Why can't Leftists see that the dollar they want to take from me?

Question

to funnel through a bureaucratic system and give, six months later, 25 cents on the dollar to some guy who lost his job in the widget factory........

I would have spent on a widget, invested in the widget company, or at least deposited in the bank that provides the widget company a line of credit, and the widget factory would not only have cut back the second shift but started a third?

We've had this debate, we've tried it both ways, and the results are clear - - - when we do it their way we get double digit unemployment AND inflation, and when we do it our way we get low unemployment and low inflation even at the peak of the interest rate cycle.

Are people better off with a meagre handout in a poor economy or a job in a strong one?

You can't have it both ways.

And how on earth does this question violate community standards???? The way the economy works, that's a violation????

"All those jobs are in asia now?" Really, then the WSJ, Barron's, they have it all wrong..... Hmmmm and that 4.6% unemployment figure...... Hmmmmmm......

Um Chi Guy, we do need to cut spending - or at least freeze it. But tax RATE cuts have produced HIGHER tax revenue - tax revenue is increasing at 4 times the rate of inflation. Tax policy is just FINE.

Jim W. financial divide????? Ah, right, the "gaps" - among groups all of whose incomes are rising, beween experienced workers and entry-level workers...... miscast by liars like Krugman and Dobbs as permanent classes.......

http://www.nytimes.com/specials/downsize/21cox.html
http://www.bls.gov/opub/mlr/1988/05/art1full.pdf
http://www.frbsf.org/econrsrch/wklyltr/el97-07.html#winners
http://www.dallasfed.org/fed/annual/1999p/ar95.html
http://money.cnn.com/2005/05/25/pf/record_millionaires/index.htm?cnn=yes
http://money.cnn.com/2005/09/28/news/economy/millionaire_survey/index.htm?cnn=yes
http://money.cnn.com/2006/03/28/news/economy/millionaires/?cnn=yes
http://www.heritage.org/Research/Labor/bg1773.cfm
http://www.msnbc.msn.com/id/6214022/site/newsweek/

Answer 1

I thought I saw you ask this question before. They want us poor, stupid, sick, and un-informed.

Answer 2

Disclaimer: I'm a fiscal and governmental conservative.

However, as the answerer above me pointed out, Private Equity is now buying out all the great American corporations (Chrysler, Lucent, Alltel, First Data), and eliminating (or shipping overseas) all those good jobs. Great for the short-term...it increases the assets on the balance sheet. Bad for America, because all those former workers are going to be receiving some kind of assistance, or at the very least, they're going to have much less spending power, which will negatively affect the balance sheets of all the corporations the former workers used to do business with.

Answer 3

The results aren't clear, and free market capitalism doesn't work that way. No matter the investment of individuals, there always needs to be a safety net for people who lose their jobs. Technology changes- what is a staple product one day is not the next day. Not because the company isn't doing a good enough job or mismanaging their facilities, but because some technological breakthrough takes away their business. The only thing to do is change and move on, or become a dinosaur in the dust.

I don't want to take your dollar, I want to give my dollar to someone who needs it, who could be myself one day, or even you one day. People on the left just feel we as Americans owe it to one another. The sense that we are all in the same boat does not exist for those on the right-wing, and the left only sees their tax beliefs as selfish and callous.

Answer 4

We've ALWAYS done it your way- because even when it's NOT 100% your way, YOUR people are doing things like the Medicare prescription drug plan, which are DESIGNED to bankrupt the social safety net of our country! WE believe in pooling our resources to make things better for everyone, you believe in stealing what you can from the pool. GREEDY jerks like YOU are the problem, NOT the solution. And how many widgets have you invested in this week? I'm betting 0. And any you considered were probably manufactured in CHINA, with parts from THAILAND, packaged in MEXICO, and the ONLY American that would've benefited would've been some fat-cat CEO making the AVERAGE CEO wage- that is, over 200 times what the people who made the products earn.

Answer 5

The handout the government will give me will never be as good as the money I earned. It just can't be. More money in the business sector means expansion, which more jobs an cheaper prices, more jobs means more healthcare coverage, more expendable income, which means more money going to buy goods from businesses, which means more production,etc. etc. It's a big cycle that will be dampened down by government taking expendable money from people and handing out low quality healthcare which you'll have to wait 3 months to see a doctor with because every hypochondriac will going to the doctor for a hangnail.

Answer 6

While I disagree with your post for several reasons which I won't go into, I'll get into a fistfight with anyone flagging this for a violation of rules. There's nothing wrong with this post! It's a legitimate question concerning economic philosophy! People, if you don't like someone's post, reply and give your reasons! Trying to get people in trouble is petty and stupid. Last time I checked, Yahoo! was an American company, and by golly, I still believe in the First Amendment! Keep on speaking your mind, my disagreeable conservative brother!

Edit: See what happens when you defend freedom of speech? Thumbs down on YA. Bah! Clearly the thumbs down person is too cowardly to criticize me in a posting... sad, actually.

Answer 7

It is not the lefist that is taking the dollar away from you. It's all politicians in general. You think the current administration has done a better job making a smaller government? This administration has a deficit that has broken records with their excuberant spending.
Both political extremes are going to take that dollar, just spend it differently.

Answer 8

except for you would invest it in the widget factory in China or Mexico.. not in the US.

Republican economics are like Communism... a Wonderful Idea that relies on the inherent goodness of people to come to fruition.... the downside for you guys is that Capitalism relies in the killer instinct of people to drive the system.

Relying on peoples good side (in this case on them reinvesting in America..even though it is more expensive and won't have as big or quick of a turnaround) just doesn't work.

Answer 9

would you still have invested in the widget company if they manufactured sex toys?

if you want to rid america of poor people in need of assistance, then someone needs to provide them with a better education. that way they can actually get jobs and provide for themselves and their families so that we don't have to. i'm not very conservative but welfare bugs the hell out of me. some people actually need it to temporarily sustain themselves while in a slump but some people abuse it so they don't have to work. have you ever tried to get assistance before for something- food stamps, childcare, student loans? they don't make it very easy.

Answer 10

Well we have spent close to a trillion on this war. Ah, this money is not coming out of your pocket? Fascists are all alike, they just love to see people suffer!

Answer 11

The same reason that neo-cons can't see the importance of paying down the debt to strengthen the US dollar. First stop spending like a drunken sailor, then cut taxes. Neo-cons want to have it both ways and care less about the consequences.