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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: kash johal who wrote (108615)4/30/2000 5:01:00 PM
From: Joe NYC  Read Replies (1) | Respond to of 1576643
 
kash,

Why don't we just shoot and kill off all the poor americans and eliminate subsidies.

That way we could have a bigger tax cut for the rich and even eliminate capital gains for "everybody".


I am not sure what was in your coffee this morning. Actually, Tim's post is a little misleading, because it is not obvious that part of the text in his message is a quote from a message that he is arguing against (the part about doubling food prices). That message was posted by Bert Herman.

Joe



To: kash johal who wrote (108615)4/30/2000 11:26:00 PM
From: TimF  Read Replies (2) | Respond to of 1576643
 
RE:
Well there are lots of poor hungry folks including kids who would be hurt in a doubling of food prices.

Why don't we just shoot and kill off all the poor americans and eliminate subsidies.

Historically must subsidies have INCREASED food prices.
Eliminateing subsides, in particular price supports, would lower food prices. A free market, results in more freedom, more economic efficancy, more overall wealth, AND is often better for the poor as well. If we are going to do anything
to help the poor, then it should be done in the least economicly distorting way. Private charity, or public aid like food stamps is better then manipulating the whole market to bring down prices, and remember most government intervention in agriculture increases prices.

Tim