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Originally Posted by pan6467
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???????)
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In my studying sucessful businesses every single one started on individual initiative without any reliance on government. I can not think of one who used government secured loans.
Also, when I talk about individuals investing in their future, I include more than just business owners. I talk about people who invest in their education, people who save, people who sacrifice, people who spend wisely, people who network, people who buy insurance, people who live healthy lives, etc, etc. Government can not do these things for people. Governments can not create wealth no matter how you define wealth. That is the truth, even if you think it is the wrong answer.
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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.
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Please do some research on how each of those company's got started. Each one started with an individual willing to sacrifice everything because they believed something others did not. Absolutely nothing to do with government.
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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.....
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Walmart is willing to fight for my dollar as a consumer. It is my choice to shop at Walmart. However, price is not always most imortant. When "mom and pop" can give me value for the extra money, I shop with then. It is that simple
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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.
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I don't understand the reference to Limbaugh. I don't listen to his show.
I agree that governments do award contracts. However the awarding of a contract is not the same as creating wealth. The government has to take before it can give. At best its a wash.