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Old 07-22-2011, 01:21 PM   #1662
sgtclub
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Join Date: Mar 2003
Location: Survivor Island
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Re: this conference call will never end

Quote:
Originally Posted by Tyrone Slothrop View Post

Whether or not the government deploys capital "efficiently," that capital stimulates the economy. If it takes three bureaucrats to process the paperwork for a construction loan, and those are three bureaucrats who otherwise wouldn't have jobs (if they would then that's not a cost), then you have three more people working, receiving a paycheck, and spending money on things. (Hank understands this, so he's trying to be difficult by imagining that government stimulus disappears into bank accounts of Democratics fatcats, never to be spent, except he then forgot that he understands this and started imagining that they spend it on Opus, which also would stimulate the economy.)
Yes, but at what cost? That is the question that the left never asks or answers.

Quote:
Most Republicans are very happy not to stimulate the economy because they don't want to see Obama get a legislative victory, and they have a fundamental philosophical objection to anything the government does that doesn't involve putting people in prison or killing people in foreign countries. If people are unemployed, it's their fault for losing a job. But they know that this doesn't go over well, so they contrive economic theories to explain why those are the best outcomes.
This is hogwash at every level. Forget about patriotism and just doing the right thing. Most members (other than the ultra safe districts) of congress are more vulnerable the worse the economy is. We have seen massive shifts in congress over the last 6 years because of this.
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