The RetrieverTraining.Net Forums The Retriever Academy
Total Retriever Training with Mike Lardy
Hawkeye Media Gunners Up Tritronics Outdoor Media
Results 1 to 2 of 2

Thread: There are 4 kinds of spending

  1. #1
    Senior Member tpaschal30's Avatar
    Join Date
    Oct 2005
    Location
    Salisbury, MD
    Posts
    263

    Default There are 4 kinds of spending

    1.You spend your money on yourself: this set of circumstances motivates you to get the best deal at the best price.

    2.You spend your money on other people: this set of circumstances motivates you to be as economical as possible.

    3.You spend other people’s money on yourself: this scenario implies cost is no object, and spending happens in accordance.

    4.You spend other people’s money on other people: in which case neither cost nor value has any meaning.

    Spending is more than just the weekly shop, it constitutes investment. When you buy a chocolate bar, you’re not just paying the store that provides it and the people who made it: you’re paying for cocoa and sugar farms, the workers on those cocoa and sugar farms, the trucks and ships that transport the sugar cane and cocoa beans, the dairies that provide the milk, the processing plants and so on. There is a cascade of investment which comes from every single purchase made, which flows up and down the supply chain. Category one and to a lesser extent, category two spending means that this investment rewards the best and most efficient producers.
    The vast majority of government spending falls into category four; earmarks can be said to be in category three. In this instance, investment allocation is not happening on the basis of efficiency, it is being done on the basis of supposition (as in category four) or on the basis of personal greed at the expense of others (category three).
    Worse, there is an effect in economics known as “crowding out”; when government expenditure increases, the amount of private expenditure and investment decreases: there is only so much liquidity in an economy at any one time and government liquidity can only happen if private liquidity reduces. If the government does more category four things, this will come at the direct expense of category one things.

  2. #2
    Senior Member Steve Amrein's Avatar
    Join Date
    Jun 2004
    Location
    St. Peters, MO
    Posts
    1,864

    Default

    This AM I bid a job that will turn out to go at a Gooberment facilaty. I asked him if he wanted me to quote something both better and cheaper. He said he had already asked and the person at the gooberment said "who gives a sh*# it not my money"

    Pretty much somes it up.
    "Communism only works in Heaven, where they don't need it, and in Hell, where they already have it" Ronald Reagan

Similar Threads

  1. Stimulus spending really work?
    By TXduckdog in forum POTUS Place - For those who talk Politics in the Gallery!
    Replies: 7
    Last Post: 10-02-2009, 01:33 PM
  2. Obami spending a billion an hour
    By Hoosier in forum POTUS Place - For those who talk Politics in the Gallery!
    Replies: 15
    Last Post: 04-04-2009, 12:50 PM
  3. Stimulus Package Spending by State
    By Paul "Happy" Gilmore in forum POTUS Place - For those who talk Politics in the Gallery!
    Replies: 4
    Last Post: 03-12-2009, 02:10 PM
  4. Government Spending vs Private Spending
    By tpaschal30 in forum POTUS Place - For those who talk Politics in the Gallery!
    Replies: 14
    Last Post: 02-19-2009, 09:36 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •