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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (116373)7/23/2009 9:03:13 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 542122
 
I don't want to discuss it, but I find your post edifying.



To: JohnM who wrote (116373)7/23/2009 11:09:28 PM
From: Bearcatbob  Read Replies (2) | Respond to of 542122
 
John,

I would like to discuss this one further.

"(1) it's a very bad fit for complex, modern societies in which a functioning, stable economy is central to all activities and thus requires both governmental regulation and management (the debate is really about just how heavy the touch, not the touch itself; your horse analogy assumes that the horse is best off without any weight);"

Let us simply look at the current steady state condition. The economy has been functioning on the basis of the prevailing conditions. If we want to improve the function of the economy we need to do things to help. If we do things that do not help it will not improve (ie weight on or off the horse).

It is not about a zero weight - it is about changes in weight. What we have now is increasing uncertainty in labor costs, increasing uncertainty in energy costs and new uncertainties in the rule of law. On the plus side we have very cheap money. Two things are necessary - first certainty and second some help to ease the burden of new government imposed costs. In my mind economic growth and hence the well being we all claim to want requires the economy to function better. The added burdens working their way through Congress will hurt - not help - imo.

Bob