It’s not an “investment” its “spending”

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It's not an "investment" its "spending"

Invest­ment

1. In finance, the pur­chase of a finan­cial prod­uct or other item of value with an expec­ta­tion of favor­able future returns. In gen­eral terms, invest­ment means the use money in the hope of mak­ing more money.

2. In busi­ness, the pur­chase by a pro­ducer of a phys­i­cal good, such as durable equip­ment or inven­tory, in the hope of improv­ing future business.

invest­ing:

to put (money) to use, by pur­chase or expen­di­ture, in some­thing offer­ing poten­tial prof­itable returns, as inter­est, income, or appre­ci­a­tion in value.

spend­ing

to pay out, dis­burse, or expend; dis­pose of (money, wealth, resources, etc.): resist­ing the temp­ta­tion to spend one’s money.

deficit spend­ing

The amount by which a gov­ern­ment, com­pany, or individual’s spend­ing exceeds its income over a par­tic­u­lar period of time. also called deficit or called bud­get deficit.

I have had very lit­tle time to lis­ten to Morn­ing Joe lately as the Radio Show pre­mière is under 55 hours away and as the lat­est mem­ber of the 99 week club I have to be off sell­ing ads or my mort­gage will not get paid.

Today I had some time after drop­ping my son off at school and I had the dis­plea­sure of lis­ten­ing to John Kerry’s rant this morning.

In addi­tion to boast­ing about the democ­rats win in Mass­a­chu­setts (with a lit­tle help from their friends) John Kerry talked about how peo­ple have been decided by the repub­li­cans about taxes.

He repeat­edly talked about gov­ern­ment “invest­ments” but then men­tioned cor­po­rate “spend­ing” on lob­by­ists to stop good things like car­bon and energy taxes.

This is the height of lib­eral speak. So lets bluntly say aloud what needs to be said:

Gov­ern­ment doesn’t pro­duce any­thing. Every Dol­lar that Gov­ern­ment has is col­lected in taxes or fees or fines from either the pub­lic or busi­nesses. The only excep­tion I can think of are leases of gov­ern­ment (read the people’s) property.

Gov­ern­ment doesn’t invest it SPENDS. It may spend on use­ful things , the Mil­i­tary, food inspec­tions, the National Weather Ser­vice, but these are not invest­ments it is spend­ing.

Busi­ness how­ever when it spends it does so for a return. That is a true invest­ment. Even the use of lob­by­ists to effect a law is an actual invest­ment with the expec­ta­tion of a return.

I have one sim­ple rule. If an offi­cial refers to spend­ing as an invest­ment, that tells me that they can’t jus­tify it with­out wordplay.

Have some guts! If you think your spend­ing is good and worth­while and jus­ti­fi­able then call it what it is and defend it, but don’t’ insult my intel­li­gence by call­ing it an “investment”.

Investment

1. In finance, the purchase of a financial product or other item of value with an expectation of favorable future returns. In general terms, investment means the use money in the hope of making more money.

2. In business, the purchase by a producer of a physical good, such as durable equipment or inventory, in the hope of improving future business.

investing:

to put (money) to use, by purchase or expenditure, in something offering potential profitable returns, as interest, income, or appreciation in value.

spending

to pay out, disburse, or expend; dispose of (money, wealth, resources, etc.): resisting the temptation to spend one’s money.

deficit spending

The amount by which a government, company, or individual’s spending exceeds its income over a particular period of time. also called deficit or called budget deficit.

I have had very little time to listen to Morning Joe lately as the Radio Show premiere is under 55 hours away and as the latest member of the 99 week club I have to be off selling ads or my mortgage will not get paid.

Today I had some time after dropping my son off at school and I had the displeasure of listening to John Kerry’s rant this morning.

In addition to boasting about the democrats win in Massachusetts (with a little help from their friends) John Kerry talked about how people have been decided by the republicans about taxes.

He repeatedly talked about government “investments” but then mentioned corporate “spending” on lobbyists to stop good things like carbon and energy taxes.

This is the height of liberal speak. So lets bluntly say aloud what needs to be said:

Government doesn’t produce anything. Every Dollar that Government has is collected in taxes or fees or fines from either the public or businesses. The only exception I can think of are leases of government (read the people’s) property.

Government doesn’t invest it SPENDS. It may spend on useful things , the Military, food inspections, the National Weather Service, but these are not investments it is spending.

Business however when it spends it does so for a return. That is a true investment. Even the use of lobbyists to effect a law is an actual investment with the expectation of a return.

I have one simple rule. If an official refers to spending as an investment, that tells me that they can’t justify it without wordplay.

Have some guts! If you think your spending is good and worthwhile and justifiable then call it what it is and defend it, but don’t’ insult my intelligence by calling it an “investment”.