Which concept grows wealth ?

Government does not create wealth fiilet o spam. I like you and I know you are highly educated so dont mince words Q Does Government create wealth? A. No

Dont even say Government “creates an envirnment for businesses to flourish in, hahaha! thats a joke. If we didnt have paved roads people would drive down crappy dirt ones to go to wall mart to buy tire repair kits.

heard a quote I liked last night.

“when you squeeze the rich, it is the lower classes that feel the pinch”

it was pretty much right on the “money”

private businesses of course produce wealth and stability for their workers and themselves. something obama seems to be ignoring in his quest to resurrect the failed system of the USSR.

freefromself: These days most businesses don’t create wealth either. Most of our “prosperity” these days comes from shifting money around with each party taking a percentage for their service. It is a house of cards that fell.

We have tried the strategy of lowering taxes and giving businesses freer reign through deregulation and the result hasn’t been good. Today our economy is more like a pyramid scheme than sustainable growth.

Investing in technology, energy, and education is vital for businesses to succeed in the future.

It amazes me how conservatives think that government can never do anything right. If the past eight years has taght us anything, it is that government doesn’t work only when conservatives are running things. They take over, spend money like a drunken sailor, leave the economy in shambles, and then claim it is governments fault. As if it had nothing to do with the gutting of all regulatory agencies, hand outs to the super rich, and the encouraging of corporate greed that leaves “WE THE PEOPLE” holding the bag.

Government spending in cryptography in WWII laid the groundwork for digital computers, Government spending on the space program brought us advanced integrated circuits and lots of other technology. DARPA spending built the network that later became the Internet where we type today.

It seems preposterous to me to say that these programs did not make us richer today.

As far as I’m concerned anyone who believes that government can not produce wealth is so blinded by ideology that they can no longer track reality.

Private wealth is sustained by private business.

it depends, doesn’t it? privately owned I assume

im gonna homestead up in canada! Then all of you can give your money to uncle sam!

All wealth is created privately. Why? Because wealth is nothing more than the perceived value two parties gain in a mutally beneficial transaction. Government exists precisely because it is not practical to reduce everything of value to this approach - it is the broker between the willing and the unwilling. The exchanges it brokers harm 1 party more than they help the other.

But wealth is not the only thing people value, which is why government exists in spite of its overall wealth sucking nature.

So, while having government run a retirement system is much less efficient than it would be privately, everyone gets a retirement - which would not be true if it were purely private. The same is true for universal education. Public education is probably 2-3 times more costly per student than private education, but it’s universal - an aspect the vast majority deem worthwhile. …and so on

Hahaha! Filletospam, Ya, it was Tax dollars generated from the private sector, that the Gov. used to reinvest into the private sector, so they could come up with these neat gadgets to win the war. You make it sound like the Gov. created the resources to pay for that stuff.

Let me ask you this than: Besides the post Office; what Government agency is self supporting through its own profits?

freefromself: Lets for the sake of argument that our government invested $100 billion in something that produced $200 billion in value. In this case the government would create $100 billion of value or wealth. When I worked in bicycle shops we sold road bikes at around 33% margin. If we paid $200 for a bike we’d sell it for about $300. By assembling, displaying, and providing advice and post-purchase service we added $100 to its value so we created $100 of wealth.

It doesn’t mater that the where the money came from, wealth is created when the value of something is increased either by the government or the private sector.

It is unnecessary and undesireabl

freefromself: Lets for the sake of argument that our government invested $100 billion in something that produced $200 billion in value. In this case the government would create $100 billion of value or wealth. When I worked in bicycle shops we sold road bikes at around 33% margin. If we paid $200 for a bike we’d sell it for about $300. By assembling, displaying, and providing advice and post-purchase service we added $100 to its value so we created $100 of wealth.

It doesn’t mater that the where the money came from, wealth is created when the value of something is increased either by the government or the private sector.

It is unnecessary and undesirable for most government programs to make profits. That has no bearing on if they create wealth.