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The Ayn Rand Institute Accepts Federal Aid - PPP

Discussion in 'Current Events' started by resisting arrest, Jul 16, 2020.

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  1. Cubed

    Cubed Well-Known Member Past Donor

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    Yes, the taxpayers, through the direction of the state, are helping the business community stay afloat due to an external drop in the market.

    Which is what Govt's are supposed to do. Which is also a violation of the antiGovt ideology of pure libertarianism.
     
    Cubed, Jul 17, 2020
    #26
  2. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Ok. We can pretend that all government funding to every program and every effort is exactly identical and considered a handout.

    Got it.

    Absolutes are fun!
     
    jcarlilesiu, Jul 17, 2020
    #27
  3. Cubed

    Cubed Well-Known Member Past Donor

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    Nice strawman. Build it yourself?

    I never said anything about "hand out's' with the inference your adding to it. I said Govt assistance, which can come in a multitude of forms.

    But really, the form is immaterial to the point so I'm not sure why you continue to harp on it?
     
    Cubed, Jul 17, 2020
    #28
  4. Longshot

    Longshot Well-Known Member

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    agreed
    Increasing the velocity of money increases the production of final goods and services? By what mechanism?
    Why? What good is a savings chest when consumption drives the economy?
    Yeah, right? They should.
     
    Longshot, Jul 17, 2020
    #29
  5. Cubed

    Cubed Well-Known Member Past Donor

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    Cheers :)

    When velocity increases, it means people are buying and selling goods. Increased sales of goods require replenishment of said goods which necessitates increased production.

    For the inevitable deficit spending. Better to draw down a savings account then to go into debt. Debt needs to be utilized for infrastructure spending. Not operational costs.

    Ideology and reality dont always coincide it seems.
     
    Cubed, Jul 17, 2020
    #30
  6. Longshot

    Longshot Well-Known Member

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    And how does buying goods and services make us able to produce more goods and services today than we were able to last week?
     
    Longshot, Jul 17, 2020
    #31
  7. Cubed

    Cubed Well-Known Member Past Donor

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    ?? I never inferred that.

    It doesn't incentivize the shifting of manufacturing supply chains to local districts.

    That's a societal issue, of how to get people to buy local.

    The discussion was about savings and GDP growth.
     
    Cubed, Jul 17, 2020
    #32
  8. Longshot

    Longshot Well-Known Member

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    Correct. It was about savings. And by what mechanism are we able to produce more boots this today than we did a year ago?
     
    Longshot, Jul 17, 2020
    #33
  9. Cubed

    Cubed Well-Known Member Past Donor

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    Ok now I'm not really sure what your trying to achieve here at all???

    The problem is that we don't produce the boots. We import them.
     
    Cubed, Jul 17, 2020
    #34
  10. Longshot

    Longshot Well-Known Member

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    I import everything I buy. I only produce one service.

    So how are more boots able to be produced today than 5 years ago?
     
    Longshot, Jul 17, 2020
    #35
  11. Cubed

    Cubed Well-Known Member Past Donor

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    Yeah I don't know what your talking about at this point.

    You've taken a simple metaphor and now it's like your taking it literally? There are no boots.
     
    Last edited: Jul 17, 2020
    Cubed, Jul 17, 2020
    #36
  12. Longshot

    Longshot Well-Known Member

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    What enables more of a good to be produced per person-hour today than 10 years ago?
     
    Longshot, Jul 17, 2020
    #37
  13. Cubed

    Cubed Well-Known Member Past Donor

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    Demand from the market
    Expansion of manufacturing capabilities
     
    Cubed, Jul 17, 2020
    #38
  14. Longshot

    Longshot Well-Known Member

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    Expansion of manufacturing facilities. Bingo. And where does the money come from to expand these facilities?
     
    Longshot, Jul 17, 2020
    #39
  15. Cubed

    Cubed Well-Known Member Past Donor

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    Yeah I'm not playing twenty questions on a message board dude. I understand how market economics work so make your point.
     
    Cubed, Jul 17, 2020
    #40
  16. Longshot

    Longshot Well-Known Member

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    Savings allows for expansion of manufacturing facilities. Savings! Imagine that. And they say that spending drives the economy!
     
    Longshot, Jul 17, 2020
    #41
  17. Cubed

    Cubed Well-Known Member Past Donor

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    ....

    Alrighty then.
     
    Cubed, Jul 17, 2020
    #42
  18. Longshot

    Longshot Well-Known Member

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    Are you agreeing or disagreeing that saving allows for expansion of manufacturing facilities?
     
    Longshot, Jul 17, 2020
    #43
  19. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    As Ayn Rand, who accepted government assistence towards the end of her life, when she found out she couldn't afford her medical bills.

    They are all hypocrites.
     
    Patricio Da Silva, Jul 17, 2020
    #44
  20. Longshot

    Longshot Well-Known Member

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    The government should govern (courts, police, military) and not be an insurer.
     
    Longshot, Jul 17, 2020
    #45
  21. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    I'd only call you a hypcrite if you published books and had courses which taught the evils of government hand outs.

    I'm not against anyone taking PPP if they need it, but you spend your life preaching that it's wrong for government to help the needy, then I'm going to call you a hypocrite.

    And, how many people in the bigger cities, where rents are close to $2k, can live on $600 per week, which is going to end soon? Welcome to the club.
     
    Last edited: Jul 17, 2020
    Patricio Da Silva, Jul 17, 2020
    #46
  22. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    So what part of my invalid brother's SSI of $800 per month would you like to cut?
     
    Patricio Da Silva, Jul 17, 2020
    #47
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  23. Longshot

    Longshot Well-Known Member

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    All of it. The government should govern (courts, police, military) and not give people money.
     
    Longshot, Jul 17, 2020
    #48
  24. Patricio Da Silva

    Patricio Da Silva Well-Known Member Donor

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    A majority of the electorate disagrees, including many republicans.

    Libertarianism is wacko (they are right about some things, but not social justice).

    Cya in November.
     
    Last edited: Jul 17, 2020
    Patricio Da Silva, Jul 17, 2020
    #49
  25. Longshot

    Longshot Well-Known Member

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    Why can't you and your friends support your disabled brother? I mean if you have 10 friends and they each chip in just $80, they could cover your brother's $800 requirement.
     
    Last edited: Jul 17, 2020
    Longshot, Jul 17, 2020
    #50
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