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Politics : Formerly About Applied Materials
AMAT 261.80+0.4%12:18 PM EST
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To: Katherine Derbyshire who wrote (42810)2/28/2001 12:41:18 PM
From: Ian@SI  Read Replies (1) of 70976
 
They're willing to sacrifice the economy in the interest of the social contract.

I'm in complete disagreement with the premise behind this statement.

1. A rising tide lifts all boats.
2. Only way to guarantee a lasting, improving social contract is through a growing economy.

Any decision to deliberately sacrifice the economy is also a decision to sacrifice any pretense of a social contract whether or not the politicians realize that.

Even the bottom rung of the ladder in those countries with the strongest economies have access to food, shelter, education and healthcare; and generally have access to a much higher quality of life than the majority of those living in countries with the weakest economies can aspire.

Unfortunately, an increasing number of people with mental disorders are allowed to fall through the cracks in the strong economy countries blurring any distinction with those countries that just don't provide any support whatsoever for those people.

Ian.
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