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latest user's comments
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#72 - doctorprofessornv (11/20/2014) [-]
Like I said, the issue is that government cannot create additional wealth. Government gets 100% of its resources from the private sector, so to fund anything it must take from someone else. They might be creating jobs, but the economy isn't actually growing because the wealth was only taken out and put back in another context (redistribution). More often than not this redistribution interferes with natural market forces that would have allocated the resources more efficiently, and thus you end up with a net loss on the total economy.
#73 - Deeticky (11/20/2014) [-]
You say that in order to fund anything, the government "must take from someone else". Is that not true of the private sector as well? If they don't take their money from someone else, then where does it come form?
Also, to reiterate, government jobs, just like private sector jobs, do help to grow the economy, because they put money into the hands of more people. When more people have money, more people can spend money. Because more people are spending money, more businesses can afford to expand and hire more employees, thereby growing the economy.
Also, I have to ask. I hear this idea of "natural market forces" all the time, but nobody has thus far been able to explain what that means. After all, because human beings choose to give money an artificial value, aren't markets and economies by definition artificial as well? Unless you're just referring to unregulated capitalism? We've seen already that unregulated capitalism does not work. Just look at the turn of the 20th century, with child-labor, a poverty rate of around 50%, sweatshops, pollution, and an extremely uneven distribution of wealth.
The key, my friend, is finding the proper balance between government regulation, public programs, and the private sector. That's something I think we're all still working on.
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