Governments are not direct producers of goods or services; rather, they acquire funds through various means to finance their activities. Here's the case for why governments are perceived to generate nothing but obtain funds through taxing, borrowing, or printing:
#Taxation: Governments collect revenue by imposing taxes on individuals, businesses, and other entities. Taxes serve as a primary source of income to fund public services, infrastructure, and various government functions.
#Borrowing: Governments often borrow money by issuing bonds or taking loans. This debt allows them to finance projects, cover budget deficits, or respond to economic challenges. Repayment typically involves using future tax revenue.
#Money Printing (Monetary Policy): Central banks, often influenced by government fiscal policies, have the authority to print money. While this can provide a short-term solution, excessive money supply can lead to inflation, reducing the currency's value over time.
While these mechanisms fund government activities, it's important to note that governments play a crucial role in providing public goods, enforcing laws, and maintaining infrastructure. At least they should…the challenge lies in balancing financial management and managing human corruption to ensure sustainability and avoid adverse economic consequences.