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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (29615)9/24/2008 11:52:12 AM
From: TimF  Read Replies (2) | Respond to of 71588
 
Any time there is any private sector involvement at all in a major problem the default "solution" always seems to be more government regulation, more government spending, or even more government direct control of and perhaps ownership of assets.

It doesn't seem to matter if the government played a huge role or not, as long as there is some private sector person they can point to as either an actual villain, or a big fool who caused great harm, or just a scapegoat who can be painted as a villain.

Sometimes even when the problem or scandal was 100% within the government the "answer" is still pushed as bigger more powerful government.

I agree with Greg Newton's post (and almost recommended yours) except "In fact, it is continuing to play out almost exactly as the Great Depression did..."

And even that's not total disagreement, a few things are very similar, and others somewhat similar. But there still are many factors with the great depression that either are not present, or are (at least to this point) very small compared to the depression or the time leading up to it.