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Since you are so dependent on my attention - here
Posted on: August 17, 2017 at 13:25:11 CT
raskolnikov MU
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Here you go -
Citizens pay taxes
(Meaning that the citizens are deprived of a certain amount of investment or spending depending on their own personal objectives. This investment and/or spending is effectively eliminated from economic activity. The purchasing power associated with taxed money is not created out of thin air; it represents a direct extraction of purchasing power from private individuals and companies, and a corresponding elimination of economic activity that would flow from that purchasing power.)
YES- the money is diverted - BUDGETED to rebuilding roads, like a homeowner budgets for a new roof when his roof is old. While that home owner is not deprived of other spending - he knows a roof over his head is a good idea.
Govt determines projects
(By bureaucratic whim; not by any recognition of the natural market indicators such as a natural interest rate and profits and losses. Instead of calculating a project based on consumer preference, a bureaucrat makes a decision on a whim. Thus, guaranteeing a waste of precious resources by operating on whims versus real business calculation.)
Govts are comprised of elected reps to make these determinations. You are building a bridge son. Profit and loss - sorry no. Don't apply limited barometers wehre they don't apply. And the decisions are not made on a whim but through a deliberative process with BIDS from contractors for lower costs and/or increased quality. Not just handed out. It is a public investment not a business calculation.)
Govt hires private contractors
(In response to campaign donations and other bribes.)
There are laws against such.
Contractors build roads and bridges
(Possibly to nowhere. Certainly not with respect to profits and losses; and with no market accountability.)
No to identified need. YOU BEGGED ME to respond here and you have **** like 'bridges to nowhere".
New jobs create lasting ripple effect
(Remember the investment and/or spending that was extracted from the economy in the first place? What do you think would have happened with that? Not a ripple, right?)
YOU NEED ROADS pal, we budget them in, just like the homeowner and his roof
In addition to new investments
(You mean to repeat the cycle of stealing and spending money upon bureaucratic whim. Calling that an investment is the euphemism of the year.) NO, I don't mean that at all
Economics in One Lesson:
Citizens pay taxes
(Meaning that the citizens are deprived of a certain amount of investment or spending depending on their own personal objectives. This investment and/or spending is effectively eliminated from economic activity. The purchasing power associated with taxed money is not created out of thin air; it represents a direct extraction of purchasing power from private individuals and companies, and a corresponding elimination of economic activity that would flow from that purchasing power.)
YES- the money is diverted - BUDGETED to rebuilding roads, like a homeowner budgets for a new roof when his roof is old. While that home owner is not deprived of other spending - he knows a roof over his head is a good idea.
Govt determines projects
(By bureaucratic whim; not by any recognition of the natural market indicators such as a natural interest rate and profits and losses. Instead of calculating a project based on consumer preference, a bureaucrat makes a decision on a whim. Thus, guaranteeing a waste of precious resources by operating on whims versus real business calculation.)
Govts are comprised of elected reps to make these determinations. You are building a bridge son. Profit and loss - sorry no. Don't apply limited barometers wehre they don't apply. And the decisions are not made on a whim but through a deliberative process with BIDS from contractors for lower costs and/or increased quality. Not just handed out. It is a public investment not a business calculation.)
Govt hires private contractors
(In response to campaign donations and other bribes.)
There are laws against such.
Contractors build roads and bridges
(Possibly to nowhere. Certainly not with respect to profits and losses; and with no market accountability.)
No to identified need. YOU BEGGED ME to respond here and you have **** like 'bridges to nowhere".
New jobs create lasting ripple effect
(Remember the investment and/or spending that was extracted from the economy in the first place? What do you think would have happened with that? Not a ripple, right?)
YOU NEED ROADS pal, we budget them in, just like the homeowner and his roof
In addition to new investments
(You mean to repeat the cycle of stealing and spending money upon bureaucratic whim. Calling that an investment is the euphemism of the year.) NO, I don't mean that at all
Economics in One Lesson:
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Since you are so dependent on my attention - here - raskolnikov MU - 8/17 13:25:11