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Old     (psudy)      Join Date: Dec 2003       02-14-2011, 1:32 PM Reply   
http://www.atr.org/obamas-fy-budgetbr-taxes-more-a5844
Old     (fly135)      Join Date: Jun 2004       02-14-2011, 2:12 PM Reply   
Quote:
That’s $1.5 trillion taken out of the economy and spent on government instead of being used to create jobs.
What really bugs me (or as Peter would say... Grinds my gears) is that people think this is taking money out of the economy. Except in the case of foreign aid and invading/rebuilding other countries, it isn't. That huge social safety net the govt runs puts the money right back into the economy.

What's taking money out of economy is the 1/2 trillion annual trade deficit.
Old     (cadunkle)      Join Date: Jul 2009 Location: NJ       02-14-2011, 9:11 PM Reply   
Quote:
Originally Posted by fly135 View Post
That huge social safety net the govt runs puts the money right back into the economy.
After they steal from someone and skim a large overhead off the top, sure they give the rest back to those who didn't earn it. It's downright wrong.

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