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scottw · 11-23-2012, 06:02 AM

the entire premise of the argument of government transfers as economic stimulus is absurd and the only reason that Spence can even attempt the claim is be cause he and the study view reduced taxation and entitlements as essentially the same=grace and generosity granted by governement, it(he) ignores the fact that taxes have to be collected(at a cost), entitlement payments have to be delivered(at a cost) and in many cases those dollars are being borrowed(at an even greater cost)....I've read estimates that for every tax dollar collected the end user under welfare, and I assume the other transfers as well, see about 30 cents of that dollar.....and of course, reducing taxation and regulation does nothing for the expansion of government and the proliferation of the entitlement state

loved this..."Just because the recipients don't produce they certainly do still consume.".....yes, it's becoming more and more the case isn't it?

11-23-2012, 06:02 AM	#2
scottw Registered User iTrader: (0) Join Date: Nov 2007 Posts: 12,632	the entire premise of the argument of government transfers as economic stimulus is absurd and the only reason that Spence can even attempt the claim is be cause he and the study view reduced taxation and entitlements as essentially the same=grace and generosity granted by governement, it(he) ignores the fact that taxes have to be collected(at a cost), entitlement payments have to be delivered(at a cost) and in many cases those dollars are being borrowed(at an even greater cost)....I've read estimates that for every tax dollar collected the end user under welfare, and I assume the other transfers as well, see about 30 cents of that dollar.....and of course, reducing taxation and regulation does nothing for the expansion of government and the proliferation of the entitlement state loved this..."Just because the recipients don't produce they certainly do still consume.".....yes, it's becoming more and more the case isn't it? Last edited by scottw; 11-23-2012 at 06:19 AM..