How do we grow our economy once we cease to have any growth in the population?
You can grow our consumption to increase our living standards.
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How do we grow our economy once we cease to have any growth in the population?
Basic economics has no ideology.
Saying that there is a "pie" presumes that wealth is finite and there should be someone, automatically presumed smarter than everyone else, doing the "divvying"...This flies in the face of even Keynesian voodoo economics.
That's the reality, Scooter.
One of the few rare and smart posts by you..
Saying that there is a "pie" presumes that wealth is finite ....
isn't wealth ='s $$$ - or do the wealthy print their own money ? or in Oddball's case dig for "more" gold, that is infinite.
Is it like some wild stretch of the imagination to the liberal mind that the government is a consumer of goods and services...competing with all the other consumers...
This is not rocket science.
One of the few rare and smart posts by you..
Saying that there is a "pie" presumes that wealth is finite ....
isn't wealth ='s $$$ - or do the wealthy print their own money ? or in Oddball's case dig for "more" gold, that is infinite.
Well at least he hit the concept that most conservatives don't get.
"Wealth" is not the paper money..or even money. Money is a placeholder.
Wealth is "stuff". By that I mean, stuff you grow, stuff you dig out of the ground, stuff you build and stuff you provide. Or as in the drivers of the economy:
Agriculture.
Mining.
Manufacturing.
Services.
THAT'S the economy.
How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?
How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?
Those who think divvying up an existing pie is the way to economic growth are missing the boat. When you divvy up the pie, the pie soon ceases to exist.
If you want everybody to have pie, the only logical way to do that is for more people to bake pies every day and for the government to encourage incentives to bake those pies. When the government presumes to tell you what kind of pie you have to bake, who gets the pieces, and how much you get to keep for yourself, a whole lot people will a) be able to bake a pie and b) will be inclined to bake one.
And the one lesson our government no longer seems to understand, if you get pie whether or not you bake one, there is a whole lot less incentive to bake.
Those who think divvying up an existing pie is the way to economic growth are missing the boat. When you divvy up the pie, the pie soon ceases to exist.
If you want everybody to have pie, the only logical way to do that is for more people to bake pies every day and for the government to encourage incentives to bake those pies. When the government presumes to tell you what kind of pie you have to bake, who gets the pieces, and how much you get to keep for yourself, a whole lot people will a) be able to bake a pie and b) will be inclined to bake one.
And the one lesson our government no longer seems to understand, if you get pie whether or not you bake one, there is a whole lot less incentive to bake.
Yeah, but how are you going to make the pie bigger? The post above this one started out with the right idea: cut taxes to zero on incomes $50,000 and below. However, the guy went on to advocate cutting defense spending. Others have talked about cutting a lot of other spending - welfare, etc.
You expand the economy by making more money available for consumption and investment. That is done by reducing the tax burden and injecting money with government spending. While there may be "values" reasons for cutting welfare, etc., from a purely economic point of view, it provides money in people's hands which is spent, in turn becoming income for somebody else - on and on - hell yeah, the multiplier. The same is true for money left in people's hands by reduced taxes.
But won't that make for deficits? Yes, but ....... Debt for America simply means increasing the money supply - the dollar is back by what? by government debt instruments. How do other countries pay their debts? Greece, Spain, France, etc.? with DOLLARS! The Almighty Dollar is the RESERVE CURRENCY for the world - meaning all international transactions must be made in dollars. How does the U.S. pay its debt? also with DOLLARS! - Basically go to the old printing press and print more. THAT is what prevents us from getting into a hole like Greece and Spain.
But won't that cause inflation? Some say yes, but it hasn't happened yet - and really should not as long as the dollar is the reserve currency.
The big danger we have from Obama and the leftists is that they seem bent on weakening America's position of world dominance. As long as we are militarily dominant, the dollar will be the world's reserve currency, and the world will basically be paying tribute to US as in U.S. I for one like it that way.
How do we grow our economy once we cease to have any growth in the population? We're not there yet, but eventually we will stop growing. Economic growth, for the greatest part, is due to growth in population. What happens once that growth stops? How do we divvy up the pie then?
A preponderance of the evidence from the US Treasury Department seems to indicate that filthy god damned neocon scum borrow unsupportable amounts of money to fool morons into believing things are better, while sane presidents like pap Bush and others don't. This chart makes it crystal clear who the culprits are when it comes to fucking our children: nutball scum by ten miles. Many of them actually look like pedophiles. Did anyone notice that smirk on Junebug, or the way Reagan's hands seemed to linger on chlidren? (Maybe the Reagan children have another book to write?)
A preponderance of the evidence from the US Treasury Department seems to indicate that filthy god damned neocon scum borrow unsupportable amounts of money to fool morons into believing things are better, while sane presidents like pap Bush and others don't. This chart makes it crystal clear who the culprits are when it comes to fucking our children: nutball scum by ten miles. Many of them actually look like pedophiles. Did anyone notice that smirk on Junebug, or the way Reagan's hands seemed to linger on chlidren? (Maybe the Reagan children have another book to write?)
The post shows you cannot read a graph and are taken in by carefully crafted images.
In the real world Obama has added $7T in debt--more than almost every president since.
All that graft shows is DNC feel-good blame game stuff that credits presidents with selected congresses' spending. It's basically, a pr lie for the purpose of giving debit where credit is due and vice-versa. Currently the Obama administration is presiding over a $16,527,452,000,000.00 National debt. National Debt Clock Real Time
A preponderance of the evidence from the US Treasury Department seems to indicate that filthy god damned neocon scum borrow unsupportable amounts of money to fool morons into believing things are better, while sane presidents like pap Bush and others don't. This chart makes it crystal clear who the culprits are when it comes to fucking our children: nutball scum by ten miles. Many of them actually look like pedophiles. Did anyone notice that smirk on Junebug, or the way Reagan's hands seemed to linger on chlidren? (Maybe the Reagan children have another book to write?)
The post shows you cannot read a graph and are taken in by carefully crafted images.
In the real world Obama has added $7T in debt--more than almost every president since.