rdmcandie wrote:
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Why do you suppose that is? Don't you think that being rich and being greedy, they wouldn't just sit on so much money? Wouldn't they want to use it to make more money for themselves? So why aren't they?
They are. They just aren't doing it in the USA.
Yes. Because they believe that they can make more money that way. So shouldn't we try to change that instead of trying to punish people for reacting rationally to the economic situation around them? Surely you can see that the whole "tax the rich because they aren't creating jobs" is not a viable solution?
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It's because rich people invest their money in places where their investments are more likely to be lucrative. So isn't the obvious solution to make the USA a more lucrative place to invest?
Hard to make money when people are to afraid to spend it, because 1. They aren't sure if they will have a job tomorrow, and 2. because the fragile economy could sh*t the bed at any time in the foreseeable future.
Sure. But most of the reason the economy is so fragile is because of overspending by the government. Our debt is far worse than it would have been without that spending. That debt is driving fears of tax increases in the business world. And that fear is driving jobs from the US.
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You mean like the jobs the private sector has been moving out of the states since the 80's?
Irrelevant. We had those jobs just a few years ago. I'm looking at what has happened since 2007. Tossing some imagined longer term trend into the middle of this discussion doesn't help at all. Look at what changed in the last 4 years.
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Those aren't connected to each other though. Not directly. Are you aware that in the 2010 to early 2011 time frame consumption rates were pretty healthy? As a result of pumping money into the demand side of the economy for a couple years, we were artificially keeping consumption at decent levels. But as I (and most conservatives) predicted, once the money runs out, the effect disappears. It's not sustainable.
Huh? Did you just not bother to read what I wrote? We need "real jobs". Consumption is important, but only if the money being used to consume is the result of productive employment. Consumption is only half the equation. How many times do I have to keep repeating this before it sinks in?
How many more billions of dollars do we have to spend before it sinks in?
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That's *not* normal. The idea that you should spend money to create jobs is not normal. Jobs should make money, not cost it.
Each year the American government spends billions (so to speak) so the private sector can create jobs....trouble is, they aren't and when they do most cases it is outside of you country. Everything has a price tag, you should know this being a hard line conservative. But that gets lost in the rhetoric usually doesn't it. If spending money to help companies afford to hire more people can't work, how do you propose that solid tax breaks do....in the end companies net the same returns so what you are really trying to say is to stop giving the private sector huge tax breaks since spending money into it isn't normal? I can agree with that.
It's like you don't even bother to read the words you quote and respond to. I just said that jobs should make money, not cost it. The very idea of "spending money to create jobs" is backwards. That's what I'm trying to get you to understand. If a job is not profitable unless the government funds it in some way, then that job is a net negative economically. I just don't know how much more clearly I can say this.
You're also still missing the fact that the dollars that the government spends doing this has to come from somewhere eventually. The people in the business world know this. So not only are the jobs we're creating costing us more than they generate but they also increase our debt ultimately leading businesses to create fewer productive jobs in the economy. In typical liberal fashion, we're rewarding bad economic behavior and punishing good economic behavior and then standing around scratching our heads wondering why our economy is in the dumpster.
Stop doing that! It really is that simple. Stop trying to spend money to create jobs. Instead, do everything you can do reduce the spending the government is doing. Commit to not raising taxes. Make business believe that you wont raise taxes. Do this and those businesses will create jobs. And the jobs they create will generate more money than they cost, which will cause the economy to recover.
I guess I just don't get what you think the end result of spending to create jobs will be. How do you think that will create economic growth? The very fact that the government has to spend money for a job to exist means that the job is non-productive. We're spending money to hurt our economy, not help it.