Comments:US job cuts last month highest since 1974, unemployment rate rises
Latest comment: 15 years ago by Fephisto
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Don't Listen to Obama! It will be better if we do nothing because the national debt will not be raised. ZV1998 (talk) 22:54, 6 February 2009 (UTC)
- National debt does not work the same as personal debt. National debt is what is borrowed against future economic growth. Shutting down the economy and not spending money on what improves the state of the economy and its future growth would just make it worse. 72.154.53.169 00:46, 7 February 2009 (UTC)
- Because the government can spend money better than 280 million individual actors, huh? Fephisto (talk) 00:31, 9 February 2009 (UTC)
- Actually, yes. Yes government oversight and control is a more powerful force than 280 million people buying bread. That is because government spending is often directed toward fundamental research and development projects that do not show short term profits but bring massive long term benefits. Things like the Hoover dam, the TVA electrification, the interstate highway system, and eventually internet connectivity as e-commerce activities continue to replace less efficient traditional ways of working. Individual spending would not have accomplished any of the historical benefits and can not accomplish the future requirements in the time needed. 72.154.53.169 21:25, 9 February 2009 (UTC)
- You're assuming that people want all the things you've listed more than the money taken from them to purchase for the things you've listed. Which if that were the case, they would've gotten together to make such things anyways. Put in other words, value is subjective, not objective, which precludes the argument that governments can make the necessary argument to determine whether those things you've listed are indeed more valuable than their individual preferences. Fephisto (talk) 14:35, 2 May 2009 (UTC)
- Actually, yes. Yes government oversight and control is a more powerful force than 280 million people buying bread. That is because government spending is often directed toward fundamental research and development projects that do not show short term profits but bring massive long term benefits. Things like the Hoover dam, the TVA electrification, the interstate highway system, and eventually internet connectivity as e-commerce activities continue to replace less efficient traditional ways of working. Individual spending would not have accomplished any of the historical benefits and can not accomplish the future requirements in the time needed. 72.154.53.169 21:25, 9 February 2009 (UTC)
- Because the government can spend money better than 280 million individual actors, huh? Fephisto (talk) 00:31, 9 February 2009 (UTC)