VGChartz Europeans, I need your help.

[Soleron]

Kasz216 said:

Soleron said:

...

A) What you don't consider a stimulus, is exactly what a stimulus always is... and always will be with the polticians in charge.  Austerity can't be done correctly, but neither can stimulus, the big difference is that failed austerity still somewhat lowers the debt, while failed stimulus increases it.

I don't even think successful austerity lowers debt.

B)  The only way to grow an economy is to create products people demand and create value in the economy.  This can't happen through stimulus... espeically not through the kind of stimulus provided, at best stimulus can pull foward demand... and companies have to be stupid enough to follow through on it.

Disagree. The point of what I said is to invest in infratstructure and people's skills to create a better environment for doing business. Something it's not feasible for companies to do themselves, but which we all benefit hugely from.

They aren't products.

The government handing everyone a $200 cheque and asking them to buy a TV with it counts as "products people demand" but is also completely worthless to economic recovery.

C)  It's got less to do with nationality and more to do with economics.  Government spending is useless to measuring the economy, because it's not a part of the economy.   The things you listed without a doubt should in no way count.

They are part of the economy. Don't understand your position here.

If they are useful, their effects will show up... in the private data.

Any government spending that can't find effects in the private market is essentially bubble spending and should only be used for specific charitable reasons.

The worst kind of government spending - contracts for random shit people don't need - shows up in the economy. Like the US ordering unecessary tanks or missiles. Or an IT consultancy contract. They "create jobs" but they don't create value. This kind of outsourcing is pretty much my #1 hated thing.