How, exactly does budget cuts create jobs, or stimulate an economy?
Every thing you cut equals another bread winner on the street, plus another tax payers money out of the loop not to mention each laid off worker will cut way back on spending. Logically that means that budget cuts make this problem worst, not better.
Asked By: mrjonessr41 - 8/22/2011
Best Answer - Chosen by Asker
"Economist Mark Zandi of Moody's Analytics said Sunday that if all $61 billion in proposed cuts for the rest of this year were enacted, the economy's growth could be reduced by half a percentage point. Many forecasters expect the economy to grow at around 3.5% this year... More
Answered By: Ralph B - 8/22/2011
Additional Answers (12)
Answered By: Ed Jasie - 8/22/2011
So, you're saying if you lose your job and source of income that you shouldn't cut back, and instead spend and splurge your way into prosperity?
Answered By: Pfo - 8/22/2011
Because it keeps tax payers $ from going in in the first place. Has anyone here taken economics?
Answered By: RJC - 8/22/2011
The magical free market, because set the private sector free and supply will create its own demand. Except, in practice, when their is no confidence in the economy,no-one is willing to invest so supply does not rise... More
Answered By: MagpieRhino - 8/22/2011
In some ways they can (PLEASE READ THE ENTIRE POST... More
Answered By: REMOVE TAX CUTS FOR THOSE OUTSOURCING JOBS! - 8/22/2011
you are confused because you are thinking of government workers as taxpayers when in fact they are tax receipiants... More
Answered By: karl k - 8/22/2011
They don't. That's why America had better wake up to... More
Answered By: darrin b - 8/22/2011
Cutting back on government, while a good idea, is not good for the economy nor does it help the unemployment problem. Right now we need for the government to spend more on public works projects to get people working again and to put money in circulation. The wealthy corporations are just sitting on their money and... More
Answered By: Older is Better - 8/22/2011
if you cut salaries of ceos in america we would have billions for lower paying jobs
Answered By: i was Hacksaw - 8/22/2011
Logically speaking, every dollar spent by the government had to be taken out of the economy through taxation. Money in the private sector is spent or invested, take it out and there is less money being spent and invested by individuals that earned it. Yes the govt. spends that money which goes into the economy but in a... More
Answered By: Mike - 8/22/2011
If we were at full employment, then a reduction in government CONSUMPTION would mean more private consumption... More
Answered By: ObamaBot THX-1138 - 8/22/2011
During times of economic boom budget cuts can be a help to the economy because they put skilled workers back into the work force. But when the economy is bad like now such cuts will lead to a depression.
Answered By: skipjack2012 - 8/22/2011
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
We need people to fill a number of positions at Home
New job opportunities added daily. Search & apply for DC jobs now.
Click. Search. Apply. Free!
Other Career Questions
What jobs are there in the business field that are night jobs? Places and job titles please. Im have a BA in Business Admin and looking for a night job, already have a morning/day job.
Enumerate these jobs Say, patent application writting. patent application writing. In a company, what jobs are needed to keep confidential?
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.