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Yes, I think you still miss the point though: Lets say 10k goes to this banker, and he spends it on Netflix/Wallmart/etc. That mostly benefits HIM. Really, I
by gavanwoolery 15y ago
Yes, I think you still miss the point though:
Lets say 10k goes to this banker, and he spends it on Netflix/Wallmart/etc. That mostly benefits HIM. Really, I should get to spend that 10k on Wallmart/Netflix/etc. so that it benefits ME.
Both cases benefit the economy, but the banker benefits more if he spends the money. In otherwords, money that I could spend on myself to boost the economy is instead being given to someone else who does not deserve it. Does that make sense?
In general, I am for a SMALL government - that means I would prefer that taxes be minimized, and whatever can be privatized should be. I do not support our government's excessive defense budget (although I do support the troops, who actually get very little of the overall defense budget).
- yummyfajitas 15y agoThat mostly benefits HIM. Really, I should get to spend that 10k on Wallmart/Netflix/etc. so that it benefits ME. If you are advocating for reducing taxation and redistribution, I agree with you. I was merely arguing against the dichotomy implicitly put forth by the author - either the government spends the money, or else it is wasted.