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> Why would anyone suggest giving the federal government more money? so government can directly employ people who don't currently have jobs. this will create a
by HillaryBriss 8y ago
> Why would anyone suggest giving the federal government more money?
so government can directly employ people who don't currently have jobs. this will create a money multiplier effect as those workers go out and spend their new paychecks, which puts more cash in the hands of other workers in the economy, who then spend some of it, and so on and so on. in this way, GDP grows.
that's an answer. i'm not sure it's a great answer, but it's an answer i've heard an awful lot.
another answer is so the federal government can build large infrastructure projects (like an interstate highway system or Hoover dam), the theory being that this will pay off richly for society and the economy later on.
- scarface74 8y agoAgain, the government has more than enough money to invest in infrastructure. How much money does the federal government spend on the military that doesn’t go into helping the people who actually serve/have served and lines the pocket of the private military industrial complex? How much is it spending on being “tough on crime” and the “war on drugs”? Why shouldn’t we make it easier for private industry to compete -for instance by not making the US the only industrialized country where your insurance is tied to your company? Why not increase the earned income tax credit and make it easier to be distributed during the year. That would encourage work and it was something that was historically supported by both Republican and Democratic administrations. The way things are going lately, I have a lot more trust in private industry than the federal government.