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#31
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On 5/3/10 18:57 , m II wrote:
D. Peter Maus wrote: Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? George Bush didn't run on a platform of raising my taxes. |
#32
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On May 3, 8:48*pm, "D. Peter Maus" wrote:
On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: * *Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? * *George Bush didn't run on a platform of raising my taxes. ....nor did he run on a platform of doubling our national debt. |
#33
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Read my lips, no new taxes! ~ G.H.W.Bush.
cuhulin |
#34
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"D. Peter Maus" wrote in message
... On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. You mean the way Obama trebled it in less than 5 months? That didn't happen. Jim |
#35
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On 5/4/10 05:17 , Clave wrote:
"D. Peter wrote in message ... On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. You mean the way Obama trebled it in less than 5 months? That didn't happen. Jim Neither did 9-11. |
#36
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On May 4, 3:17*am, "Clave" wrote:
"D. Peter Maus" wrote in ... On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter *wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: * * Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? * * George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. * You mean the way Obama trebled it in less than 5 months? That didn't happen. Jim- Hide quoted text - - Show quoted text - |
#37
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On May 4, 3:17*am, "Clave" wrote:
"D. Peter Maus" wrote in ... On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter *wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: * * Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? * * George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. * You mean the way Obama trebled it in less than 5 months? That didn't happen. Jim- Hide quoted text - - Show quoted text - JIm, I assume you refer to the *debt*, which is correct; it did not treble or any other whole number multiple . Peter's assertion about the annual *deficit*, however, is closer to the mark...Obama, with the help of most of Congress, passed increases for a number of reasons, for reasons that are well within anybody's memory. However, this almost certainly would *not* have happened if we had not been in a (hpefully) short-term economic crisis. Bruce |
#38
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On May 4, 3:05*am, "D. Peter Maus" wrote:
On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter *wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: * * Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? * * George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. * *You mean the way Obama trebled it in less than 5 months? Or increased it 10 times over the period of his first term? I mean, if you want to have a third grade argument, we can. But you've demonstrated too many times that you're smarter than that. * *The discussion, however, is that Kerry, like Obama, and especially Biden, ran on a platform of raising taxes for us, while doing everything he can to avoid paying his own. If he's so determined that more taxes need to be paid, then let him lead the way...pay more of his own money into the Treasury before he confiscates ours. If Biden is so convinced that paying taxes is a patriotic thing to do, then let him lead the way. Let him show us his own patriotism and forego his exemptions. Let him and pay more, before telling us that we must pay til it hurts as a matter of duty. * *If it's a matter of taking care of the less fortunate, then donate more of his own money before redistributing ours. By his own released records Kerry donates nothing to charity. While you and I do, out of our own pockets. Bush and Cheney donated more out of their own pockets...more of their own money...than all the Democrats in Congress combined. While those same Democrats argued that we must be more generous, and take care of the less fortunate, by raising our taxes and redistributing that wealth, at the same time protecting their own. * *Kerry, especially, makes 5-10 times what you and I do, and yet he avoids paying his share of taxes, while arguing that you and I must pay more. If George Bush had done the same, I'd be just as ****ed at the double standard. But he didn't. * *It's laughable at how the argument, no matter the topic, always gets pushed back to what Bush did or did not do. The truth is that I'm no happier about Bush's Presidency than I am Obiteme's. His administration is responsible for not one, but two lame-ass stimulus packages that did nothing but make busywork for civil employees. It cost the government about $2400 in man-hours to write those silly $600 stimulus checks that did nothing to stimulate the economy. While a simple tax cut would have boosted economic output, and in the process increased the flow into the Treasury immediately. Bush's administration further wrote checks on my future to bailout General Motors, Chrysler and how many banks and Wall Street brokerages? While letting them go to bankruptcy when bankruptcy first threatened, would have ended the harping, and started the rebuilding within two weeks. Instead of dragging the process out, further depressing the economy until there was no way the banks, the auto companies or Wall Street brokerages could recover themselves. * *The reality is, that Bush did precisely what he ran against...government interference in the private sector. Had GM, for instance, simply been allowed to fail when the issue first came up, there would have been a bankruptcy, and another manufacturer, or manufacturers would have swooped in and bought up the assets for pennies, restructured the businesses, and moved on. For two weeks there would have been a lot of nail biting, stocks would have been depressed, and then recovery would have been well under way by the time the housing bubble burst and the real crash occurred nearly a year later. The economy would have strong enough to absorb the hit without spending nearly two trillion more out of public coffers, which created the public panic that virtually halted the economy for more than a year. * *The economy is resilient. It has the ability to right itself after a bubble burst. Had it been allowed to simply do so, as with the crash of the 20's, the economic calamity that followed, like the Great Depression, would have been very short lived before recovery began. History has shown time and again, that economic downturns are short lived except when government interferers. And that the debt soars when the ruling party can't keep its hands to itself. * *So, yes, I'm furious at Bush, as well. He took a well intentioned, and successful Presidency and ran it off the rails. * *But that's not what this discussion is about. * *You know, it's rare that Kevin and I find ourselves on the same side of a political issue, but he's right...both parties are abominations to the Founding Fathers' intentions, these days. * *There are 535 people who can be blamed for the state of the nation. 535 people who have run for office decrying the enormous government waste. The same 535 people who could at anytime put an end to that waste overnight. And yet, they have not. 535 people who have run for office decrying runaway government spending. The same 535 people who could at anytime end that runaway government spending overnight. And yet, they have not. 535 people, every term who have promised campaign after campaign, that there will be improvement in government responsibility, government transparency, and government effiency. The same 535 people, who, every term fail to fulfill those promises, blaming the economy, the deficit, international terrorism, tooth decay and toenail fungus. * *The deficit hasn't been addressed because those 535 people don't WANT it addressed. Because it's a touchstone for their campaigns. End the debt and they lose the issue that gave them their impetus for election. Government waste hasn't been addressed because that money is their pipeline to support in the civil sector. Runaway government spending hasn't been addressed because that money is the source of their power for that 535 people. * *535 people. That's all it takes to end these ills. 535 people. Each one with the power to change things. * *And yet, they don't. Because they don't want to. * *It could be done overnight. In the dead of night. The same way they hide their efforts from those of us who elect them. But it doesn't happen because those 535 people con't want it to. * *But all of this is not the issue at topic in this discussion. * *The argument that we, The People, must surrender our hard-earned productivity to the Federal Treasury being made by persons who, themselves, exploit every opportunity to avoid their share of taxation is an abomination unto itself. * *And that was the point of this discussion. Peter - there is one issue that this argument, and many others like it, miss entirely - it is the FLOW of money, not the amassing of money, that keeps the economy going. Pure private enterprise, for all its innovation, tends to amass and concentrate money in specific places; in some cases, like Wall Street or the banks, that amassed money is either given to execs or squandered. The stimulus packages, OTOH, kept money flowing. So what if some of it goes to public employees? Public employees, at the end of the day, are mostly middle- class, mostly typical family people, and spend that money in turn at lots of private commercial stores - whether for clothing, cars, food, washing machines or entertainment of one kind or another. The private sector gets it back again...but in the meantime, someone's child not gone hungry, sopmeone has not lost his home or been unable to afford health care. It's the flow that matters when the economy is tanking. Bruce |
#39
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On 5/4/10 09:11 , bpnjensen wrote:
On May 4, 3:05 am, "D. Peter wrote: On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. You mean the way Obama trebled it in less than 5 months? Or increased it 10 times over the period of his first term? I mean, if you want to have a third grade argument, we can. But you've demonstrated too many times that you're smarter than that. The discussion, however, is that Kerry, like Obama, and especially Biden, ran on a platform of raising taxes for us, while doing everything he can to avoid paying his own. If he's so determined that more taxes need to be paid, then let him lead the way...pay more of his own money into the Treasury before he confiscates ours. If Biden is so convinced that paying taxes is a patriotic thing to do, then let him lead the way. Let him show us his own patriotism and forego his exemptions. Let him and pay more, before telling us that we must pay til it hurts as a matter of duty. If it's a matter of taking care of the less fortunate, then donate more of his own money before redistributing ours. By his own released records Kerry donates nothing to charity. While you and I do, out of our own pockets. Bush and Cheney donated more out of their own pockets...more of their own money...than all the Democrats in Congress combined. While those same Democrats argued that we must be more generous, and take care of the less fortunate, by raising our taxes and redistributing that wealth, at the same time protecting their own. Kerry, especially, makes 5-10 times what you and I do, and yet he avoids paying his share of taxes, while arguing that you and I must pay more. If George Bush had done the same, I'd be just as ****ed at the double standard. But he didn't. It's laughable at how the argument, no matter the topic, always gets pushed back to what Bush did or did not do. The truth is that I'm no happier about Bush's Presidency than I am Obiteme's. His administration is responsible for not one, but two lame-ass stimulus packages that did nothing but make busywork for civil employees. It cost the government about $2400 in man-hours to write those silly $600 stimulus checks that did nothing to stimulate the economy. While a simple tax cut would have boosted economic output, and in the process increased the flow into the Treasury immediately. Bush's administration further wrote checks on my future to bailout General Motors, Chrysler and how many banks and Wall Street brokerages? While letting them go to bankruptcy when bankruptcy first threatened, would have ended the harping, and started the rebuilding within two weeks. Instead of dragging the process out, further depressing the economy until there was no way the banks, the auto companies or Wall Street brokerages could recover themselves. The reality is, that Bush did precisely what he ran against...government interference in the private sector. Had GM, for instance, simply been allowed to fail when the issue first came up, there would have been a bankruptcy, and another manufacturer, or manufacturers would have swooped in and bought up the assets for pennies, restructured the businesses, and moved on. For two weeks there would have been a lot of nail biting, stocks would have been depressed, and then recovery would have been well under way by the time the housing bubble burst and the real crash occurred nearly a year later. The economy would have strong enough to absorb the hit without spending nearly two trillion more out of public coffers, which created the public panic that virtually halted the economy for more than a year. The economy is resilient. It has the ability to right itself after a bubble burst. Had it been allowed to simply do so, as with the crash of the 20's, the economic calamity that followed, like the Great Depression, would have been very short lived before recovery began. History has shown time and again, that economic downturns are short lived except when government interferers. And that the debt soars when the ruling party can't keep its hands to itself. So, yes, I'm furious at Bush, as well. He took a well intentioned, and successful Presidency and ran it off the rails. But that's not what this discussion is about. You know, it's rare that Kevin and I find ourselves on the same side of a political issue, but he's right...both parties are abominations to the Founding Fathers' intentions, these days. There are 535 people who can be blamed for the state of the nation. 535 people who have run for office decrying the enormous government waste. The same 535 people who could at anytime put an end to that waste overnight. And yet, they have not. 535 people who have run for office decrying runaway government spending. The same 535 people who could at anytime end that runaway government spending overnight. And yet, they have not. 535 people, every term who have promised campaign after campaign, that there will be improvement in government responsibility, government transparency, and government effiency. The same 535 people, who, every term fail to fulfill those promises, blaming the economy, the deficit, international terrorism, tooth decay and toenail fungus. The deficit hasn't been addressed because those 535 people don't WANT it addressed. Because it's a touchstone for their campaigns. End the debt and they lose the issue that gave them their impetus for election. Government waste hasn't been addressed because that money is their pipeline to support in the civil sector. Runaway government spending hasn't been addressed because that money is the source of their power for that 535 people. 535 people. That's all it takes to end these ills. 535 people. Each one with the power to change things. And yet, they don't. Because they don't want to. It could be done overnight. In the dead of night. The same way they hide their efforts from those of us who elect them. But it doesn't happen because those 535 people con't want it to. But all of this is not the issue at topic in this discussion. The argument that we, The People, must surrender our hard-earned productivity to the Federal Treasury being made by persons who, themselves, exploit every opportunity to avoid their share of taxation is an abomination unto itself. And that was the point of this discussion. Peter - there is one issue that this argument, and many others like it, miss entirely - it is the FLOW of money, not the amassing of money, that keeps the economy going. Pure private enterprise, for all its innovation, tends to amass and concentrate money in specific places; in some cases, like Wall Street or the banks, that amassed money is either given to execs or squandered. The stimulus packages, OTOH, kept money flowing. So what if some of it goes to public employees? Public employees, at the end of the day, are mostly middle- class, mostly typical family people, and spend that money in turn at lots of private commercial stores - whether for clothing, cars, food, washing machines or entertainment of one kind or another. The private sector gets it back again...but in the meantime, someone's child not gone hungry, sopmeone has not lost his home or been unable to afford health care. It's the flow that matters when the economy is tanking. That's exactly right. FLOW matters. But only private sector spending. In the private sector, each dollar spent is turned over to create another dollar and that dollar goes back into the economy. Further, in private sector spending each dollar spent triggers productivity, which increases total domestic product, which increases the value of every other dollar spent. Public spending comes from taxation, which is a dollar removed from the economy, lost in bureaucratic fractionalization, and then returned to the economy as a small fraction of it's original value. Like $600 stimulus checks that cost $2500 in man-hours each to produce. $1900 of that is lost to the bureaucratic maze. While $2500 in tax cuts to the same individual will produce far more in economic stimulation than the $600 check when taxation remains high. Because $2500 in tax cuts puts that full $2500 back into the economy, with corresponding productivity. More dollars, and stronger dollars, in the economy Public spending, on the other hand does nothing to stimulate the economy because the government is not part of the economy. Government feeds on the economy. But the government produces nothing. A government dollar spent does nothing to stimulate production, so there is no increase in total domestic product, and no increase in the value of the dollar spent. Further, a government dollar spent requires infrastructure support of many more dollars in bureaucratic operating costs, which come from taxation. In the end the dollars spent are a fraction of the massive cost of bureaucracy, and taxation on the dollars put back into the economy are incapable of paying the cost of putting them into the economy. Fewer dollars, and weaker dollars in the economy. Public sector spending regardless of volume, increases nothing, stimulates nothing. Because the government produces nothing. It only adds to the cost of government. Bruce |
#40
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On May 4, 7:29*am, "D. Peter Maus" wrote:
On 5/4/10 09:11 , bpnjensen wrote: On May 4, 3:05 am, "D. Peter *wrote: On 5/3/10 23:17 , bpnjensen wrote: On May 3, 8:48 pm, "D. Peter * *wrote: On 5/3/10 18:57 , m II wrote: D. Peter Maus wrote: * * *Yeah, when I pay more tax than John Kerry, it makes my blood boil, too. Would paying more tax than George Bush be different somehow? * * *George Bush didn't run on a platform of raising my taxes. ...nor did he run on a platform of doubling our national debt. * * You mean the way Obama trebled it in less than 5 months? Or increased it 10 times over the period of his first term? I mean, if you want to have a third grade argument, we can. But you've demonstrated too many times that you're smarter than that. * * The discussion, however, is that Kerry, like Obama, and especially Biden, ran on a platform of raising taxes for us, while doing everything he can to avoid paying his own. If he's so determined that more taxes need to be paid, then let him lead the way...pay more of his own money into the Treasury before he confiscates ours. If Biden is so convinced that paying taxes is a patriotic thing to do, then let him lead the way. Let him show us his own patriotism and forego his exemptions. Let him and pay more, before telling us that we must pay til it hurts as a matter of duty. * * If it's a matter of taking care of the less fortunate, then donate more of his own money before redistributing ours. By his own released records Kerry donates nothing to charity. While you and I do, out of our own pockets. Bush and Cheney donated more out of their own pockets...more of their own money...than all the Democrats in Congress combined. While those same Democrats argued that we must be more generous, and take care of the less fortunate, by raising our taxes and redistributing that wealth, at the same time protecting their own. * * Kerry, especially, makes 5-10 times what you and I do, and yet he avoids paying his share of taxes, while arguing that you and I must pay more. If George Bush had done the same, I'd be just as ****ed at the double standard. But he didn't. * * It's laughable at how the argument, no matter the topic, always gets pushed back to what Bush did or did not do. The truth is that I'm no happier about Bush's Presidency than I am Obiteme's. His administration is responsible for not one, but two lame-ass stimulus packages that did nothing but make busywork for civil employees. It cost the government about $2400 in man-hours to write those silly $600 stimulus checks that did nothing to stimulate the economy. While a simple tax cut would have boosted economic output, and in the process increased the flow into the Treasury immediately. Bush's administration further wrote checks on my future to bailout General Motors, Chrysler and how many banks and Wall Street brokerages? While letting them go to bankruptcy when bankruptcy first threatened, would have ended the harping, and started the rebuilding within two weeks. Instead of dragging the process out, further depressing the economy until there was no way the banks, the auto companies or Wall Street brokerages could recover themselves. * * The reality is, that Bush did precisely what he ran against...government interference in the private sector. Had GM, for instance, simply been allowed to fail when the issue first came up, there would have been a bankruptcy, and another manufacturer, or manufacturers would have swooped in and bought up the assets for pennies, restructured the businesses, and moved on. For two weeks there would have been a lot of nail biting, stocks would have been depressed, and then recovery would have been well under way by the time the housing bubble burst and the real crash occurred nearly a year later. The economy would have strong enough to absorb the hit without spending nearly two trillion more out of public coffers, which created the public panic that virtually halted the economy for more than a year. * * The economy is resilient. It has the ability to right itself after a bubble burst. Had it been allowed to simply do so, as with the crash of the 20's, the economic calamity that followed, like the Great Depression, would have been very short lived before recovery began. History has shown time and again, that economic downturns are short lived except when government interferers. And that the debt soars when the ruling party can't keep its hands to itself. * * So, yes, I'm furious at Bush, as well. He took a well intentioned, and successful Presidency and ran it off the rails. * * But that's not what this discussion is about. * * You know, it's rare that Kevin and I find ourselves on the same side of a political issue, but he's right...both parties are abominations to the Founding Fathers' intentions, these days. * * There are 535 people who can be blamed for the state of the nation. 535 people who have run for office decrying the enormous government waste. The same 535 people who could at anytime put an end to that waste overnight. And yet, they have not. 535 people who have run for office decrying runaway government spending. The same 535 people who could at anytime end that runaway government spending overnight. And yet, they have not. 535 people, every term who have promised campaign after campaign, that there will be improvement in government responsibility, government transparency, and government effiency. The same 535 people, who, every term fail to fulfill those promises, blaming the economy, the deficit, international terrorism, tooth decay and toenail fungus. * * The deficit hasn't been addressed because those 535 people don't WANT it addressed. Because it's a touchstone for their campaigns. End the debt and they lose the issue that gave them their impetus for election. Government waste hasn't been addressed because that money is their pipeline to support in the civil sector. Runaway government spending hasn't been addressed because that money is the source of their power for that 535 people. * * 535 people. That's all it takes to end these ills. 535 people. Each one with the power to change things. * * And yet, they don't. Because they don't want to. * * It could be done overnight. In the dead of night. The same way they hide their efforts from those of us who elect them. But it doesn't happen because those 535 people con't want it to. * * But all of this is not the issue at topic in this discussion. * * The argument that we, The People, must surrender our hard-earned productivity to the Federal Treasury being made by persons who, themselves, exploit every opportunity to avoid their share of taxation is an abomination unto itself. * * And that was the point of this discussion. Peter - there is one issue that this argument, and many others like it, miss entirely - it is the FLOW of money, not the amassing of money, that keeps the economy going. *Pure private enterprise, for all its innovation, tends to amass and concentrate money in specific places; in some cases, like Wall Street or the banks, that amassed money is either given to execs or squandered. *The stimulus packages, OTOH, kept money flowing. *So what if some of it goes to public employees? *Public employees, at the end of the day, are mostly middle- class, mostly typical family people, and spend that money in turn at lots of private commercial stores - whether for clothing, cars, food, washing machines or entertainment of one kind or another. *The private sector gets it back again...but in the meantime, someone's child not gone hungry, sopmeone has not lost his home or been unable to afford health care. It's the flow that matters when the economy is tanking. * *That's exactly right. FLOW matters. But only private sector spending. In the private sector, each dollar spent is turned over to create another dollar and that dollar goes back into the economy. Further, in private sector spending each dollar spent triggers productivity, which increases total domestic product, which increases the value of every other dollar spent. * *Public spending comes from taxation, which is a dollar removed from the economy, lost in bureaucratic fractionalization, and then returned to the economy as a small fraction of it's original value. Like $600 stimulus checks that cost $2500 in man-hours each to produce. $1900 of that is lost to the bureaucratic maze. While $2500 in tax cuts to the same individual will produce far more in economic stimulation than the $600 check when taxation remains high. Because $2500 in tax cuts puts that full $2500 back into the economy, with corresponding productivity. More dollars, and stronger dollars, in the economy * *Public spending, on the other hand does nothing to stimulate the economy because the government is not part of the economy. Government feeds on the economy. But the government produces nothing. A government dollar spent does nothing to stimulate production, so there is no increase in total domestic product, and no increase in the value of the dollar spent. Further, a government dollar spent requires infrastructure support of many more dollars in bureaucratic operating costs, which come from taxation. In the end the dollars spent are a fraction of the massive cost of bureaucracy, and taxation on the dollars put back into the economy are incapable of paying the cost of putting them into the economy. Fewer dollars, and weaker dollars in the economy. * *Public sector spending regardless of volume, increases nothing, stimulates ... read more » I disagree. Public sector is roughly the same as private sector. I work in the public sector, but I spend my money in the private sector. The tax money that does not go into my pocket goes to various places, but they are either to others who ultimately spend it (again in the private sevctor) or it becomes something that somebody can use or enjoy, like a freeway overpass or a public park. Moreover, a good deal of R&D is done as a result of public funds. The money all goes back to someone or something as tangible as if it were the private sector. If nothing else, money spent as stimulus keeps things alive - rather than on a permanent downward spiral - while the rest of the economy stabilizes. Without it, the flow ceases in time of economic drought and lots of even worse things happen. That may be worth nothing to you, but it counts with me. Bruce |
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