The private sector employee is paid by money that is generated by the company producing a profit. And the employee is used in some way to generate more profit. That profit is what grows the economy. The government employee is also paid from profits generated by companies, only they are not used to create more profit. It's not sustainable. No, it's not the same. It's a different world entirely. You have a bucket and a half empty pool. An employee of the company is taking water from outside the pool and putting it in the pool. The government employee is taking money out of the pool and throwing it up in the air. Some of the water goes in the pool, some doesn't. But the pool will never get more full that way.
Money isn't "generated". It's created by government. Without money there'd be no profits. Without government, there'd be no corporations, because they're created by law. There'd be no contracts, no courts, no roads, and no security.
No one "throws money in the air". There's no "pool" that corporations get their money outside of. Money doesn't care if it's earned by workers building parks or teachers teaching kids, or stock market schemers ripping off investors. It's all the same money - the only thing that matters is whether workers are doing something useful. If private corporations are pouring toxic waste into the watershed, it's useless, no matter how profitable it is.
You need to get over the idea that "profits" somehow guarantees that something useful has been done, and that government spending somehow means money has disappeared. Neither is remotely true.
Money(currency) is manufactured on government printing equipment. WEALTH is created by commerce.
Wealth is created by people - specifically, people doing work.
Of course it does. Teachers, firefighters, soldiers, judges - all are examples of public sector workers creating wealth.
Education, safety, justice - these things are "nothing"?
"Assets"? You mean money? The same money the government created in the first place?
And isn't the "rightful owner" determined by the law?
Essential government services notwithstanding, most public sector work is redundant and in most cases could be done without ( non essential). Government grows because it is advantageous for it to do so. Increasing government requires revenue which must be taken from somewhere. Government creates nothing.
So you keep saying.
Do you have any argument as to why roads, schools, national defense, healthcare, retirement and money itself are "nothing"?
If government as you state, created money,
there would be no reason for taxation.
Creation ( of money) indicates self sufficiency. As we know in the case of government, that is not true.
I don't understand. Are you saying government doesn't create money?
Government by design cannot ever be self sufficient.
Government has gone far outside it's intended boundaries of providing essential services.
Incrementally, we are seeing government and public employees and their unions being reined in. The one sided battle between taxpayers and public employees ( and their labor representation) has favored the public sector for long enough. Time for the people to get control of the public sector.
If government does "nothing", how can it perform essential services? And if it provides essential services, how is that nothing? Which is it?[/QUOTE]
Don't play stupid with me. I never stated "government does nothing". I stated government CREATES nothing.
Government does not create WEALTH. There is a difference between 'money'( currency) and wealth.
Government is overstuffed with redundant positions. In many instances government employees only function is to insure employment is maintained.
For example. The procedures under which government budgets are funded and the rules by which departments continue to grow their budgets.
Here's a typical scenario. The road department of Anytown, USA has a snow removal budget of $1. This includes salt and sand for the roads Anytown experiences a mild winter and uses 75% of their snow removal budget. Fearing next year's budget and possibly jobs will be cut, the Anytown road dept managers figure out a way to spend the $1.
That is stupid. It is wasteful and it is a ripoff to taxpayers. Why they simply cannot stockpile the material and save the fuel for the next big winter is a mystery.
Civil Service protections are a joke. Workers know damned well they are virtually untouchable. That enables government employees to just show up and put in time rather than produce.
Government consumes. In order to operate, government must draw it's funding from other sources.
Government is necessary buy to provide only essential services. PERIOD.
"The same money the government created in the first place?"....Stop it. This is the issue being debated. You don't get away with making this conclusion without presenting pertinent facts to support such a claim.
Now, in order for you to continue participation in the discussion, you must show facts indicating how it is government 'creates money'.
Do you have any argument as to why roads, schools, national defense, healthcare, retirement and money itself are "nothing"?.....Roads( infrastructure) national defense, public safety are essential services. It is understood that government requires taxation to raise revenue to pay for these services. Government schools are NOT a necessity. Education would be much better off in the hands of the private sector. However, that is not practical. Government schools are a captive marketplace. Whether one uses them or not, they still must pay for them. Unfortunately, public schools are probably the least audited and least scrutinized of any public service. Hence the reason why as much as 80% of property taxes go to pay for schools. Public education wastes tons of money. I think school funding should be for education only. All sports and activity programs should be funded by the users. SO if your kid plays a school sport, let his/her parents pay for participation. Same applies to other activities as well. The taxpayers should not be funding these things as they are not education. Many school districts are in fact going to pay for play.
School boards and other officials are called on the carpet for failing or under performing schools. The pat response is 'we need more funding'....As we have seen, that never works. Take a look at Washington DC public education spending. The highest in the country. Has that done a thing to increase graduation rates? No it has not. One of the indications of government insanity is trying to solve a problem by throwing money at the problem.. Never works. All it does is ensure school employees are paid more money which if they were paid based on performance, they would be getting PAY CUTS...Only in government do employees get rewarded for mediocre performance. If you do not do your job in the private sector, you get replaced by better a better worker. Government should work the same way.
And isn't the "rightful owner" determined by the law? The rightful owner of wealth is the person or people that created it.
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What is it you do not understand?