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Brown Cafe UPS Forum
UPS Union Issues
Is anyone following Wisconsin?
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<blockquote data-quote="brett636" data-source="post: 816127" data-attributes="member: 249"><p>Lets say I am logged into my bank, and I transfer money from my savings to my checking account. Was there any wealth created? This isn't a trick question because the answer is obviously no, but this is exactly what happens when the government tries to "stimulate" the economy. All it does is move money around in an effort to make the politicians look like they are doing something when in fact they are doing nothing at all, and in the long run they are just hurting the economy more than helping. A government cannot "prime the pump" as you so put it because all it really does is gum it up making the pump work slower and be less efficient.</p></blockquote><p></p>
[QUOTE="brett636, post: 816127, member: 249"] Lets say I am logged into my bank, and I transfer money from my savings to my checking account. Was there any wealth created? This isn't a trick question because the answer is obviously no, but this is exactly what happens when the government tries to "stimulate" the economy. All it does is move money around in an effort to make the politicians look like they are doing something when in fact they are doing nothing at all, and in the long run they are just hurting the economy more than helping. A government cannot "prime the pump" as you so put it because all it really does is gum it up making the pump work slower and be less efficient. [/QUOTE]
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