Home › Forums › Financial Markets/Economics › If you get mad easily about Big Government wasting stimulus money…don’t read this…
- This topic has 155 replies, 13 voices, and was last updated 13 years, 9 months ago by
CA renter.
-
AuthorPosts
-
September 20, 2010 at 8:17 AM #607801September 20, 2010 at 2:09 PM #606999
ltokuda
ParticipantAs others have pointed out, it sounds like this article only counts the number of GOVERNMENT jobs that were saved/created by the stimulus. It does not consider the number for PRIVATE SECTOR jobs that may have been saved/created.
The Los Angeles controller who did the audit is just doing his job by limiting the scope of his report to government jobs. It is what it is. But you can’t really draw any conclusions about the overall effectiveness of the stimulus based on that report.
September 20, 2010 at 2:09 PM #607087ltokuda
ParticipantAs others have pointed out, it sounds like this article only counts the number of GOVERNMENT jobs that were saved/created by the stimulus. It does not consider the number for PRIVATE SECTOR jobs that may have been saved/created.
The Los Angeles controller who did the audit is just doing his job by limiting the scope of his report to government jobs. It is what it is. But you can’t really draw any conclusions about the overall effectiveness of the stimulus based on that report.
September 20, 2010 at 2:09 PM #607641ltokuda
ParticipantAs others have pointed out, it sounds like this article only counts the number of GOVERNMENT jobs that were saved/created by the stimulus. It does not consider the number for PRIVATE SECTOR jobs that may have been saved/created.
The Los Angeles controller who did the audit is just doing his job by limiting the scope of his report to government jobs. It is what it is. But you can’t really draw any conclusions about the overall effectiveness of the stimulus based on that report.
September 20, 2010 at 2:09 PM #607750ltokuda
ParticipantAs others have pointed out, it sounds like this article only counts the number of GOVERNMENT jobs that were saved/created by the stimulus. It does not consider the number for PRIVATE SECTOR jobs that may have been saved/created.
The Los Angeles controller who did the audit is just doing his job by limiting the scope of his report to government jobs. It is what it is. But you can’t really draw any conclusions about the overall effectiveness of the stimulus based on that report.
September 20, 2010 at 2:09 PM #608067ltokuda
ParticipantAs others have pointed out, it sounds like this article only counts the number of GOVERNMENT jobs that were saved/created by the stimulus. It does not consider the number for PRIVATE SECTOR jobs that may have been saved/created.
The Los Angeles controller who did the audit is just doing his job by limiting the scope of his report to government jobs. It is what it is. But you can’t really draw any conclusions about the overall effectiveness of the stimulus based on that report.
September 20, 2010 at 6:44 PM #607074gandalf
Participant[quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.
September 20, 2010 at 6:44 PM #607162gandalf
Participant[quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.
September 20, 2010 at 6:44 PM #607717gandalf
Participant[quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.
September 20, 2010 at 6:44 PM #607825gandalf
Participant[quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.
September 20, 2010 at 6:44 PM #608142gandalf
Participant[quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.
September 21, 2010 at 7:31 AM #607219joec
Participant[quote=gandalf][quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.[/quote]
A lot of hate is directed towards the government because the government collects your tax dollars…
People don’t care if other private companies waste money or pay out big bonuses if they don’t feel they are funding that lifestyle or paying the bill…
Same reason people are annoyed with government bailing out homeowners who ATMed their house.
September 21, 2010 at 7:31 AM #607308joec
Participant[quote=gandalf][quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.[/quote]
A lot of hate is directed towards the government because the government collects your tax dollars…
People don’t care if other private companies waste money or pay out big bonuses if they don’t feel they are funding that lifestyle or paying the bill…
Same reason people are annoyed with government bailing out homeowners who ATMed their house.
September 21, 2010 at 7:31 AM #607862joec
Participant[quote=gandalf][quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.[/quote]
A lot of hate is directed towards the government because the government collects your tax dollars…
People don’t care if other private companies waste money or pay out big bonuses if they don’t feel they are funding that lifestyle or paying the bill…
Same reason people are annoyed with government bailing out homeowners who ATMed their house.
September 21, 2010 at 7:31 AM #607970joec
Participant[quote=gandalf][quote=investor]With your ideals, I agree. The problem is how to incentivise the government workers/ system. If you could make government efficient, the UAW (whom I lump together with government, which you may not agree with) would put out competitive cars wouldn’t they?[/quote]
The ideals are correct but the criticisms here are cliche and misplaced.
Government can, and frequently does, serve a useful purpose. It is not ‘inherently’ bad or wasteful. Governmental organizations are the same as any other organization, a reflection of the people involved.
Let’s be clear. Inefficiency and waste occurs all the time in the private sector. So does collusion, corruption, business failure, bubbles, panics and even market failure. Tremendous inefficiencies.
Look at our INSOLVENT private sector banking industry which, absent meaningful government regulation, gambled away massive amounts of private deposits on ludicrous financial leverage schemes and nearly destroyed our economy.
Yeah, government is the problem. Heard it before. Whatever.[/quote]
A lot of hate is directed towards the government because the government collects your tax dollars…
People don’t care if other private companies waste money or pay out big bonuses if they don’t feel they are funding that lifestyle or paying the bill…
Same reason people are annoyed with government bailing out homeowners who ATMed their house.
-
AuthorPosts
- You must be logged in to reply to this topic.