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

To: combjelly who wrote (614292)	6/2/2011 1:12:48 PM
From: Tenchusatsu	2 Recommendations Read Replies (3) \| Respond to of 1576884

CJ, > Tenchu, it works and there is plenty of proof. Every attempt at communism or socialism eventually ends up in failure. Boom and bust cycles are a fact of life, not the result of laissez-faire policies. The hands-off approach accepts that fact and puts faith in the private sector being able to absorb it all. The government-managed approach is based on the quixotic notion that regulators can control the tides of boom and bust. It never works because politics almost always messes up the process. Even the most recent fiscal crisis was helped along by politicians who wanted to cash in on the real estate craze. Tenchusatsu