16th August 2010, 5:39 PM
A Black Falcon Wrote:Is that the kind of thing Republicans use to cover for the fact that their economic position is to oppose anything that might help the majority of the people, and only do what Wall Street wants? Because it doesn't work, the transparency of how absurd arguing against creating jobs is is quite obvious.I don't know. I don't think we have any Republicans left here anymore.
There's a subtle, but important, difference between being 'against creating jobs' and 'not believing in the idea that legislation is capable of creating jobs'. The only way jobs can be created is if signs of economic stability and consumer spending stabilize long enough that companies begin to think about expanding their operations instead of contracting them. You simply cannot create this effect artificially. The very concept of a 'jobs bill' is an absurdity. It'd be like trying to legislate a cure for cancer or the creation of Darunia's Martian base: You can legislate all you want, but the only way either of these things will ever happen is if all the required enabling factors exist beforehand. I'd be against these bills too, and it's not because I think cancer is awesome or that space bases should never exist.
Quote:I mean, how do you make the economy healthier? You spend money. What do jobs bills do? They spend money in the economy. Pretty simple. :)People have to spend money in the economy. The government spending money, even to infuse the economy, doesn't work the same way, because the government doesn't have any real money to spend--it's over thirteen trillion dollars in debt.
Quote:Oh, and as far as the government goes, under government control GM has turned itself around and is going to post its largest earnings ever this year. And this is after the GOP argued so strongly against the GM bailout because "GM is hopeless".How's it working out for Fannie Mae and Freddie Mac?
Quote:Now even many opponents of that bailout have admitted that they were wrong, considering how extremely well it is going and how the companies have been significantly turned around.It's beautiful that GM was able to turn around. That doesn't mean we should have financed it. Ford accepted no government help and has managed a remarkable recovery completely on its own.
Even if the bailout is a short-term success, it lays down a bad precedent for large corporations in America. They can operate with the assumption that there will be a government safety net to catch them if they falter badly. And, if enough falter badly at once, it could be catastrophic in too many ways to count.
YOU CANNOT HIDE FOREVER
WE STAND AT THE DOOR
WE STAND AT THE DOOR