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  • September 28, 2010 at 7:15 AM #18001
    BigGovernmentIsGood
    Participant

    There is a myth out there that has been pushed by arch conservatives ever since the days of The Gimper. The myth is that private spending is better than government spending.

    It makes for a great sound bite, but isn’t true. In reality, government spending is much more beneficial to society than private spending. The private sector has brought us travesties like the trillion-dollar ecological disaster in the Gulf of Mexico, derivatives and a housing bubble that led to a multi-trillion dollar bailout, Enron, fracked water wells, the Exxon Valdez, genetically-modified organisms contaminating a large swath of the food supply and Bernie Madoff.

    In contrast to all the negativity wrought by the private sector, government spending brings us many great things such as roads, bridges, schools, social security, Medicare, food stamps, man on the moon, government-supported research which leads to the creation of solar power and other alternative energy sources, and national parks.

    If you want to learn more about how the private sector is destroying our food supply by introducing genetically-modified organisms which are uncontrollable and have unpredictable effects, check out this site:

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    September 28, 2010 at 7:29 AM #609944
    (former)FormerSanDiegan
    Participant

    The fundamental flaw in your point is that 100% of Government income comes from taxation of private spending.

    Without private spending, government spending does not exist.

    Your comment makes as much sense as dessert is better than the main course. It might tast better to some people. But one cannot live in good health very long by eating only dessert.

    September 28, 2010 at 7:29 AM #610030
    (former)FormerSanDiegan
    Participant

    The fundamental flaw in your point is that 100% of Government income comes from taxation of private spending.

    Without private spending, government spending does not exist.

    Your comment makes as much sense as dessert is better than the main course. It might tast better to some people. But one cannot live in good health very long by eating only dessert.

    September 28, 2010 at 7:29 AM #610578
    (former)FormerSanDiegan
    Participant

    The fundamental flaw in your point is that 100% of Government income comes from taxation of private spending.

    Without private spending, government spending does not exist.

    Your comment makes as much sense as dessert is better than the main course. It might tast better to some people. But one cannot live in good health very long by eating only dessert.

    September 28, 2010 at 7:29 AM #610691
    (former)FormerSanDiegan
    Participant

    The fundamental flaw in your point is that 100% of Government income comes from taxation of private spending.

    Without private spending, government spending does not exist.

    Your comment makes as much sense as dessert is better than the main course. It might tast better to some people. But one cannot live in good health very long by eating only dessert.

    September 28, 2010 at 7:29 AM #611003
    (former)FormerSanDiegan
    Participant

    The fundamental flaw in your point is that 100% of Government income comes from taxation of private spending.

    Without private spending, government spending does not exist.

    Your comment makes as much sense as dessert is better than the main course. It might tast better to some people. But one cannot live in good health very long by eating only dessert.

    September 28, 2010 at 7:58 AM #609954
    scaredyclassic
    Participant

    is that really true? I don’t know. Is the governemnt dependent on spending only from taxation. Looks liek theyc an print and spend as well as tax and spend. Assuming there’s a limited amount of money that can be spent, is the govt necessarily worse at allocating resources than private minds? Lots of people snicker and say of course private people know best. But it may not always be the case. Maybe sometimes the govt is better at spending money.

    September 28, 2010 at 7:58 AM #610040
    scaredyclassic
    Participant

    is that really true? I don’t know. Is the governemnt dependent on spending only from taxation. Looks liek theyc an print and spend as well as tax and spend. Assuming there’s a limited amount of money that can be spent, is the govt necessarily worse at allocating resources than private minds? Lots of people snicker and say of course private people know best. But it may not always be the case. Maybe sometimes the govt is better at spending money.

    September 28, 2010 at 7:58 AM #610588
    scaredyclassic
    Participant

    is that really true? I don’t know. Is the governemnt dependent on spending only from taxation. Looks liek theyc an print and spend as well as tax and spend. Assuming there’s a limited amount of money that can be spent, is the govt necessarily worse at allocating resources than private minds? Lots of people snicker and say of course private people know best. But it may not always be the case. Maybe sometimes the govt is better at spending money.

    September 28, 2010 at 7:58 AM #610701
    scaredyclassic
    Participant

    is that really true? I don’t know. Is the governemnt dependent on spending only from taxation. Looks liek theyc an print and spend as well as tax and spend. Assuming there’s a limited amount of money that can be spent, is the govt necessarily worse at allocating resources than private minds? Lots of people snicker and say of course private people know best. But it may not always be the case. Maybe sometimes the govt is better at spending money.

    September 28, 2010 at 7:58 AM #611013
    scaredyclassic
    Participant

    is that really true? I don’t know. Is the governemnt dependent on spending only from taxation. Looks liek theyc an print and spend as well as tax and spend. Assuming there’s a limited amount of money that can be spent, is the govt necessarily worse at allocating resources than private minds? Lots of people snicker and say of course private people know best. But it may not always be the case. Maybe sometimes the govt is better at spending money.

    September 28, 2010 at 8:55 AM #609984
    jpinpb
    Participant

    Who came first, the chicken or the egg? Taxpayers end up bailing out public corporations. This real estate market is a perfect example. We got screwed by corporations.

    September 28, 2010 at 8:55 AM #610070
    jpinpb
    Participant

    Who came first, the chicken or the egg? Taxpayers end up bailing out public corporations. This real estate market is a perfect example. We got screwed by corporations.

    September 28, 2010 at 8:55 AM #610618
    jpinpb
    Participant

    Who came first, the chicken or the egg? Taxpayers end up bailing out public corporations. This real estate market is a perfect example. We got screwed by corporations.

    September 28, 2010 at 8:55 AM #610731
    jpinpb
    Participant

    Who came first, the chicken or the egg? Taxpayers end up bailing out public corporations. This real estate market is a perfect example. We got screwed by corporations.

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