Quote:
Originally Posted by Tribesman
Exactly wrong
look at the methods
Look at the second figure they derived.
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I'm guessing either they don't teach economic principles in Ireland anymore, or you were absent that day.
Simply put if you take $3 Billion dollars, and the effect of what you were "stimulating" was virtually zero (or basically no rate of true return due to an artificial demand created out of thin air and shifted) then you have a loss. You aren't deriving anything other than baseless claims. We gained virtually nothing from $3 Billion dollars taken from the US Treasury other than a sprinkling of auto sales that would have been sold in another quarter of economic activity anyways. And you cannot show otherwise.
The only thing I'm learning from you is that Ireland must be real boring for you, as you seem so desperate and passionate about shilling and supporting our failed Democrats in our government over here. The economic reality and waste above is why these current Democrats need to be separated from the reigns of government. They think they can simply say "success" and trumpet "economic growth" even though the reality is $3 Billion dollars of waste to little effect. And absolutely no real economic growth at all.
You make no sense at all. I gotta laugh. If you follow the current Democrat controlled government's outlook on directed investment in your own private life, you'll soon be a homeless panhandler living under a bridge.