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The writers of the American Thinker think that any money collected in taxes is simply gone, vanished, useless. Now, that may not be entirely false, but consider this:The money that is collected by the health insurance industry and spent on health care, salaries of company employees, dividends paid to stock holders, and money spent on lobbyists to keep their industry alive is all a part of the GDP and on the plus side of the register.The money collected by the government and spent on Medicare, and on salaries of bureaucrats who administer the program, is all government spending and therefore on the negative side of the register. Why is that?
The writers of the American Thinker think that any money collected in taxes is simply gone, vanished, useless. Now, that may not be entirely false, but consider this:
The money that is collected by the health insurance industry and spent on health care, salaries of company employees, dividends paid to stock holders, and money spent on lobbyists to keep their industry alive is all a part of the GDP and on the plus side of the register.
The money collected by the government and spent on Medicare, and on salaries of bureaucrats who administer the program, is all government spending and therefore on the negative side of the register.
Why is that?