Saturday, February 18, 2012

Leftists, would you support legislation that mandated citizens invest their idle capital?

I ask this question because I read a lot of leftists crying about "greedy" people and such who are sitting on a huge pile of cash and not "creating jobs" like they should be doing. So, I ask, if private citizens willingly choose to sit on the sidelines and not do the right thing and "create jobs", should government force them to do so? Furthermore, if government mandates that they do so and they refuse, should government simply confiscate that idle cash for the common good?Leftists, would you support legislation that mandated citizens invest their idle capital?I like it. We know who is a registered Democrat in this country. I say we empty all of their bank accounts and use the money to "create jobs". Bunch of greedy bastards, why are they hoarding all of that cash and not investing in our country?Leftists, would you support legislation that mandated citizens invest their idle capital?
I do not consider myself a "leftist" whatever that is supposed to mean. I am a democrat.



To answer your question, no, I would not support mandates to invest capital.



Nevertheless, you are grossly misstating the liberal position. The GOP mantra since 2001 has been to reduce taxes so that the top 2% of income earners could invest and create jobs. Well, 8 years and $2 trillion dollars of tax cuts later, we are still waiting for this magical creation of jobs.Leftists, would you support legislation that mandated citizens invest their idle capital?What do you consider " idle" capital?



Even if all you do is keep your money in a bank account, the bank takes that money and invests it in personal and business loans and other investments. Therefore, there is no "idle capital" unless you are hiding your money in a matress.
No, the government should not. But their consciences, I think is well trained they should help. It is called kindness, co-operativeness, love of neighbour, and love of country.Leftists, would you support legislation that mandated citizens invest their idle capital?Well we were always led to believe that supply side economics would rain prosperity down on us.. I see a lot of clouds, but the ground around me is parched.Leftists, would you support legislation that mandated citizens invest their idle capital?
Considering the recession bush created and left behind, there are not many Americans that have "idle capital".
Let's just confiscate all their property and have the government create jobs. I mean it.Leftists, would you support legislation that mandated citizens invest their idle capital?
Looks like you're on to something.
sure!
I think you are confusing multiple issues. People say the president should do something to help the economy, and to create jobs. That the unemployment %26amp; GDP growth rate is his fault. Others are pointing to corporations who are paying little in taxes as not creating jobs either. Also - there are those who say stimulative bills don't actually create jobs, just work, and that is done by private business. You can't have it both ways.



Thus you are creating a false situation that doesn't exist to push a narrow political idea. The reality is that we lived in a mixed economy and have since the end of the second world war (and is the source of being a world power, not weapons). It is much more complex than you seem to realize, though you are stuck in a "left" vs. "right" mind state, so much so that you are making things up like "leftists" calling people "greedy" and so forth. I believe you are brainwashed into thinking that taxes hurt the economy, that government mandates anything like you imagine or that we are somehow heading to socialism or even communism (while private industry is free to hire or not hire, and has been shedding regulation since the late 1970's).

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