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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: KailuaBoy who wrote (62)	9/27/2000 2:58:47 PM
From: ahhaha	Read Replies (3) \| Respond to of 24758

You should have implied it. She said: what most people forget is that the biggest beneficiaries of government largess are actually middle class. I don't agree with this at all. No one benefits from government largesse more than they would benefit if they spent the money themselves. Her claim is essentially that government knows how to spend your money better than you do. If you doubt that, ask anyone that went to a State College, or that got a government subsidized educational loan or anyone whose parents receive SS benefits and medicare. I doubt that and asking individuals this kind of question is absurd. Of course they will say they benefited, but they don't know how much more they could have benefited had they spent the money the way they wanted. It is surely they who are paying in, but they don't control how the money is paid out. It's her unintentional assumption that small differences in preference don't make a difference. It's lost in the statistical noise. This is exactly the kind of argument that everyone who resists free market philosophy puts forward including the Federal Reserve. Lurking everywhere is the pretense to knowledge and that is simply that someone designated as an expert knows more than you or knows more than the total free actions about what makes sense for individuals. This is an argument about individuals, isn't it?