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Reply #19: Funding & Jobs [View All]

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NAZLib Donating Member (15 posts) Send PM | Profile | Ignore Thu Aug-11-11 03:49 AM
Response to Reply #18
19. Funding & Jobs
I saw the bit about getting money from the Corps but there's even less to be had there than in the rich. Corps. currently pay about 200B in taxes so a few tweaks here & there to the tax code are unlikely to generate more than a few Billion.

As for the "needed work", lets just say that I'm pretty sceptical that our government could identify needed work if it were right in front of them. The problem is that they take, say 1 million from some community in the form of taxes that would have been spent on things they actually needed and then return that same 1 million with a string attached that says they can only spend it on something that's more of a luxury. No new money has been created, they've just shifted it around. Here's a concrete local example. A nearby city got a stimulus grant to pay for a large quantity of specialised swat gear that they almost never use (thankfully) and wouldn't have bought if they had to pay for it themselves. At the same time they had to ground the search and rescue helicopter which was used all the time because of a lack of funds to pay the pilots. Now they've got a helicopter sitting around in a hanger and a bunch of swat gear in storage and the community is less safe than it was before.

Lastly, the money put into the economy via make work jobs is money that was just taken out in the form of taxes so there's really no net benefit.
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