Comments on: The Fallacy of Stimulus Spending http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/ Fri, 10 Feb 2012 22:29:33 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Chivalry Is Dead http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-295152 Chivalry Is Dead Fri, 08 Apr 2011 23:23:03 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-295152 [...] have been making the argument that one can’t spend their way to prosperity and the Fallacy of Obamanomics would have negative consequences and not achieve the results [...] [...] have been making the argument that one can’t spend their way to prosperity and the Fallacy of Obamanomics would have negative consequences and not achieve the results [...]

]]> By: David, in Florida http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-40954 David, in Florida Wed, 08 Jul 2009 05:38:05 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-40954 I've got an answer for you and will send once I get it written for people to understand. The U.S. Government is doing this on purpose. They work trade agreements with other Countries and since the U.S. dollar is the Worlds most widely traded currency, they will print more of it and bully other nations to invest in the U.S. Treasury. They cut deals. You put so many billion in my Country's Treasury, I'll allow unfair trade with your country to sell products to our citizens. I've got an answer for you and will send once I get it written for people to understand. The U.S. Government is doing this on purpose. They work trade agreements with other Countries and since the U.S. dollar is the Worlds most widely traded currency, they will print more of it and bully other nations to invest in the U.S. Treasury. They cut deals. You put so many billion in my Country's Treasury, I'll allow unfair trade with your country to sell products to our citizens.

]]> By: Angry Dumbo http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-40942 Angry Dumbo Tue, 07 Jul 2009 23:25:34 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-40942 They never learn. They never learn.

]]> By: Jeanne Upset America http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-18967 Jeanne Upset America Mon, 23 Feb 2009 20:59:17 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-18967 How can anyone believe that our "government" is capable of fixing any of this mess? They are the ones that allowed it to happen. The politicans on the hill over the last 4-5 years allowed the lobbyist from the banking industry to persuade them to change or relax lending laws, etc. Why would the american citizens allow these people to have more control over what they messed up in the first place? Personally, I believe that if the Feds want to give away OUR hard earned money, they just need to give it to us legal, citizens. I believe an email stated that they could give every legal citizen in the US from the age of 18 to 75, $270,000.00 with what the Feds have "spent" trying to fix the meltdown. Now don't you think that giving us this kind of money would "STIMULATE THE ECONOMY?". People would pay their bills off, pay their mortgages off, buy new homes, buy new cars, TV's, go on vacation etc, etc. etc. This would stimulate the economy wouldn't it. The banks would have more money to loan since people would be catching up if not paying off their loans on their homes and cars or whatever.. The government can't fix anything. They would throw the baby out with the dirty bath water if you didn't watch them. Remember folks, OUR GOVERNMENT IS THE REAL REASON WE ARE IN THIS MESS IN THE FIRST PLACE. Do you really think any of them can fix it. Heck it appears that a lot of them don't, won't or can't even pay their own taxes. Doesn't this wake you people up? Now next on the democrats agenda is trying to "steal the fifth amendment" and to control what and who gets to talk on the radio and tv's. Heaven help us all!! How can anyone believe that our "government" is capable of fixing any of this mess? They are the ones that allowed it to happen. The politicans on the hill over the last 4-5 years allowed the lobbyist from the banking industry to persuade them to change or relax lending laws, etc. Why would the american citizens allow these people to have more control over what they messed up in the first place? Personally, I believe that if the Feds want to give away OUR hard earned money, they just need to give it to us legal, citizens. I believe an email stated that they could give every legal citizen in the US from the age of 18 to 75, $270,000.00 with what the Feds have "spent" trying to fix the meltdown. Now don't you think that giving us this kind of money would "STIMULATE THE ECONOMY?". People would pay their bills off, pay their mortgages off, buy new homes, buy new cars, TV's, go on vacation etc, etc. etc. This would stimulate the economy wouldn't it. The banks would have more money to loan since people would be catching up if not paying off their loans on their homes and cars or whatever..

The government can't fix anything. They would throw the baby out with the dirty bath water if you didn't watch them. Remember folks, OUR GOVERNMENT IS THE REAL REASON WE ARE IN THIS MESS IN THE FIRST PLACE. Do you really think any of them can fix it. Heck it appears that a lot of them don't, won't or can't even pay their own taxes. Doesn't this wake you people up? Now next on the democrats agenda is trying to "steal the fifth amendment" and to control what and who gets to talk on the radio and tv's. Heaven help us all!!

]]> By: Wayne Brackett, Alab http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-18963 Wayne Brackett, Alab Mon, 23 Feb 2009 20:41:58 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-18963 Queen-Pelosi, King-Reed, Jester-Obama Even a half wit knows better than this! Queen-Pelosi, King-Reed, Jester-Obama

Even a half wit knows better than this!

]]> By: Barb -mn http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16247 Barb -mn Thu, 05 Feb 2009 03:26:02 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16247 Robert, They must have been abused as children. Government dependents. They only comprehend the narrow minded thinking. Their parents must not have given them the upbringing of personal responsibilities so they take ours. It's all a part of the agenda. And to add to the mix A GOVERNMENT SPENDING SPREE! Robert,
They must have been abused as children. Government dependents. They only comprehend the narrow minded thinking. Their parents must not have given them the upbringing of personal responsibilities so they take ours.

It’s all a part of the agenda. And to add to the mix A GOVERNMENT SPENDING SPREE!

]]> By: Jamie Rio Martinez http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16266 Jamie Rio Martinez Thu, 05 Feb 2009 03:15:49 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16266 This bucket of pork will do nothing but drive our economy into a deeper hole. We cannot spend ourselves out of this problem. Cutting taxes will help. Let's start there. This bucket of pork will do nothing but drive our economy into a deeper hole. We cannot spend ourselves out of this problem.

Cutting taxes will help. Let's start there.

]]> By: Robert, UT http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16182 Robert, UT Wed, 04 Feb 2009 21:54:52 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-16182 How come we seem to be the only ones that understand that "stimulus packages" don't work? Why doesn't the government get it? How come we seem to be the only ones that understand that “stimulus packages” don’t work? Why doesn’t the government get it?

]]> By: Mike Sheahen, Hickory, NC http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-15910 Mike Sheahen, Hickory, NC Mon, 02 Feb 2009 23:03:45 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-15910 To see the diabolical government elitist fallacy of so-called "stimulus (government) spending", consider, for example, the revealing inconsistency of the Left's "Holy Man" of so-called "stimulus (government) spending", J.M. Keynes (as in “Keynesian Economics”), in his having to somehow allow that such government spending is not a good idea, and is thus of course undesirable, yet he tried to make it miraculously become both a good idea and desirable in case of any so-called "economic downturn", if government did such spending instead of anyone else. If such inconsistency doesn't help expose the diabolical government elitist fallacy of so-called "(government) stimulus spending", then considering how such spending is declared “immoral”, and even punished, including by government, as "a crime" when individuals, families, and businesses do it, and yet it’s lauded and even insisted upon as “the thing to do” when government does it, certainly should help expose the diabolical government elitist fallacy of it. Indeed when individuals and most businesses engage in such spending and accounting trickery, the only thing which beats them to bankruptcy and being hauled into court on criminal charges, and into prison, is the IRS to them, and the headlights on their ride to prison! To see the diabolical government elitist fallacy of so-called “stimulus (government) spending”, consider, for example, the revealing inconsistency of the Left’s “Holy Man” of so-called “stimulus (government) spending”, J.M. Keynes (as in “Keynesian Economics”), in his having to somehow allow that such government spending is not a good idea, and is thus of course undesirable, yet he tried to make it miraculously become both a good idea and desirable in case of any so-called “economic downturn”, if government did such spending instead of anyone else.

If such inconsistency doesn’t help expose the diabolical government elitist fallacy of so-called “(government) stimulus spending”, then considering how such spending is declared “immoral”, and even punished, including by government, as “a crime” when individuals, families, and businesses do it, and yet it’s lauded and even insisted upon as “the thing to do” when government does it, certainly should help expose the diabolical government elitist fallacy of it.

Indeed when individuals and most businesses engage in such spending and accounting trickery, the only thing which beats them to bankruptcy and being hauled into court on criminal charges, and into prison, is the IRS to them, and the headlights on their ride to prison!

]]> By: Casey, Texas http://blog.heritage.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-14741 Casey, Texas Tue, 27 Jan 2009 04:21:43 +0000 http://www.foundry.org/2009/01/23/the-fallacy-of-stimulus-spending/#comment-14741 Phil, When you wrote, "I detest frivolous wasteful government spending, but it’s hard to feel good about, much less defend, the refusal to authorize taxation to give poor people the money they need to live". I think you have stumbled upon one of the great differences between conservatives and liberals. I do not believe the governments role is to "give" the money to poor people to live, at least not as far as the Constitution is concerned. Isn't there a fable somewhere that goes: "If you give a man a fish you feed him for a day, if you teach a man to fish, you feed him for life"? There will never be equality in wealth anywhere in the world in my opinion. You cannot take the bottom and raise them up to create equality, because some people simply won't be made better. They lack the motivation to do so, and giving them things only entrenches that behavior further. The only way one might attempt equality is to make everyone equally less. The current education system is a perfect example of that. To me it is not compassion to give someone just enough to get by, all the while promising more "gifts" to help them. That is modern day slavery. Those people and their thoughts are now bound to the person who controls the purse strings of their meager existence. They can now be manipulated by a politician who either promises more or tells them the other guy wants to take away what little they have. A person can get accustomed to almost any income level and stop pushing, striving and being productive. If I make just enough to get by and don't have to deal with work and all of the challenges related to it, why would I take a job making little more than I get for sitting at home? I am a very motivated person, but obviously not everyone is. How come we never get to 100% employment? Because there are just some people who aren't willing to expend the effort. Finally, if you look at charities and compare it to government, the amount of money spent to administer the funds is exponentially greater in government than in charities. If I give a dollar to charity, on avg. over 90 cents will get to the cause I believe in. On the other hand, if the government takes a dollar from me to give to the poor, less than 60 cents of it will get to the poor. This is not an efficient way to help people in need. The avg. US citizen gives more than twice as much to charity as the avg. EU citizen. If the government didn't TAKE those dollars, I have to believe based on the numbers that even more would be donated. Hope this helps. Phil,

When you wrote, "I detest frivolous wasteful government spending, but it’s hard to feel good about, much less defend, the refusal to authorize taxation to give poor people the money they need to live". I think you have stumbled upon one of the great differences between conservatives and liberals. I do not believe the governments role is to "give" the money to poor people to live, at least not as far as the Constitution is concerned.

Isn't there a fable somewhere that goes: "If you give a man a fish you feed him for a day, if you teach a man to fish, you feed him for life"? There will never be equality in wealth anywhere in the world in my opinion. You cannot take the bottom and raise them up to create equality, because some people simply won't be made better. They lack the motivation to do so, and giving them things only entrenches that behavior further. The only way one might attempt equality is to make everyone equally less. The current education system is a perfect example of that.

To me it is not compassion to give someone just enough to get by, all the while promising more "gifts" to help them. That is modern day slavery. Those people and their thoughts are now bound to the person who controls the purse strings of their meager existence. They can now be manipulated by a politician who either promises more or tells them the other guy wants to take away what little they have. A person can get accustomed to almost any income level and stop pushing, striving and being productive. If I make just enough to get by and don't have to deal with work and all of the challenges related to it, why would I take a job making little more than I get for sitting at home? I am a very motivated person, but obviously not everyone is. How come we never get to 100% employment? Because there are just some people who aren't willing to expend the effort.

Finally, if you look at charities and compare it to government, the amount of money spent to administer the funds is exponentially greater in government than in charities. If I give a dollar to charity, on avg. over 90 cents will get to the cause I believe in. On the other hand, if the government takes a dollar from me to give to the poor, less than 60 cents of it will get to the poor. This is not an efficient way to help people in need. The avg. US citizen gives more than twice as much to charity as the avg. EU citizen. If the government didn't TAKE those dollars, I have to believe based on the numbers that even more would be donated. Hope this helps.

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