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Post by AztecWilliam on Jul 30, 2010 21:07:51 GMT -8
Rather than attempting to make investment easier, almost all government stimulus efforts to date have focused on trying to better optimize how and where investment capital is deployed. The core assumption behind all of these programs is that a few people in government can invest money more productively than the private entities from whom the government took the money. (emphasis mine.) And there you have the quintessential issue of our day in the area of economics. Should the government run things, or should private companies and individuals make the decisions? Here's a man who has actually run a business, in addition to serving in other capacities in the private sector. You just might want to give his ideas serious consideration. www.forbes.com/2010/07/29/macroeconomics-business-keynes-opinions-columnists-warren-meyer.html?boxes=opinionschannellatestAzWm
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Post by The Great Aztec Joe on Jul 31, 2010 7:31:19 GMT -8
A very simple answer to your question William. All wealth comes from Government. Therefore, Government should manage all wealth.
Question Answered. Case Closed.
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Post by aztecwin on Jul 31, 2010 7:49:19 GMT -8
Just when does Central Planning ever work better than business reacting to consumer demand?
Never!
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Post by aztec70 on Jul 31, 2010 10:39:24 GMT -8
Our government has never tried to run the economy in the manner that Marxist/Leninist did and do. Not withstanding the stupid screeds we hear from Republicans. They lie.
What our government does is try to cushion the always present bust and boom of capitalism. The bigger the boom, the bigger the bust. I have no problem with our government doing that. If you do, I think you are a fool.
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Post by aztecwin on Jul 31, 2010 11:39:59 GMT -8
Our government has never tried to run the economy in the manner that Marxist/Leninist did and do. Not withstanding the stupid screeds we hear from Republicans. They lie. What our government does is try to cushion the always present bust and boom of capitalism. The bigger the boom, the bigger the bust. I have no problem with our government doing that. If you do, I think you are a fool. I agree we need some smoothing mechanism in place. The problem now is that government has just intruded too far into the economy. Look at what has happened to the auto industry and the Stimulus that did not stimulate.
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Post by The Great Aztec Joe on Aug 2, 2010 7:00:54 GMT -8
Our government has never tried to run the economy in the manner that Marxist/Leninist did and do. Not withstanding the stupid screeds we hear from Republicans. They lie. What our government does is try to cushion the always present bust and boom of capitalism. The bigger the boom, the bigger the bust. I have no problem with our government doing that. If you do, I think you are a fool. We need to build a Socialist Utopia with Government in total regulatory control of what we used to call Big Business. The excesses of the past need to be "IN The Past" Look at the article by Stockman that I linked to. Surely that will show you that we need to combine some of the monetary policies of a strong socialist state with the criminal court efficiency of Communist China. If we did, there would be a lot of Republicans turned into the dearly departed.
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Post by AztecWilliam on Aug 2, 2010 16:44:54 GMT -8
All I know is that the only president in my life who left office with a budget surplus was Bill Clinton. Thanks mainly to the beneficial influence of a Republican Congress. You don't think he would have been so thrifty with the Dems still in control, do you? AzWm
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Post by aztecwin on Aug 2, 2010 16:54:48 GMT -8
All I know is that the only president in my life who left office with a budget surplus was Bill Clinton. Thanks mainly to the beneficial influence of a Republican Congress. You don't think he would have been so thrifty with the Dems still in control, do you? AzWm You do have to give him credit for following along in line like a good little boy as the Conservatives led the way. I wonder in Newt will try again.
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