Dude, I didn't say that pork doesn't contribute to overall demand.
I said, and this is a pretty obvious statement, that the ROI on pork is not positive, where as targeted spending is... therefore, it's a net loss.
I can't believe that you are legitimately arguing that pork is a good thing... it's absurd. And yes, for someone as smart as your other posts seem, I find it as though someone must have hacked your account.
I'll take the compliment.
I'm not really arguing 'Pork is good'...I'm arguing that it is a lot harder to get rid of than it is made out to be...not necessarily by you.
The problem with the 'official' pork cutters is that they do
act like it has nothing to do with demand. They act like they can balance the budget by just 'putting a stop to pork and other frivolous spending'...cut cut cut! Line item veto! If the US government cut spending to balance the budget we would see the greatest demand crash in the history of capitalism, so what they are saying is fundamentally absurd but people listen to it.
The thing with any government spending, even the most obvious pork since the discovery of bacon, is that it is multiplied by the speed of money. That multimillion dollar highway to the senator's summer home may have been a huge waste of taxpayer dollars, but those dollars bounced off the contractor into the hands of workers. The dollars that didn't bounce off went to buying the contractor's wife another car (again workers), and building an elevator in their garage (again workers) so they had room for it.
No matter what, the dollars got spent again and again and again, and even though the initial palace of porkiness was irredeemable all that re-spending supported good people doing good jobs...and when you cut pork they all get cut off at the knees. But by talking about cutting pork, or whatever spending, you distract from the root of our national financial crisis.
That root is that we get a
lot of unpaid governance. Some is pork, some is being, ahem, excessively secured, some is being allowed to take very little responsibility for our own retirement, the education of our kids, our health, etc, ad nauseum. Some of it is strictly dumping money in to prime the economy in which we all operate. In many ways pretty much all of us get a lot more than we particularly want and we would all like the 'package' narrowed down in the areas that we don't personally have an interest in. We get a
lot of governance, though not really much more than other countries get (except that excessive security part), and we
pay for about half of it.
US revenues may not be dead last any more. You mentioned a handful of countries with lower taxation and I won't root through the statistics to argue the point. But the reality is that we refuse to pay for what we get, and that is a drain that will eventually suck the source dry. And pork or not we can't afford to make any serious cuts that will crash demand so we can't cut back on what we are getting, we just have to buck up and pay for it.