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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (229993)2/22/2002 9:47:32 AM
From: MSI  Read Replies (1) | Respond to of 769667
 
Speaking of economics and Friedman/Laffer theories - what do you think of this problem:"the diversion of scarce financial human capital into the acquisition of wealth"

Larry Lindsay at Fed on dangers of the bubble

Message 17097764



To: Neocon who wrote (229993)2/22/2002 1:49:14 PM
From: goldworldnet  Read Replies (2) | Respond to of 769667
 
Regarding economics, I see democrats primarily concerned with the redistribution of wealth and republicans more concerned with the creation of wealth. I've heard it said that you could take all the money in the world and divide it equally among the people and within 6 months you would have again both poor and rich people. I believe that hypothesis and also believe that the democrat goal of redistribution is fatally flawed.

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