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Forums - General - My PS3 will be funded by the generous $950 Australian government handout

Even if I don't get this $950 from the government at least I still get the free $ for being an Apprentice.



Pacman taught people to run around in dark rooms munching on pills while listening to repettive techno music and for that I somewhat idolise him.

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WAIT

why do you get $950 just like that?

ITS NOT FAIR DAMN IT!!



All hail the KING, Andrespetmonkey

Because that is the form of provision our government feels is most likely to stimulate the economy.



 

 

blue-lady said:
Because that is the form of provision our government feels is most likely to stimulate the economy.

@darthdevidem01, What she said. ^^

Pacman taught people to run around in dark rooms munching on pills while listening to repettive techno music and for that I somewhat idolise him.

Instead of everyone getting a small amount. Why not just give to some big corps?
They are big, so they'll surely not waste money like everyone else.

For example, name a stadium for $400 Millions.



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I got £300 of the government in England once



blue-lady said:
Because that is the form of provision our government feels is most likely to stimulate the economy.

 

 Well that's obviously the wrong way. The Obama way is for the government to spend lots of money on it's self instead.

Instead of a PS3, wouldn't you rather have all govermnet employees driving a brand new eco friendly hybrid car instead?



Yet, today, America's leaders are reenacting every folly that brought these great powers [Russia, Germany, and Japan] to ruin -- from arrogance and hubris, to assertions of global hegemony, to imperial overstretch, to trumpeting new 'crusades,' to handing out war guarantees to regions and countries where Americans have never fought before. We are piling up the kind of commitments that produced the greatest disasters of the twentieth century.
 — Pat Buchanan – A Republic, Not an Empire

Anyone know what the multiplier effect is, or did you sleep through economics? If the government spends money on something, it is more likely that those dollars will be re-spent through the economy. The government has spent them once already and the employees are likely to spend those dollars again.

Compare that to just giving people a tax cut. If they decide to save that money or put it towards paying off debt, they have not stimulated the economy much at all. That multiplier is much lower.

Tax cuts aren't like voodoo magic or something. They can't solve every problem. Furthermore, a lot of times the money is spent on products that are manufactured by foreign companies (like manufacturing companies in China that make everything you see at places like Wal-Mart), so the money given with a tax cut is even less likely to stimulate the domestic economy.



We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls.  The only thing that really worried me was the ether.  There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke

It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...."  Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson

akuma587 said:
Anyone know what the multiplier effect is, or did you sleep through economics? If the government spends money on something, it is more likely that those dollars will be re-spent through the economy. The government has spent them once already and the employees are likely to spend those dollars again.

Compare that to just giving people a tax cut. If they decide to save that money or put it towards paying off debt, they have not stimulated the economy much at all. That multiplier is much lower.

Tax cuts aren't like voodoo magic or something. They can't solve every problem. Furthermore, a lot of times the money is spent on products that are manufactured by foreign companies (like manufacturing companies in China that make everything you see at places like Wal-Mart), so the money given with a tax cut is even less likely to stimulate the domestic economy.

And if we all spend our $950 on Japanese PS3's made in China and Taiwan...

 



 

 

They should just give everyone in the country a PS3. That would turn the console war around lol.



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