Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (27514)	7/29/1999 1:35:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 74651

Thank you Mr. Keynes. Myself I prefer Adam Smith. Let the invisible hand do its work. The gov't. does very little than put capital to work very inefficiently. That is why the founding fathers envisioned the role of government spending as raising an Army. They figured if we are going to suck capital out of the private sector let it be spent on something that will keep us from being invaded. The gov't soaks up a lot of money that should be put to work in supplying more goods through productivity improvements so we will have more goods chasing the dollars rather than the other way around. Can you please tell me what productivity gain comes from the government army of bureaucrats? We wouldn't need all this monetary magic if the gov't. would not overspend what they get from an already overtaxed populace. JFD