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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 j
by 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 agoYou 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.