Of course taxes do not add money to the economy...printing money and lowering interest rates do that....my point is that if you taking billions of $ from one party and giving it another the recipient is going to have to do something with that money....

quote:
You are claiming now that you did not explicitly imply MORE HOSPITALS would be built, etc.?
The $1000 is still $1000?

If your premise is that there is going to be billions of $ re-distributed to health care providers and insurance companies because more people are going to have access to insurance and will demand more services then yes, there will have to be more infrastructure like hospitals and clinics built.

It is your premise that the money taking from producers at the point of a gun will not make the same impact on the economy that it will in the hands of the producer who earned it in the first place. You are not alone in this....I hear it from folks all the time....but like Max Bialystock says to Leo Bloom "you keep saying it, but you don't say hooowwww".

SO, lets agree....when I send $1000 to the IRS my wallet is $1000 lighter. The IRS's wallet is $1000 heavier. The IRS almost immediately sends my $1000 to thousands of contractors, vendors, employees, food stamp recipients, etc etc etc....some of it even returns to me in many ways, sometimes even directly if I happen to be one of the contractors, vendors, employees etc etc etc. How does this negatively impact the nation's economy? The only thing that I see is that banks and creditors aren't able to get their slice of the pie in the form of interest on loans they made with my $1000. I understand that both mine and the bankers economy is negatively impacted in this scenario...I am $1000 lighter and the banker isn't getting his vig....BUT both of us enjoy a bump in our personal economies because more individuals have more expendible cash to buy shite from me and finance it from him....

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Posted by NC_Tigah

Carolinas

Member since Sep 2003

124713 posts

Posted on 2/2/14 at 9:40 am to germandawg

quote:
Of course taxes do not add money to the economy...printing money and lowering interest rates do that....my point is that if you taking billions of $ from one party and giving it another the recipient is going to have to do something with that money....

Your "point" assumes the "billions of $" taken would not have otherwise been spent in an economically productive way. Of course there is no factual basis whatsoever for that assumption, quite the opposite. Aside from that one minor detail though, it's an interesting thesis.

quote:
If your premise is that there is going to be billions of $ re-distributed to health care providers and insurance companies because more people are going to have access to insurance and will demand more services then yes, there will have to be more infrastructure like hospitals and clinics built.