Robert Higgs - If you have a private firm and you spend a ton of money to pay employees, but what yo...

Robert Higgs Zitate

If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending.

Robert Higgs

Bewertung: ★ ★ ★ ★ ★ 5,0 Sterne

Deutsche Übersetzung

Wenn Sie eine Privatfirma haben und eine Menge Geld ausgeben, um die Angestellten zu bezahlen, aber was Sie produzieren, ist ein Flop, dann wird das BIP keinen Wert haben. Staatliche Ausgaben werden jedoch als Beitrag zum Wirtschaftswachstum gezählt. Deshalb wollten einige Leute in den ersten Tagen der Erstellung dieser Messungen die Staatsausgaben nicht zählen.

← Vorheriges Zitat

Nächstes Zitat →

Ähnliche Autoren

Alan Greenspan Arthur Laffer John Kenneth Galbraith Milton Friedman Paul Samuelson Robert Reich Thomas Sowell Thorstein Veblen

Ähnliche Zitate

You campaigned against rich people and you got enough envy whipped up in the country and you're gonna get 'em. You're gonna stick it to those rich people. But guess what? You may not get anymore revenue. You may not get anymore economic growth. But you can say, 'I stuck it to the rich people.'

Rand Paul

I came to Congress on the promise of cutting wasteful government spending. There are plenty of examples of the government playing loose with taxpayer money, but none more so than how we spend our foreign aid dollars.

Ted Yoho

But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?

Terry Savage

Government spending is being restrained, the economy is making progress and moving forward, and the pro-growth, tax cutting policies put in place have allowed businesses to grow, which has brought in additional tax revenue to help pay off the debt.

Bill Shuster

The federal government's role is to establish a process whereby industry can pitch a project, and Canadians can be reassured that this project is worth the risk. That's at the heart of governments granting permits and communities granting permission. People understand we do need economic growth. We do need natural resource projects.

Justin Trudeau

In a very weak economy, when you say 'cut government spending,' what you mean is you're laying off school teachers and you're de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and don't pay taxes.

Fareed Zakaria

I would cap the amount of federal government can spend at 20 percent of the economy. Bring it back to 20 percent or lower. And say, we are not going to spend above that level. Democrats, they want to raise your taxes and spend more and more and turn us into an economy which is no longer driven by the private sector.

Mitt Romney

Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.

Mitt Romney

The solution is to change the cake recipe, and that's the way it is with government. We can start adopting policies that work and that encourage economic growth. If you got incentives for encouraging big business development but not small or medium business development, it's not going to work. It needs to work for all three.

Tim Griffin