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Government spending doesn’t necessarily create jobs, since the money it spends is taken from other people (as either taxes or inflation). It merely redistribute

Government spending doesn’t necessarily create jobs, since the money it spends is taken from other people (as either taxes or inflation). It merely redistributes jobs.

johnnyanmac 2y ago
From a micro level, a person gets money and they get to go about their business. I imagine that's the level of thinking many everyman has on this. But sure, The government is redistributing its wealth and helps stimulate the rest of the economy with the workers they employ. Even for private sector it keeps the wheel turning.
- scarab92 2y ago
  Government doesn’t really have “its wealth”. By taking trillions away from the private sector (in taxes, inflation), it costs the economy tens of millions of jobs. It then spends that to create new jobs. Some of that spending has a positive ROI, such as employing 100 police, to allow 10,000 people to focus about innovating rather than their own safety. On the flip side are many of the jobs in Washington, which dont create any multiplicative benefits for society and are net negative.
  - johnnyanmac 2y ago
    You can call it a royal "it". We pay taxes, they provide our taxes to various aspects to benefit society. Congress allocates that, so any grievances on what they agree to spend should be take to your reps. The deadline is in 3 weeks, so be swift! --- But to go back on-topic: the everyman just sees a job they get money from and can use to invest or stimulate the economy. The other economic overhead is not affecting their day to day... Usually. At least not to a point they complain.
addicted 2y ago
The same is true of the private sector. Every dollar spent came from someone’s pocket through consumer spending. By your logic the only jobs that can be created is by deficit spending, and since the private sector cannot create money, but the government can, the implication is that only the federal government can create jobs.
- naijaboiler 2y ago
  Thank you for thoroughly dismantling that stupid line of reasoning.

Government spending doesn’t necessarily create jobs, since the money it spends is taken from other people (as either taxes or inflation). It merely redistributes jobs.

johnnyanmac 2y ago

From a micro level, a person gets money and they get to go about their business. I imagine that's the level of thinking many everyman has on this. But sure, The government is redistributing its wealth and helps stimulate the rest of the economy with the workers they employ. Even for private sector it keeps the wheel turning.

scarab92 2y ago
Government doesn’t really have “its wealth”. By taking trillions away from the private sector (in taxes, inflation), it costs the economy tens of millions of jobs. It then spends that to create new jobs. Some of that spending has a positive ROI, such as employing 100 police, to allow 10,000 people to focus about innovating rather than their own safety. On the flip side are many of the jobs in Washington, which dont create any multiplicative benefits for society and are net negative.
- johnnyanmac 2y ago
  You can call it a royal "it". We pay taxes, they provide our taxes to various aspects to benefit society. Congress allocates that, so any grievances on what they agree to spend should be take to your reps. The deadline is in 3 weeks, so be swift! --- But to go back on-topic: the everyman just sees a job they get money from and can use to invest or stimulate the economy. The other economic overhead is not affecting their day to day... Usually. At least not to a point they complain.

addicted 2y ago

The same is true of the private sector. Every dollar spent came from someone’s pocket through consumer spending. By your logic the only jobs that can be created is by deficit spending, and since the private sector cannot create money, but the government can, the implication is that only the federal government can create jobs.

naijaboiler 2y ago
Thank you for thoroughly dismantling that stupid line of reasoning.