There you go. Like many who have no idea about economics, you contradict without back-up. Com one tr6 give me some content. Or do you even know what economics are?
You remind me of a physician who recommends a good leeching, then, when questioned on it, demands to know where the questioner got his medical degree.
Angry little monkey aren’t you.
I think you’re on the wrong forum. Head over to DU. Oh and buy the way don’t let the door hit you in the a*s socialist.
Don’t post drunk. It just makes you look like you don’t know what you are talking about.
I mean you sound like a European when you talk like that. Sleep it off, tiger.
“There you go. Like many who have no idea about economics, you contradict without back-up. Com one tr6 give me some content. Or do you even know what economics are?”
LOL, contradict without back-up? You mean like this?
TROLL ALERT!!!
If you have taken economics courses in college, you know that it is a complex subject not given to quick and easy explanations suitable for this thread, but I can point you in the right direction if you like.
Keynesian economics holds that there is a roll for government in economy's, namely that government spending will stimulate the economy, however since government spending is never as efficient as private spending, and since private spending must be reduced to allow for increased government spending, government spending is wasteful of a society's resources. This is why politically socialist countries inevitably economically under perform politically free markets countries almost exactly to the degree that one is more or less socialist than the other.
Free market economics, known as the Austrian school, espouses that societies perform better if government stays out of economics. Indeed the absolute worst thing you can do for a society is to centrally plan everything. The five year plans of the Soviet Union absolutely ruined the Russian economy.
If you want to know more, research the Austrian school of economics and Ludwig von Mises.
http://en.wikipedia.org/wiki/Austrian_School
http://www.mises.org/
“Like many who have no idea about economics, you contradict without back-up.”
Since you know about economics, I am sure you have heard of the multplier effect. The mulitplier effect follows a dollar spent and determines the total spending power. When a consumer spends a dollar, that dollar circulates and can be the equivilant of up to 5 dollars. When a business spends a dollar, the equivilant can also be up to 5 dollars after the dollar circulates. When the government spends a dollar the circulation can be up to 3 dollars.
While the economy currently does not get us to the top circulation, 5 dollars for each dollar a consumer or business spend, or 3 dollars for each dollar the government spends, there is a reason that the multiplier effect for consumer spending and business spending are always higher than government spending: a consumer has to go back to work to replace the dollar and a business has to order inventory to replace what was sold.
The “stimulus plan” will short change the growth potential since it does nothing, or nearly nothing to put dollars in the hands of consumers and businesses.