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A comment on Denmark: No aid for companies which pay out dividends or are reg. in tax havens. Parent comment

Re:Denmark: No aid for companies which pay out dividends or ... by kortilla on Monday April 20, 2020 @01:48PM (#22926379)
The government can’t invent jobs that bring in more revenue than they cost though. If everyone does unsustainable jobs with printed money, you’ll have hyperinflation and then collapse.

> If they fail, they fail, and the government can scoop up the workers

This is a government forced failure. That’s a great way to turn every small business owner (a huge part of the middle class) against the pandemic containment efforts and the government in general.

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Re:Denmark: No aid for companies which pay out dividends or ... by RockIslandLine on Monday April 20, 2020 @10:18PM (#22931196)
"The government can’t invent jobs that bring in more revenue than they cost though."

Why not? Is there some reason why a private medical researcher is somehow better than a government medical researcher?

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Re:Denmark: No aid for companies which pay out dividends or ... by kortilla on Thursday April 23, 2020 @11:25AM (#22957019)
Because a private medical researcher has to actually be funded. In other words, the expected value of the researcher is in excess of the researcher’s cost.

Nobody pays medical researchers without expecting an ROI unless it’s for a charity (in which case it’s funded by other excess value in the economy).

There isn’t really a meaningful difference between the government spending $100 to get $2 of value and spending $100 to get $0 of value. If we’re going down the unsustainable jobs path, it would be much easier to just pay everyone $80k/year to do nothing.

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Re:Denmark: No aid for companies which pay out dividends or ... by RockIslandLine on Friday April 24, 2020 @06:37PM (#22973651)
"In other words, the expected value of the researcher is in excess of the researcher’s cost."

So what magical property of being hired by a government destroys that expected value?

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