WinterBorn
Diamond Member
- Moderator
- #1,501
LOL. did you miss the positive multiplier effect?nobody takes the right wing seriously about economics. frivolous stories is all they have.Only because you understand nothing about economics. Simply circulating money is doing something under Capitalism.Yes, it is about voluntary transactions. And forced taking of money from the person who earned it and giving it to one who does no work and provides nothing in return.
You talk of mutually beneficial trade. But someone has to give up earned money so you can have luxuries, while you provide nothing.
Yeah, you want to make that the case. But when you use the govt to take the money and give it away, you lose value.
And since you produce nothing and provide no service, you are simply a taker. Taking $100 and circulating $75 is not good for the market. Having $100 and circulating $100 is good for the market. You have no right to the earnings of another.
Definition of multiplier effect | Dictionary.com
Yes, the multiplier effect. Here is the definition you posted the link to:
"An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent. For example, if a corporation builds a factory, it will employ construction workers and their suppliers as well as those who work in the factory. Indirectly, the new factory will stimulate employment in laundries, restaurants, and service industries in the factory's vicinity."
But all of those multipier effects involve people spending and working. And the gov't does not operate in a vacuum. It costs to take money from all those people, combine it, separate it out and give it to those who need it. So if you take $100, you do not have $100 being multiplied. So if the money is not taken, but left in the hands of those who earned it, the multiplier effect is much greater.
And the money taken in taxes should only be given to those who need it. Not those who refuse to work because they are not happy working.
Why are you entitled to an inccome without working, when others have to work to provide it for you?
Did you miss my entire post? To tax and redistribute the money costs money. So less gets used in the multiplier effect. Having $100 in the multiplier is better than having $75 in the multiplier effect.
And again, taking tax dollar for those who need it is one thing. Taking tax money for those who just want it for luxuries is completely different.
Why are you entitled to an inccome without working, when others have to work to provide it for you?