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

To: TimF who wrote (33838)3/9/2009 11:28:23 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Second worst correction in the DOW since 1896:




To: TimF who wrote (33838)3/9/2009 11:32:22 AM
From: Peter Dierks  Read Replies (1) | Respond to of 71588
 
Then it should be called a reasonable maximum size, not an optimal size.

Semantics.

Its not like this factor suddenly kicks in at 21%. It may accelerate at around that point, but its a factor at lower levels as well.

I would agree. There is most likely a minimum effective government below which the lack of predictability becomes a drag on the economy. We can look at most of the states in anarchy and see verification of that.


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