Tea Party Economics 101 - Democratic Underground

LuckyTheDog

(1000+ posts) Send PM | Profile | Ignore

Tue Jul-26-11 11:18 AM
Original message

Tea Party Economics 101

Edited on Tue Jul-26-11 11:19 AM by LuckyTheDog

Tea Party economics comes down to five main points:

-- A dollar spent by the government just goes "poof" and disappears.

-- A dollar spent by the government cannot be used to by government contractors to pay their bills.

-- Money paid to government employees and cannot be used to buy goods and services in the rest of the economy.

-- Thus, government-spend dollars lack the the multiplier effect created by "good" private sector dollars.

-- Therefore, cutting government spending creates jobs. The more you cut, the more jobs you create.

Do I have that about right?

Printer Friendly | Permalink | | Top

tridim

(1000+ posts) Send PM | Profile | Ignore

Tue Jul-26-11 11:29 AM
Response to Original message

1. It all boils down to DERP

They are dumb people who think they know everything. We've all met them in life. Now they're running the country.

Printer Friendly | Permalink | | Top

LuckyTheDog

(1000+ posts) Send PM | Profile | Ignore

Tue Jul-26-11 11:50 AM
Response to Reply #1

3. It's worse than that

The Tea Party is the political movement equivalent of an alcoholic who suddenly decides to go cold turkey, sell his car and his house, and move cross country just to "make a change."

They are looking for a quick-fix spasm of dramatic action that will suddenly change everything without any need for introspection, planning or even any attempt to think things through.

That is a potentially very destructive way to make policy.

Printer Friendly | Permalink | | Top

Kennah

(1000+ posts) Send PM | Profile | Ignore

Tue Jul-26-11 11:48 AM
Response to Original message

2. Heh, what a second, I think you are onto something here.

We apply their logic and tell them that cutting the military will result in more wars against furiners and brown people and secret muslims.

Printer Friendly | Permalink | | Top

itsallhappening

(578 posts) Send PM | Profile | Ignore

Tue Jul-26-11 11:51 AM
Response to Original message

4. Pretty much. (edited)

Edited on Tue Jul-26-11 11:53 AM by itsallhappening

I'm always amused by the people who say gov't spending doesn't/can't create jobs.

One of them is my uncle who is now retired after a 30-year career at (ready for this?) a defense contractor.

I don't get these people. At all.

EDIT: spelling ("not" and "now...big difference!) :)

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Mon Apr 29th 2024, 02:49 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.