Author Topic: What Happens In Vegas, Brings Harry Reid Brown Nosing to His State....  (Read 3603 times)

Rastus

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Re: What Happens In Vegas, Brings Harry Reid Brown Nosing to His State....
« Reply #10 on: February 06, 2010, 09:09:24 AM »


OMG, OMG... I actually agree with obama.   places like lost wages is the last place people should be spending thier money.

Not to be antagonistic TAB, but I think we need spending, but spending on something other than the "entertainment" type industries.  Spending will be most beneficial when it results in producing useful products and services that generate additional jobs.  The "entertainment" industries do spend some money on goods and services that are from more utilitarian and useful lines but the percentage spent is low.  It is more beneficial to pay a guy to flip cards, to flip burgers or to roll steel and pour concrete? 

Creating economic wealth for the people by investing in products and services that spurn additional development and investment can be a good thing.  Government is good a big projects that has benefit...building dams that allow for electrical generation, building bridges over rivers, providing a military for the common defense, providing a stable currency (oops...), funding research that does not have an immediate tangible result yet provides information to people so that the knowledge can be turned into a benefit for all...

Taking those $$$'s and giving them to people who don't want to work for a living removes investment both in the public and private entities.  The goverment takes the private dollars and reallocates the public dollars to vote buying welfare and in doing so removes our ability to spend our dollars on building a business, or designing a better tractor or whatever and also takes the money from beneficial public works projects that benefit us all.  Sort of like New Orleans and the levee board money squandered to buy votes by providing very excellent dead head jobs instead of building 50 foot high levees....
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