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You're missing his point; he's saying whomever happens to be the larger group in a given scenario will be the better spender of the money. Which is a point, gi
by gnaritas 11y ago
You're missing his point; he's saying whomever happens to be the larger group in a given scenario will be the better spender of the money. Which is a point, given your stances, that you should be agreeing with unless you're just purely anti-government. He's saying the government is a better spender than the 'wealthy oligarchs' precisely because that's such a small group and the government is the bigger group but that the poor and middle class are better spenders than the government because they're the bigger group..
- brc 11y ago'Good' and 'bad' spending are pretty loose concepts. Sure, building weapons is worse than building tractors in terms of human impact, but when you get down to incessant government intervention in everyday spending, it's not clear that governments spend money better than individuals of any wealth level. Only a minority of citizens waste their money; while a majority of governments waste theirs.
- gnaritas 11y agoI don't care how you define good and bad; that's not the topic. You asked how he categorized wealthy as worse spenders than government, the answer is the size of the group. More people equals better spending decisions because it's less centralized. So are you anti-government, or anti-central planning? Because you can have defacto central planning without a government; that's what extreme wealth is, defacto central planning. Sometimes giving the government the money to spend is the more decentralized option.