Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AmericaUnited; cva66snipe; The_Eaglet
Only some sophomoric moron thinks you could cut the Federal budget 40%, taking $680 BILLION dollars of economic activity out of the economy, and somehow MAGICALLY your tax receipts will stay the same. WHAT A HUGE AND BASIC SCREWUP!

Hold on... do you mean to tell me that you are some Marxist-Educated freshman undergrad (if you've even gotten that far) who actually thinks that most Federal Spending is in some way Economically Productive?!

Do you not even recognize the Economic Fact that MOST Federal Domestic Spending (on Welfare, on Health Care, on Education, et cetera) is actually COUNTER-PRODUCTIVE? That Federal Spending so utterly distorts incentives, pricing structures, capital allocations, and productivity as to actually reduce Private Market profitability for every Federal Dollar spent??

Are you really THAT stupid? I had, honestly, no idea. WHAT A HUGE AND BASIC SCREWUP!

Do you really think that spending $250 Million dollars on an Alaskan "Bridge to Nowhere" is somehow GOOD because it generates "Economic Activity"?

What about the Opportunity Costs the Economy suffers when the Federal Government sells Bonds in order to paper over such Deficit Spending, thus taking money out of the Private Capital Markets? OR WORSE, just prints the additional money via Debt Purchase into the Federal Reserve System, thereby generating dollar-destroying Inflation throughout the entire Economy? Did you ever think about THAT??

Mere "Economic Activity", if generated by COUNTER-PRODUCTIVE and therefore ANTI-PROFITABLE Government Spending, is NOT a Good Thing!

Gross "Economic Activity" is NOT necessarily a virtue in and of itself. Good grief, am I debating a Conservative or a Marxist Keynesian??

Of course, if we admit of any sort of economic forecasting, I think that it is CERTAIN that the more-Capitalistic "Economy B" will out-perform the more-Socialistic "Economy A" over time, thus producing both MORE for the Private Citizenry AND a larger Gross Product.

However, at this point, I am really trying to make it as simple as possible for you to understand. Gross "Economic Activity" itself is NOT necessarily a "Good Thing" if it is Inflation-Funded or Tax-Funded or Debt-Funded Government Spending which operates at the expense of the Private Markets and undermines incentives, pricing structures, capital allocations, and productivity. Can you at least grasp that notion?

If you can't... well, then there's only so much I can do. I can't make a Fiscal Conservative of someone who's been poisoned by fiscal Marxism to the root. I'm not Jesus Christ and I can't work miracles.

77 posted on 04/17/2007 10:07:39 AM PDT by OrthodoxPresbyterian (Please Ping or FReepMail me to be added to the Great Ron Paul Ping List)
[ Post Reply | Private Reply | To 64 | View Replies ]


To: OrthodoxPresbyterian

Thanks for making the points I no longer can.


81 posted on 04/17/2007 10:21:57 AM PDT by cva66snipe (Kool Aid! The popular American favorite drink now Made In Mexico. Pro-Open Borders? Drink Up!)
[ Post Reply | Private Reply | To 77 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson