Lakhota
Diamond Member
- Thread starter
- #101
Money in the private sector that is invested in one business takes money away from any other business that might have wanted/needed that investment. What's the difference?
Get it?
You obviously have never taken a course in economics. You are very ignorant on the subject.
Government expenditures are very inefficient uses of earned money due to the political nature of determining how the money is being spent. Private businesses have to spend the money in an efficient manner or they go out of business.
A great example of that is General Motors. That company wasn't worth shit and turned out a product that very few people wanted. In steps that turdbrain Obama who gives them billions of taxpayer's dollars in order to pay back the filthy ass inefficient UAW for the campaign contributions he got from them. The billions of dollars that was given away could have been used to buy good and services that the taxpayers wanted. Instead it went to inefficient shitheads that couldn't make a profit on their own. Jobs were "saved" but at a great cost that exceed what the the more efficient private industry would have produced with the same amount of money.
U.S. government says it lost 11.2 billion on GM bailout Reuters
U.S. government says it lost $11.2 billion on GM bailout
When the government spends money on a tank or M-16 it doesn't produce a commodity that is useful to the people that had to give up money in order to fund the commodity. It is necessary because of the nature of defense but it takes money out of the productive economy.
When a shithead bureaucrat uses taxpayer's money to fund a bridge to nowhere or give money to a foreign country or subsidize bloated union wages, gives welfare or gives money to Solundra they have taken money out of the productive economy and introduced a significant loss.
You really need to take a course in economics so you don't look like a fool when you post on an internet discussion forum. It is embarrassing to have to educate you on some very basic economic principles.
So what? The so-called $11.2 billion lost is chump change compared to how the survival of the American auto industry has benefited the American economy. Just imagine if the government had allowed GM to die - which would have had a far-reaching negative economic impact beyond just GM. Don't you people ever think outside your partisan bubble?
Think about "Opportunity Costs"...