The Stimulus didn't work?!

lomiller said:
Germany employed stimulus in the form of government spending and has recovered nicely.
Click to expand...

Germany employed stimulus in a entirely different fashion than the Obama administration and democrats. They subsidized existing private sector jobs rather than just letting people be laid off and then pay them unemployment (to do nothing). They also didn't waste hundreds of billions trying to create *new* *green* jobs at hundreds of thousands of dollars a job. Germany put the emphasis on increasing REAL competitiveness in the world's marketplace, while the United States focused on stimulating demand. You left out those little details, lomiller. :D

You also left out the fact that Germany realized that people and businesses won't spend their money while facing an uncertain fiscal future. So Germany followed its stimulus package with a austerity plan, thus boosting short term demand without creating lingering deficits. Without creating uncertainty due to a host of new regulations enforced by new government agencies, all pushing socialist agendas. Thus, Germany boosted consumer AND business confidence, rather than harming it, like Obama's efforts have clearly done the last 2 years. :D
 
BeAChooser said:
Germany employed stimulus in a entirely different fashion than the Obama administration and democrats. They subsidized existing private sector jobs rather than just letting people be laid off and then pay them unemployment (to do nothing).
Click to expand...

Maybe they did, maybe they didn't. Either way it's already been demonstrated that actual government consumption increased in Germany and flattened in the US. Since what you are claiming (without evidence) isn't government consumption it irrelevant to the point.
 
stokes234 said:
Growth isn't the only factor that ever needs to be considered. Median GDP is often more important to utilitarians than mean GDP. If your country grows so much it earns infinite money per day, but its all in the hands of an elite few and your education, health, emergency services etc are all terrible, what have you gained?
Click to expand...

Another related metric is economic mobility. The US has lower economic mobility then Germany, meaning if you are born poor you have a lower chance at advancing your situation then you would in Germany. (Or just about any other western country)
 
You must log in or register to reply here.

Back
Top Bottom