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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (615244)9/1/2004 10:47:58 AM
From: Neocon  Read Replies (1) of 769670
 
The market does not weed out everything, because market pressure depends upon both competition and informed consumers, and neither competition nor knowledge is perfectly distributed. That there is nothing more efficient than the market seems to have been proven. What has not been proven is that the market is will not tolerate a fair amount of inefficiency and deceit.

Yes, the government can finance its inefficiencies. But inflation automatically raises alarms, and so does slow growth. Thus, the electorate will only tolerate so much........
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