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Politics : Right Wing Extremist Thread

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To: Neocon who wrote (11945)7/18/2001 1:30:11 PM
From: Father Terrence  Read Replies (1) of 59480
 
Free market pricing is the best approach. that is true, for it has been to be shown historically true.

I do not "grant," however, that today's federal government is making legitimate spending decisions. They are spending money on philosophically bankrupt programs and are still engaged in illegitimate redistribution of wealth schemes and are still robbing individual Americans and business at (virtually) the point of a gun. How "free" is that?

Even granting that the government makes legitimate spending decisions, for example, in providing for defense, the more it uses instruments like subsidy, the tax code, and regulation to control elements of the economy, the more it distorts the pricing system and leads to inefficiency, such as recession and inflation. </i<
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