hblask, on Monday, August 30th, 2010, 6:56 PM, said:
hblask, on Monday, August 30th, 2010, 6:58 PM, said:
Please present a complete theory how taking money from the productive sector and transferring to the politically connected, lobbyists, and unions can improve the economy. I've asked many people many times, and nobody can offer a plausible theory.
The Stimulus bill, which I was talking about, didn't take money from the productive sector of today, which is the point I was making. I'm not sure what your rebuttal is rebutting.And I don't need to make a complete "theory" for several reasons. One, there is no such thing as a complete economic theory. One has never existed and one will never exist. There are models, and every model has errors. Some are more accurate than others.Besides, why do I need to make a theory when I can instead produce concrete evidence that taking money from the rich as a higher proportion can produce an economically strong country. See, for example: America, United States of, 1776 -> present. For further evidence, see: Europe, countries of -> ~ 1800's to present.Also, I have chosen to ignore the "politically connected, lobbyists, and unions" part of your comment on the grounds that it's silly.
hblask, on Monday, August 30th, 2010, 7:02 PM, said:
Within 10 miles of my house, two roads were completely torn out and repaved, using stimulus dollars. They were in perfect shape before the project, and in the same shape two months later. No lanes or capacity were added, no change in traffic flow.For our next benefit, we are going to dig holes and fill them back in. That's the recipe for real economic growth.Oh, and less than 7% of the stimulus went toward anything that can even plausibly called infrastructure, even by the deluded standards of this administration.
Oh my god, one example that you are sure is a waste because you looked at it! Besides, even if the government were digging holes and filling them in, that can still have an economic benefit. I know you'll disagree and say that it's part of your fundamental theory, but you'd be wrong. For example, the biggest turn around in American history came as a result of America paying a lot of people to build big machines to dig holes and fill them back in and then destroying those machines.I mean, for a person who always says, "evidence matters," sometimes you choose to live in a world very different from the real one.