Mercnbeth
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quote:
ORIGINAL: samboct
I'm a pragmatist.
Let's test that...
quote:
Only under the assumption that a government job doesn't create any more jobs. But that's not how economics works- it's not a zero sum game, and the supply of money isn't fixed. Your bellyache that government workers have to paid for is true- but ignores the economic growth that is possible from intelligent use of public funds. If paying for one government worker leads to 10 more jobs- my tax burden will go down- not up.
Based on your theory and support for increasing government jobs, President Bush must be your favorite President of all time. He created more bureaucracy and bureaucrats than any previous administration. They're still there. Since unemployment is going up and not down the theory that a government employment creating more jobs seems to be false.
The "IF" in your position "If paying for one government worker..." gives you an out, but to suggest 10, or even a 1-1 relationship exists wouldn't it be evident somewhere? Ten per each of the 600,000 planned, that would eliminate much of the unemployment problem but there is nothing to support that contention. However, ifs it it correct, the net positive effect on the deficit and tax would be zero, since it would take a 10-1 margin to afford them and not have a negative impact on the deficit or the budget shortfall.
I don't feel any more tax cuts are necessary. I don't feel more tax burden is necessary either.
Viable industries and businesses who have poorly managed and administered companies will pick up the slack, personal and operational, were the failures allowed to fail. It wouldn't take one dollar of tax money. Lending would open up the second that all the money, currently on the side-lines, held by companies and individuals has some confidence in the economic waters they will have to navigate. The stock market is not the be all end all of a healthy economy, but it is the 'knee-jerk' to policy, or lack of, coming from Washington. President Obama and Geithner's vague statements lacking details, generates a skeptical 'no-confident' vote that resulted in yesterday's results. As a side note - would you as an investor, owner, or buyer, ever pull the trigger on a $1,000 purchase/deal without having all the deals disclosed? Why would anyone in support a $1 Trillion being spent in that manner, without the details, while admitting as a group; "We only spent 3 seconds on this..."? Is that the reason President Obama has to sell "desperation" and "catastrophe"; lacking details and facts on the solution?
Over the last few days, its become obvious that Unions, especially in the pubic employment sector, are a major influence on this Administration and this Congress. Under the smokescreen of bailing out failures, corporate and individuals, the biggest stimulus and bailout is hidden. The agenda of locking in government union workers and their benefits is the sacred cow. Only on the back pages of newspapers is a very important statistic noted. The 'government' in all its forms, Federal, State, and local, is now the largest employer in the USA. Virtually all are unionized. All are paid and provided benefits and pensions unrivaled in the private sector. Not one cut is scheduled, not one evaluation, not one audit. How is that possible? How is that ignored?
No functioning and viable operation could function as the US government and not address duplicity and waste in the workforce. Yet, nowhere in the hundreds of pages of pork and stimulus, is there one sentence on cutting government employee personal.
Why is that? Is burgeoning bureaucracy the core of the 'plan' based upon your theory of a 10-1 benefit to jobs in the private sector? What results can you site to support that position, taking the past 8 years of bureaucratic personal increases as a example of that theory in practice?
< Message edited by Mercnbeth -- 2/11/2009 8:58:12 AM >
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RE: Thoughts on President Obama's speech tonight? - 
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