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Money isn’t printed out of thin air and most of it is invested in programs and policies that multiply benefits in the economy. Why do you clowns always think that defense spending and corporate subsidies create jobs and economic benefits but funds spent on healthcare, education, housing, infrastructure, etc. directly to local governments, hospitals and other medical providers, schools and colleges, institutions, nonprofits, contractors etc., are not as beneficial and in fact are much more efficient contributors to the economy? |
It's not "invested". This is your ideology talking. It's spending money we don't have, so we're creating it out of thin air and devaluing the dollar in the process. Each dollar becomes worth less and therefore goods and services become more expensive. Oh yeah, it's invested alright. Kamala just promised ANOTHER 3 Billion to countries around the world. We're going broke and the White House is throwing around money we don't have everyday for their pet projects.
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| 3 Billion more for "climate change" |
Follow the money. Money spent on beneficial projects and services goes directly into local economies. It provides jobs and adds value to the community. That isn’t what caused inflation. Inflation was global and was worse elsewhere. Inflation was caused by Covid shutting down the global economy for months while Trump’s tariffs were destroying supply chains. |
it's beneficial to you, but apparently no one els,e because it's not getting done unless you CONFISCATE earnings from people by FORCE and impose your will. Got it? Don't tell me I don't understand inflation. Just because you are economically illiterate doesn't mean everyone is. |
? I feel really bad for people like you. You’re happy to have trillions taken from us to fund the war machine but you’re such a silly billy that you think that infrastructure, healthcare, housing and education only benefit that one PP? I mean you sweet confused kitten. So propagandized, so blinkered. |
+1 |
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Goldman Sachs: GOLDMAN: “.. the US consumer remains in relatively strong shape .. [with] an
expectation of 2.75% real income growth, 2-3 million more open jobs than unemployed workers, slowing debt growth, strong balance sheets, continued spending growth, and rising confidence ..” |
Ummm...this is a good thing. It means that the wage/price spiral is slowing down. |
Oh yeah, decreases in jobs and soon to be increases in unemployment will now be spun as being 'positive'. Lol, Bidenomics practitioners get to have it both ways! |
Did you even read the article that you linked to? US job openings pulled back in October to the lowest level since early 2021, underscoring the gradual cooling in the labor market that the Federal Reserve would like to see. Available positions decreased to 8.7 million from a downwardly revised 9.4 million in the prior month, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey showed Tuesday. The figure was below all estimates in a Bloomberg survey of economists and the decline was broad-based across sectors. As the Fed keeps interest rates elevated to bring down inflation, policymakers are hoping the labor market softens through less demand for new workers rather than employers cutting jobs. So far, that’s largely been working: Vacancies have retreated from a peak of 12 million last year and the unemployment rate has stayed historically low, though it’s climbed somewhat in recent months. |
DP...you don't get it. It means we are going to have the soft landing that very few thought could happen and thus, we are getting the job and wage growth without crashing the economy. You know, the DOOOOOOM that everyone called in 2022 that would happen in 2023? You can go back 50 pages in this thread to read about it. |
DP... Yes, it IS invested, and there are numerous studies that show huge returns for government expenditures. Keynesian economic theories have been proven over and over again, whereas the contrary - Austrian School, Laffer Curve et cetera have always broken down and failed when government expenditures are drastically cut. |
When government invests in roads, bridgesm ports and tunnels, it makes it possible for private businesses to ship things to consumers. Further, the people actually fixing the roads and building the bridges get paid. That money goes back into retail, services and investments. Is that not beneficial? When government funds DARPA and the internet is created, new businesses are formed and new opportunities created, and the wealth from those opportunities are many times the value of the original investment. That wealth is part of our GDP. I could go on, but there have been a lot of studies around government investment and the follow on positive impact on an economy. I mean, even businesses like the rules so they can maximize their effort within boundaries. If a business in one state can pollute and have lower cost to produce than another company in a different state, that is a problem. Ergo, having uniform rules across states levels the playing field. But sure, let's just have no rules and have money backed by gold bars.
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