budget trends capable of destroying country

On 8/31/2010 10:34 PM, snakehawk wrote:
> On Aug 31, 5:18 am, “James Galt” wrote:
>> It was called Republicans acting like Democrats. They need to be purged from
>> the party.
>>
>> In regards to your other comments. If government does all the dole-ing
>> out… where is wealth created?
>
> Wealth is created by working people. To get people working again, it
> is necessary to create demand,

SO you want to “make work” by letting government take money and hand it
out?

> to get money into the hands of the
> consumers. As long as there no demand out there, businesses will
> simply sit on the sidelines and watch, and no one is interested in
> producing anything.

Government stimulus, isn’t what we want to base our business on.
Why would I invest my money to serve a temporary government program?

> In case you haven’t noticed, this is a working man’s recession. The

poor people are always in a recession and rich have enough that they
don’t hurt but are mildly effected.

So working people are the only ones that are moving from poor to rich
and are hit by recession.

> big problem: unemployment. Big Businesses are sitting on some $3
> trillion and doing absolutely nothing.

Scared of Socialism and Obama….

> Big financial houses are fat with cash. The entertainment industry
> and the advertising industry are doing just fine. Rich people are
> getting richer every day.

As I said, they are spending less.

> The problem is the working class have not enjoyed an increase in
> actual buying power for over twenty years. And now they are worried
> about job loss and aren’t spending what they have. They won’t buy
> cars and boats and luxury clothes and they can’t buy homes.

because of BIG government.

>
> Business and industry are capable of producing more whenever they want
> and they have the money to do it, it’s just that right now, few people
> want what they can produce. Why would anyone start producing anything
> if most potential customers are unwilling or unable to buy?

So industry is getting smaller. Yes why would they. But government
is doing fine.

> It is foolish to suppose that the segment holding most of the money
> will graciously release some of it to the consumers to get the country
> moving again–only the government can take steps to get spendable cash
> into the hands of consumers.

You assume that wealth is a fixed size pie and doesn’t grow or shrink.

Consumers that earn their money, are working and creating wealth.
Consumers that are given money by redistribution don’t work and didn’t
create wealth and they are useless.