Is there anyone left alive that actually believes the federal government can ‘create a job’?
< strong>Question by vinny_says_relax: Is there anyone left alive that actually believes the federal government can ‘create a job’?
http://finance.yahoo.com/news/Senate-Dems-ax-bipartisan-apf-1596390151.html?x=0&sec=topStories&pos=7&asset=4d4681aea9b9f93a651930059a1fe45a&ccode=rd
The only economic entity that can create a job is DEMAND. Yes the federal government can artificially increase employment by literally throwing money into the system, but its meaningless to give employers incentives to manufacture a widget when no demand for widgets exist on the open market, meaning you cant put home builders back to work when theres almost no demand for new homes.
I agree with extending unemployment benefits, people need to eat and keep their families warm and dry. But the only real solution to hiring is for the federal government to cut Cap Gains taxes immediately for small business owners thereby putting more money into the pockets of the hiring backbone of this economy. Other than that, this bill is meaningless. Anyone agree or disagree?
DAVID I support cutting taxes as opposed to taxing this country into infinity. Americans have to start forcing the federal government to become less dependent on taxes in order to support their own bloated lifestyles, starting with the House. We need to turn our representatives back into public servants instead of promoting career politicians. However, if you support paying more taxes then I say feel free to pay my share of the increase.
MadMama yes youre correct to an extent, however your statement also proves my point because there is a DEMAND for highways to be repaired as opposed to ‘creating a highway’ simple because any given administration says a road nees to be built.
MikeO you obviously missed the meaning of this post and apparently thought it necessary to generate a personal attack instead. I’m a 46 year old architect, MU 87′, anytime you want to debate the economy or my educational background, email me (my guess is I’ll never hear from you again).
Best answer:
Answer by Enzyte Bob 9.0
The Federal Government can create WORK but no long lasting, economy affecting jobs.
You see, Liberals despise individual prosperity, private property ownership, and the family. Private property and individual wealth is integral to individualism, and the enemy of the liberal. Liberals believe that wealth is static – anyone who makes money must be stealing it from someone else. Liberals dream of a return to a centralized, 1940′s urban environment. We all ride the bus from a small, dirty, big city apartment to an 8-5 union job. Yet, the liberal typically chooses a career which produces nothing of value – lawyer, bureaucrat, “activist”, etc. – and uses government to extract the wealth of others.
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Countless die hard liberals but they believe most anything the bosses tell them.
Yes, unfortunately..
Considering how they employ millions of people in the US giving all of them health/retirement benefits. No. THEY’RE EVIL!!!!
is there anyone left alive that honestly believes they can trust corporate america
So, after cutting capital gains, when the next recession comes, then what? Cut capital gains again? Then, in the next recession, cut them again?
When capital gains tax rates are 0, what will your magic plan be to end the next recession?
Cutting taxes is fine, but don’t fool yourself that it’s any different than increasing spending. They both have the same net effect: a temporary shot of liquidity into the marketplace.
The federal government creates demand, thus it creates jobs, even by your own economic theory.
And Obama has proposed tax cuts for small businesses in his SOTU, and half of the stimulus package were tax cuts. What exactly is the problem here?
Yes. There is a whole cadre of people like that. It is called the Democrats.
Honestly, how many “small businesses” pay capital gains taxes if there isn’t demand for their product?
If they aren’t selling anything, they aren’t making any profits…
The federal government creates federal jobs everyday. When they decide to increase the size of the military forces they create additional federal jobs. They create civilian and military jobs often. Whether they can create private sector jobs vs public sector jobs, that is another issue.
They created jobs with NASA. At it’s height when we landed men on the Moon, there were 400,000 people working directly and indirectly with NASA.Is NASA a government agency?
I can’t believe more people aren’t asking…where was this bill before? I thought that stimulus bill was for “JOBS”. That’s all Democrats talked about was hurry up, hurry up, we need jobs. We have to pass the stimulus for jobs. Now they have another bill that actually has the word “jobs” in it. Oh goody.
The government creates inefficiency. Just look at the Department of Energy, that produces…no energy. All they do is shred drilling applications all day I believe.
The last thing that liberal politicians want is more money in the pockets of individual citizens. That’s power and people would start making more of their own financial decisions. To the Marxists, that’s the governments job. “We’ll tell you how much is too much to make, we’ll tell you where your money should be spent, we’ll tell you”.
Well the Government does create ‘jobs” inside the government, the problem with these jobs are that they cost the taxpayers money, and do not create any long term GDP gain. When you employ a extra person in the unemployment office, sure that person pays a portion of their income back in taxes, but it was tax dollars paying their salary in the first place, so it’s a loss to the government budget. You can feel good that you “created” a job, but it was at the taxpayers expense, and furthers the already burdensome debt.
Not everyone has taken macroeconomics. Some really have no notion of how a market system works.
The fact that this administration works the way it does should be proof enough that they prefer a centrally-planned style system.
Not in the private sector, but 0bama has created 26,000 new Govt. jobs for our tax dollars to pay for.
The best the Govt. can do is to create a stable climate for businesses to grow in and it sure would be nice if the 0bama admin would consider doing it !
So, you are saying when a big contract comes down to rebuild the interstate interchanges using federal dollars – that is not creating jobs? Who are they using for labor? The jobs don’t do themselves.
When the government gives McConnell Air Force Base money for new dorms – who does the work? It isn’t the airmen, it is local contractors. Are those not jobs?
It is pretty clear to me that the government CAN create jobs.
You must have slept in and missed half of your Econ classes. There are two sides of market forces. There is also supply.
When government creates opportunities via: education (educated work force), roads and bridges (enhance transportation and delivery), public protection (fire, police, military), communication (subsidizing and building cell phone towers, satellites, etc), new competing technologies via public research and university systems, and so on, government can create incentives and opportunities and also less expensive resources.
Often, infrastructure or research costs are prohibitive or primarily concerned with social costs rather than financial costs. This makes public financing and management more desirable than private sector investment.
The government can create a job. Military? That’s what W did.
Is it a worthwhile job? Not unless it’s in a service that we need such as education.
Government can stimulate demand but is it artificial?
Capitalism – booms – busts – the busts are killer – so hard to get out of one if get into one.
If you are a liberal you believe the government can do anything.
Disagree. You do realize that if there is NO DEMAND then cutting the “gains tax” will not make owners start to hire. Citizens expect the government, in time of hardship, to try and be proactive NOT sit by and DO NOTHING. I agreed with the idea of targeted stimulus packages for infrastructure and public works that in its self can start the demand ball rolling for small businesses.
Every job the government “creates” is paid for by the taxes of the citizens and the corporations. Every tax dollar they take is one less dollar available to the consumer in the marketplace. with consumers buying less that reduces demand and the need for people to fill that demand.
All the government really does is move jobs from the private sector into the government. For every job they create they kill one.
Ask the Federal employees….check out USA jobs. Turn your nose up at a good paying job?
Someone has to police the corporations or the air quality would be a lot worse. Get a gripe! Who would provide the road that you drive on? Who would provide health care for the veterans….and the best in the country according to Bill Crystal…yet the American people do not deserve the best.
Who would provide security in this country? Who would monitor the banks and make sure the interest rates they charge are reasonable? FDR had a mess to clean up…and the republicans repealed the The Glass-Steagall Act, also known as the Banking Act of 1933 which started the financial down turn in this country.
Who stopped the importing of lead products to the US…or blew the whistle on them? Who made Toyota fix the brakes on cars that have been faulty since 2007?
You people do not listen…Obama is trying to help small businesses. Yet the Grand Opposition Party takes the opposite stance.
Why, they create jobs all of the time.
They like nothing better than increasing the bureaucracy, so they can squander more money, especially when it benefits their cronies, their families, and special interests.
There are lots of relatives of the politicians who get cushy jobs—-either directly created by the politicians, or else by their cronies, as “favors,” when the politicians rig the legislation to give the cronies a big share of the loot.
It’s done all of the time—-standard operating procedure in D.C.
It will create work until the economy begins to recover, hopefully in about 2 years. You can either give a person work by repairing roads, bridges, etc. or have him sit at home collecting unemployment. Our nations infrastructure is literally falling apart and with all the new money could be repaired quickly with the large unemployed workforce just like the WPA did back in the 30′s.
President Obama does..? He create 33,000 Government jobs in one month (9,000 temporary census worrkers included), taxpay’ers money..? The remodling and home repair bussness has picked-up very well..? Cut ‘all’ Federal taxes from small business, other than ‘employee’ witholding tax, that make less than 250,000.00$ per year for 5 years, to take place ‘immediately’..? The Federal Reserve ( another bank) is looking for ways to get it’s money back for it’s BIG BUSINESS share-holders and will create more greenbacks (artificial), taking away from Small Business again..? It usually takes between 10 to 20 years to recover from these BIG BUSINESS BLUNDERS..? Yes I agree but more Radical..?
They can create jobs, but the jobs will all be government jobs, funded by the taxpayers. No jobs in the private sector can be created by government.
how does giving small business more money increase demand? they sell widgets, don’t they… instead of buy them?
why would small business invest in making more widgets if no one is buying?
Much less save one.
Yes there are, which is sad but some actually buy it. I don’t but thats just me