Home › Forums › Financial Markets/Economics › Job Creation w/o Added Debt, Taxes or Inflation
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December 2, 2008 at 12:11 AM #310544December 2, 2008 at 8:55 AM #310963Carl VeritasParticipant
Where does the Federal government get the money to bail out everyone, foreign wars, foreign
aid, ss, medicare, medicaid etc?Taxes? That is political suicide because you’ll vote them out of office if taxes got high enough. Plus even if 90% of taxes went to government coffers that won’t fund everything.
Debt? You’re getting warmer. Congress has already raised the federal governments debt ceiling to around $9 trillion. The central bank will monetize a chunk
to funnel to the bankers trough their open market operations. The very source of todays housing bust and persistent inflation.The system is automatically programmed to increase the national debt, taxes, and inflation. All that is needed is for us to remain stupid.
A reasonable question–
How can the economy produce jobs without adding to the national debt, taxes, and inflation?
December 2, 2008 at 8:55 AM #310988Carl VeritasParticipantWhere does the Federal government get the money to bail out everyone, foreign wars, foreign
aid, ss, medicare, medicaid etc?Taxes? That is political suicide because you’ll vote them out of office if taxes got high enough. Plus even if 90% of taxes went to government coffers that won’t fund everything.
Debt? You’re getting warmer. Congress has already raised the federal governments debt ceiling to around $9 trillion. The central bank will monetize a chunk
to funnel to the bankers trough their open market operations. The very source of todays housing bust and persistent inflation.The system is automatically programmed to increase the national debt, taxes, and inflation. All that is needed is for us to remain stupid.
A reasonable question–
How can the economy produce jobs without adding to the national debt, taxes, and inflation?
December 2, 2008 at 8:55 AM #311008Carl VeritasParticipantWhere does the Federal government get the money to bail out everyone, foreign wars, foreign
aid, ss, medicare, medicaid etc?Taxes? That is political suicide because you’ll vote them out of office if taxes got high enough. Plus even if 90% of taxes went to government coffers that won’t fund everything.
Debt? You’re getting warmer. Congress has already raised the federal governments debt ceiling to around $9 trillion. The central bank will monetize a chunk
to funnel to the bankers trough their open market operations. The very source of todays housing bust and persistent inflation.The system is automatically programmed to increase the national debt, taxes, and inflation. All that is needed is for us to remain stupid.
A reasonable question–
How can the economy produce jobs without adding to the national debt, taxes, and inflation?
December 2, 2008 at 8:55 AM #310599Carl VeritasParticipantWhere does the Federal government get the money to bail out everyone, foreign wars, foreign
aid, ss, medicare, medicaid etc?Taxes? That is political suicide because you’ll vote them out of office if taxes got high enough. Plus even if 90% of taxes went to government coffers that won’t fund everything.
Debt? You’re getting warmer. Congress has already raised the federal governments debt ceiling to around $9 trillion. The central bank will monetize a chunk
to funnel to the bankers trough their open market operations. The very source of todays housing bust and persistent inflation.The system is automatically programmed to increase the national debt, taxes, and inflation. All that is needed is for us to remain stupid.
A reasonable question–
How can the economy produce jobs without adding to the national debt, taxes, and inflation?
December 2, 2008 at 8:55 AM #311073Carl VeritasParticipantWhere does the Federal government get the money to bail out everyone, foreign wars, foreign
aid, ss, medicare, medicaid etc?Taxes? That is political suicide because you’ll vote them out of office if taxes got high enough. Plus even if 90% of taxes went to government coffers that won’t fund everything.
Debt? You’re getting warmer. Congress has already raised the federal governments debt ceiling to around $9 trillion. The central bank will monetize a chunk
to funnel to the bankers trough their open market operations. The very source of todays housing bust and persistent inflation.The system is automatically programmed to increase the national debt, taxes, and inflation. All that is needed is for us to remain stupid.
A reasonable question–
How can the economy produce jobs without adding to the national debt, taxes, and inflation?
December 2, 2008 at 11:00 AM #310639crParticipant[quote=Bryan]The answer is — Production With Savings.
Government and the private sector both create jobs in our economy.
Though the government does not produce anything.
It can create a job for Paul by taxing Peter first.
Or,
it can rely on the counterfeiter Fed to inflate the money supply to encourage business loans and jobs.But since the question calls for jobs without additional debt, taxes or inflation, government is out on all three counts. But are they?
Not unless we succeed in prying the magic checkbook from it’s tentacles.
Vote to End The Fed, and usher in the Free Market.[/quote]
Your job Gov’t creating scenarios fails to meet your goal of job creation w/o raising taxes or inflation.
The only way what you say would work is if the Gov’t reduced spending in one area and allocated that money to creating jobs.
One way, would be to use all this bailout money to create jobs instead of funding corporate weekends at the spa, but even that falls under the inflation category because it’s borrowed money, so the Gov’t has to spend less on other things. How about their salaries?
How the moon landing proves the gov’t is effcient with money is beyond me, and I’d hardly call the Gov’t payroll efficient.
Bryan is right when he says the Gov’t doesn’t produce anything. They can only raise money by printing it, raising taxes, or borrowing from the future. All of which are here or on the way.
And all of which will do far less to help than lower taxes and reallocating money they currently waste and create jobs.
Here’s some pork to cut, and I’m all for ending the Fed.
December 2, 2008 at 11:00 AM #311001crParticipant[quote=Bryan]The answer is — Production With Savings.
Government and the private sector both create jobs in our economy.
Though the government does not produce anything.
It can create a job for Paul by taxing Peter first.
Or,
it can rely on the counterfeiter Fed to inflate the money supply to encourage business loans and jobs.But since the question calls for jobs without additional debt, taxes or inflation, government is out on all three counts. But are they?
Not unless we succeed in prying the magic checkbook from it’s tentacles.
Vote to End The Fed, and usher in the Free Market.[/quote]
Your job Gov’t creating scenarios fails to meet your goal of job creation w/o raising taxes or inflation.
The only way what you say would work is if the Gov’t reduced spending in one area and allocated that money to creating jobs.
One way, would be to use all this bailout money to create jobs instead of funding corporate weekends at the spa, but even that falls under the inflation category because it’s borrowed money, so the Gov’t has to spend less on other things. How about their salaries?
How the moon landing proves the gov’t is effcient with money is beyond me, and I’d hardly call the Gov’t payroll efficient.
Bryan is right when he says the Gov’t doesn’t produce anything. They can only raise money by printing it, raising taxes, or borrowing from the future. All of which are here or on the way.
And all of which will do far less to help than lower taxes and reallocating money they currently waste and create jobs.
Here’s some pork to cut, and I’m all for ending the Fed.
December 2, 2008 at 11:00 AM #311112crParticipant[quote=Bryan]The answer is — Production With Savings.
Government and the private sector both create jobs in our economy.
Though the government does not produce anything.
It can create a job for Paul by taxing Peter first.
Or,
it can rely on the counterfeiter Fed to inflate the money supply to encourage business loans and jobs.But since the question calls for jobs without additional debt, taxes or inflation, government is out on all three counts. But are they?
Not unless we succeed in prying the magic checkbook from it’s tentacles.
Vote to End The Fed, and usher in the Free Market.[/quote]
Your job Gov’t creating scenarios fails to meet your goal of job creation w/o raising taxes or inflation.
The only way what you say would work is if the Gov’t reduced spending in one area and allocated that money to creating jobs.
One way, would be to use all this bailout money to create jobs instead of funding corporate weekends at the spa, but even that falls under the inflation category because it’s borrowed money, so the Gov’t has to spend less on other things. How about their salaries?
How the moon landing proves the gov’t is effcient with money is beyond me, and I’d hardly call the Gov’t payroll efficient.
Bryan is right when he says the Gov’t doesn’t produce anything. They can only raise money by printing it, raising taxes, or borrowing from the future. All of which are here or on the way.
And all of which will do far less to help than lower taxes and reallocating money they currently waste and create jobs.
Here’s some pork to cut, and I’m all for ending the Fed.
December 2, 2008 at 11:00 AM #311027crParticipant[quote=Bryan]The answer is — Production With Savings.
Government and the private sector both create jobs in our economy.
Though the government does not produce anything.
It can create a job for Paul by taxing Peter first.
Or,
it can rely on the counterfeiter Fed to inflate the money supply to encourage business loans and jobs.But since the question calls for jobs without additional debt, taxes or inflation, government is out on all three counts. But are they?
Not unless we succeed in prying the magic checkbook from it’s tentacles.
Vote to End The Fed, and usher in the Free Market.[/quote]
Your job Gov’t creating scenarios fails to meet your goal of job creation w/o raising taxes or inflation.
The only way what you say would work is if the Gov’t reduced spending in one area and allocated that money to creating jobs.
One way, would be to use all this bailout money to create jobs instead of funding corporate weekends at the spa, but even that falls under the inflation category because it’s borrowed money, so the Gov’t has to spend less on other things. How about their salaries?
How the moon landing proves the gov’t is effcient with money is beyond me, and I’d hardly call the Gov’t payroll efficient.
Bryan is right when he says the Gov’t doesn’t produce anything. They can only raise money by printing it, raising taxes, or borrowing from the future. All of which are here or on the way.
And all of which will do far less to help than lower taxes and reallocating money they currently waste and create jobs.
Here’s some pork to cut, and I’m all for ending the Fed.
December 2, 2008 at 11:00 AM #311046crParticipant[quote=Bryan]The answer is — Production With Savings.
Government and the private sector both create jobs in our economy.
Though the government does not produce anything.
It can create a job for Paul by taxing Peter first.
Or,
it can rely on the counterfeiter Fed to inflate the money supply to encourage business loans and jobs.But since the question calls for jobs without additional debt, taxes or inflation, government is out on all three counts. But are they?
Not unless we succeed in prying the magic checkbook from it’s tentacles.
Vote to End The Fed, and usher in the Free Market.[/quote]
Your job Gov’t creating scenarios fails to meet your goal of job creation w/o raising taxes or inflation.
The only way what you say would work is if the Gov’t reduced spending in one area and allocated that money to creating jobs.
One way, would be to use all this bailout money to create jobs instead of funding corporate weekends at the spa, but even that falls under the inflation category because it’s borrowed money, so the Gov’t has to spend less on other things. How about their salaries?
How the moon landing proves the gov’t is effcient with money is beyond me, and I’d hardly call the Gov’t payroll efficient.
Bryan is right when he says the Gov’t doesn’t produce anything. They can only raise money by printing it, raising taxes, or borrowing from the future. All of which are here or on the way.
And all of which will do far less to help than lower taxes and reallocating money they currently waste and create jobs.
Here’s some pork to cut, and I’m all for ending the Fed.
December 2, 2008 at 1:34 PM #311029kewpParticipantHow about just moving subsidies around?
For example, only subsidize organic farming. Organic farming is less efficient than conventional farming and would take more work to generate the same amount of product.
December 2, 2008 at 1:34 PM #311142kewpParticipantHow about just moving subsidies around?
For example, only subsidize organic farming. Organic farming is less efficient than conventional farming and would take more work to generate the same amount of product.
December 2, 2008 at 1:34 PM #311075kewpParticipantHow about just moving subsidies around?
For example, only subsidize organic farming. Organic farming is less efficient than conventional farming and would take more work to generate the same amount of product.
December 2, 2008 at 1:34 PM #311057kewpParticipantHow about just moving subsidies around?
For example, only subsidize organic farming. Organic farming is less efficient than conventional farming and would take more work to generate the same amount of product.
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