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


To: Tenchusatsu who wrote (559124)4/6/2010 11:21:05 PM
From: SilentZ  Respond to of 1578261
 
>Z, federal spending will continue to grow relative to the GDP unless you can do both of the following:

And if it does?

>The reason should be obvious. Democrats want a society where government spending represents more than 50% of the GDP. That's a defining characteristic of a planned economy.

Yeah. The big, bad Communists. Show of hands from the Dems here -- anyone want the U.S. to have a planned economy?

-Z



To: Tenchusatsu who wrote (559124)4/6/2010 11:33:15 PM
From: i-node5 Recommendations  Read Replies (1) | Respond to of 1578261
 
Ten - Z has clearly been sucked in by Galbraith the Younger's latest tripe. You can spot it a mile away.

"The Planned Economy". Such a crock. One of the problems with economics is most people don't live to see the damage they caused.

Henry Morganthau being the notable exception.