SI
SI
discoversearch

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


To: Road Walker who wrote (417544)9/17/2008 11:26:23 AM
From: TimF  Read Replies (1) | Respond to of 1587095
 
So you find one economist that disagrees with the idea. I can find more for you if you want. So what?

Contrary to the romantic claims about the nation's laissez-faire past, American history is a story of government intervening, time and again, to support growth.

Often to negative effect.

the idea that government cannot be of help

That's mostly attacking a straw man.

or that taxes are not worth paying

Again, attacking a strawman

And there will be no rich nation in the future that can stay wealthy without robust government, either.

A robust government doesn't require a very large and intrusive government or high taxes. Of course there will probably be no rich nation (or at least no rich large nation) in the foreseeable future that will stay wealthy without a large and intrusive government and fairly high taxes, but that's because no large rich nation will move to having a small less intrusive government, not because one will do so, and by doing so become not rich.