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HarryK[_8_]

On 2/20/2011 8:50 PM, wrote:
On Sun, 20 Feb 2011 17:19:05 -0700,
wrote:

On 19/02/2011 12:20 PM, BAR wrote:
In ,
says...
On Sat, 19 Feb 2011 08:11:53 -0800, wrote:

Unemployment benefits are one of the
MOST stimulative things around.
I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.
Look I have money in my left hand. Close your eyes. No open your eyes.
No the money is in my right hand. It is the same money it has just been
moved from one hand to the other. There has been no wealth creation.
There is no new money. There is no increase in the amount of money. It
is all just slight of hand.
Correct. Government can only confiscate it and inefficiently
redistribute it. 100% of government si consumption based. What makes
real money is like a cotton grower. Makes cotton where no cotton
previously existed before. That is a wealth producing job.

Trouble is too many consumers and not enough producers. We pay far too
many to be government and bankers, not enough pay for producers like
growers, miners, etc. Same problem when Rome fell, too many academics,
politicians and parasites on the governments behind. Not enough
producers to support the size of the system.
Incorrect. You don't know how an economy functions. You're an idiot,
and you're worse, you're an uneducated idiot.
Jessie DE Plume, you certainly are making a fool of yourself tonight.

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