Quote:
|
Originally Posted by aceventura3
I'll say just one thing here:
Governments do not create wealth, individual people investing in their own futures do.
Thats how people move forward.
|
Wrong answer.
(And BTW you DID notice I stated LOANS..... as in Grants but paid back at a lower interest rate than they would get at a private bank. Loans are a nice thing to where a government will say, "you have a good idea here's some money do it." and the money is paid back...... but those don't exist much anymore. Seems government has decided to keep cutting taxes on big businesses by giving tax breaks tax abatements and so on. So who does government favor and who are they making sure keeps the wealth???????)
Microsoft, Apple, IBM, Boeing, McDonald's, Ford, GM, Wal*Mart, Home Depot, Target, Halliburton, GE, and on and on and on..... all have one thing in common, all recieved money from the government and that money changed their profit margins or helped start them. The way these companies got their money = SMALL BUSINESS LOANS, government contracts, government tax abatements, subsidies and so on.
Governments do create wealth, ask any single one of those companies above.
The problem is they stopped investing in the small guy. Small Business Loans and a mom and pop getting tax cuts for opening a little deli shop that had hard to find magazines, newspapers, Cigars (and so on) (even though they researched it found it would make money, and planned to franchise the idea)........
They won't get that small business loan and without it they don't have the starting capital it takes.
But who got the money?
Meanwhile, Wal*Mart comes in says "we want this piece of land, we want tax abatements, we want you to rezone for food sales." The city jumps over backwards does hand flips and gives Wal*Mart all it wants.
The problem here is their low prices drive their competitors out of business. But their wages are so low very few pay much into taxes (most get all or the vast majority back in "refund".), the store doesn't pay hardly anything in taxes because "abatements" were needed to get it in there to provide jobs that don't pay enough to form a tax base.....
Ask my father and the many like him who started out with nothing, were able to go through college for his degree on student loans, and get employed in his future profession (Civil engineering and land surveying) because of a government mentoring program that Richland Engineering was a part of.
Ask Donald Trump.
Government does control wealth, it can control which company gets a contract and which doesn't (blind bids are bullshit). It can control what the going price for your land in emminent domain is. It can control which states get needed funding and which states "starve".
That is why we are doomed economically, Limbaugh has people so fucking brainwashed with "it's your money and the government is stealing it and should not invest and should cut taxes and blah blah blah"....... they totally ignore the fact that the government needs to put the money into the system in better ways or there will soon be only 1 tax base, the wealthy.
Many a revolution has started because the government went bankrupt as the poor went poorer and the wealthy continued to profit.
But please keep believing Limbaugh the facts and the truth never truly stopped him from spreading whatever manure he wants.