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theprof00 on 05 September 2017
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DonFerrari said:
Teeqoz said:

Do you know what the concept of the invisible hand means?

Besides, it is a 250 year old concept. Economics has changed a lot since then, things are very different currently than from the 1770's and that includes the economy.

Yes I do, but seeing you imply that government rulling being part of it because it was voted doesn't make much of sense.

theprof00 said:

C'mon man at least try to see all sides of an argument before you pick sides.

It's called the ripple effect. If I give you a card that is worth 1,000$, that card might make its way around to 50 people or it could even go on and on and on. If I take a 7% fee on any transaction on that card (sales tax), Then I will break even once 15 people have used the card. But the card is worth 1,000$. The 15th person isn't just going to hold on to it, they're going to spend it. 

And this very "well made" study said that putting 2.9Tri USD per year would increase the economy by 2.5Tri USD, so it would increase less than expent, besides interest in debts and also that not all of that 2.5Tri will come back in taxes so it will just roll bigger and bigger on debts.

yes but the size of our economy also effects our global power. While I agree that going 400billion more into debt in 8 years isn't a great idea for US citizens, it does give our companies, people, government, more power. It's a growth of almost 14%. 23% of China's gdp. 

So yeah, there's a lot of things to think about, and surely I am no expert, but outpacing China by 23% for the cost of 400b doesn't seem like such a bad deal.

It's also important to note that the study says it's not the end all study, and there are multiple other ways to implement this, based on income etc.