn't really create jobs. The whole idea behind economic growth is increasing consumption. We've been doing it through debt - which really just means negative savings.

Beyond that, whether the government spends a $1 or John Q Public spends $1 it has about the same stimulative effect.

I find it hard to believe that after so many consumers have gone bankrupt or been foreclosed upon that I still hear the argument that the public is somehow better equipped to make spending decisions than the government. Clearly a substantial portion of the public has no clue how to manage a budget or spend wisely.
 

Bbucko

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It sounds like WildGusechaz started Happy Hour a little early. Unfortunately, it had no effect on his ability to post anything of merit or value.
 

Bbucko

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What's early? Its always 5:00 somewhere.:smile:

According to the timestamp, the OP was posted 10 hours ago. As it's 10:13 by the clock on my computer, I'd say he had a liquid lunch.

Mind you, I have no problems with alcohol per se (I'm actually rather fond of it); but I find posting while intoxicated (PWI) really really poor form.

As this thread (like so many others of Chaz's) is fundamentally nonsensical, I see no reason to respond as if it were serious.
 

B_starinvestor

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According to the timestamp, the OP was posted 10 hours ago. As it's 10:13 by the clock on my computer, I'd say he had a liquid lunch.

Mind you, I have no problems with alcohol per se (I'm actually rather fond of it); but I find posting while intoxicated (PWI) really really poor form.

As this thread (like so many others of Chaz's) is fundamentally nonsensical, I see no reason to respond as if it were serious.

As the warm temps move in and Spring takes hold, the lure of an early cocktail is ever more enticing on a Thursday, particularly if said poster is 'off' on Friday.

Usually spelling errors and typos are a tell-tale sign, but I didn't see that in goose's OP.
 

Bbucko

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She can spend it. That creates jobs.

He can save it. That creates jobs.

They can invest it. That creates jobs.

All of those jobs are created as responses to people using their money in the way they best see fit. Thats capitalism.

Thats it. Thats all a person can do with his money but each of those decisions is implemented by that person under his own free will.

There is one other thing that can happen with your money. It can be taxed away and spent by people who think they are better at making decisions about how to spend your money that you do. Thats socialism. Why do liberals think that the government knows better whjat to do with a person's money than that person does himself? Its atrificially directing money at things people may not want. We accept allowing some of our money being directed to things we may not want such as defense missles and welfare but we accept a certain level. IN america 18% seems to be the safe number.

Usually spelling errors and typos are a tell-tale sign, but I didn't see that in goose's OP.

Remind me to not ever ask you to proofread anything for me if the opportunity arises, OK?
 

Wyldgusechaz

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Savings doesn't really create jobs. The whole idea behind economic growth is increasing consumption. We've been doing it through debt - which really just means negative savings.

Beyond that, whether the government spends a $1 or John Q Public spends $1 it has about the same stimulative effect.

I find it hard to believe that after so many consumers have gone bankrupt or been foreclosed upon that I still hear the argument that the public is somehow better equipped to make spending decisions than the government. Clearly a substantial portion of the public has no clue how to manage a budget or spend wisely.

Real economic growth comes from increasing productivity I think.

And the government does know how to spend wisely?

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha..............................
 

Wyldgusechaz

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It sounds like WildGusechaz started Happy Hour a little early. Unfortunately, it had no effect on his ability to post anything of merit or value.

No refute? Not even a whisper? That means you agree or cannot rebut.

I win. Love being a winner. It suits me.