Nosmo King
Gold Member
Engaging in business is circulating money through the economy! When anyone buys something, there is an EXCHANGE OF CAPITAL which means that money is circulating. When the money is simply held or divvied up so the fattest chunk goes to a very small minority, or when that money is sent overseas, it no longer makes for economic growth. It only results in stagnation.Folks in construction, engineering and transportation tend to disagree. New infrastructure means new jobs. Someone has to design and build it and once it's built, infrastructure plays a key role in development.Entreprenuers, corporations, small businesses, etc. Not government. Government doesn't create jobs, they buy them with our money.
And if the very well capitalized private sector refuses to pump that money back into America, the government has to.
The question is: if the private sector is holding so much capital, why aren't they circulating in through our economy?
Remind me how refurbishing unused train stations and building airports no one uses play a key role in the economy.
The role of the private sector is not to "circulate money through the economy" (whatever the hell that means). It is to engage in profitable business. This isnt happening due to gov't policies of increased taxes and regulation.