Why Is there money for Syria, Egypt, and Jordan, but no money for hardworking ta

1. 54

   Sheeba Nadarajanposted 10 years ago

   Why Is there money for Syria, Egypt, and Jordan, but no money for hardworking tax paying Americans?

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2. 64

   maxoxam41posted 10 years ago

   Money put offshore is considered as an investment. When you invest, you think profit. If it's not profit it is strategic, to ensure a faithful friendship. In both cases, they win.
   What would be the gain from investing in the American? More demand. But since corporations drag our economical comfort down, the demand will follow a parallel curve, shall we say an asymtotic one?

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3. 67

   LandmarkWealthposted 10 years ago

   Money should not be diverted to either.  The money diverted to foreign nations rarely if ever produces the stated benefits.  It certainly has not produced stability in the regions referenced above. 
   
   When you say money for taxpayers...that is a somewhat a myth as well.  If we simply gave money to Americans, the velocity of money would increase and the corresponding value of that money will in turn decline proportionately.  In simpler terms, if we gave everyone a million dollars, a million dollars would not be worth anything anymore.
   
   The money spent overseas has somewhat a similar impact, as this contributes to national budgetary deficits, which devalue the purchasing power of our currency when deficits are rising.  The overall money supply is something that is monitored closely by the Federal Reserve, as a too rapid expansion or contraction of the money supply can be dangerous.  Whether or not they do an adequate job of that is open for debate.  But it is amazing how many people don't understand the inflation phenomenon, and why we can't just give people money created out of thin air.

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