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GTOlover
User Rank
Platinum
Re: Chicken or egg
GTOlover   5/16/2014 9:13:31 AM
Dennis, GAO did find that the cuts did lead to at least one job lose in the government. Maybe that was Charles?

Good point on the poverty. This is what grates me, I am not opposed to government funding research and development of technologies. Even would support the green energy initiatives and certainly battery developments to finally get the EV into the mainstream. But politicians are not about advancing the good of the nation or the world, they are about getting re-elected. Thus they give away freebies in the name of "fairness" and "good intentions". In the end, we are all made poorer.

Bunter
User Rank
Platinum
Re: Chicken or egg
Bunter   5/16/2014 9:01:38 AM
"cut to the bone"

Seriously CharlesM? Do you really believe that?  Wow.

Govt spending has simply exploded over the last decade, esp. since about 2006.

Agree that they are dysfunctional, but I think I see it in the opposite direction.

Frankly I see govt action as often the problem, rather than the solution.  One big example is fighting poverty.  Look at a chart of the decline in poverty over this nations history.  Steady decline until the early 1960's then it flattens out. Flattens out after the govts "War on Poverty" started.  Interestingly some estimate the cost at a bit over $17T, ironically the national debt figure.

Imagine-without govt being involved we could have fewer people in poverty and be debt free.

Somethings only government can screw-up.

 

Sincerely,

Dennis

CharlesM
User Rank
Gold
Chicken or egg
CharlesM   5/15/2014 10:24:35 AM
Plug-in car sales at present still are puny. 10 times puny will not result in a huge number, though this effort could both revitalize manufacturing and transform transportation. Usually only government can fix the chicken/egg problem of low demand without sales needed to lower costs and vice versa. Today's government is so spectacularly dysfunctional, though, that maybe we just have to wait for an Elon Musk in the private sector to fix these huge problems.

Your tax dollars not at work, because they've been cut to the bone in the frenzied race to the bottom.

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