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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (520440)11/7/2012 8:22:58 PM
From: longnshort1 Recommendation  Read Replies (1) | Respond to of 793832
 
" I've never found a conservative anywhere who can offer a sane rebuttal, but there are plenty of them who chant your chant."

I answered your falsehood, gov never builds wealth, look at china, cuba and the USSR. china never built wealth until they excepted capitalism



To: neolib who wrote (520440)11/7/2012 8:24:19 PM
From: unclewest7 Recommendations  Read Replies (1) | Respond to of 793832
 
The USA is over $16,000,000,000,000 in debt and rising $140 Billion monthly.
That is at 2% interest, Somewhere between 3 and 6% interest something has to give/collapse.

Please explain how this indebtedness helps the US Govt to create wealth and who are the beneficiaries of that wealth.



To: neolib who wrote (520440)11/7/2012 8:30:08 PM
From: longnshort3 Recommendations  Read Replies (1) | Respond to of 793832
 
milton friedman went to china, the chinese were bragging to him about the rail system they were building, all the workers were using shovels, he told the chinese why not use bulldozers in stead of shovels, the chineses said look at all the jobs we are creating, Friedman said why don't you give them spoons and you will create more jobs but the rail system would create wealth which would raise all citizens up



To: neolib who wrote (520440)11/7/2012 8:58:01 PM
From: Nadine Carroll22 Recommendations  Read Replies (2) | Respond to of 793832
 

Well, you can chant your mantra as much as you like but I gave you a simple exercise which absolutely proves your claim is false. I've never found a conservative anywhere who can offer a sane rebuttal, but there are plenty of them who chant your chant.

No, you gave him a response which shows you don't know the difference between wealth and a paycheck.

Government can make jobs, but where does it get the money to pay the paychecks? from taxpayers. You assume that whatever the government bureaucrat does is just as productive as whatever the business taxpayer does, but this is hardly ever the case.

For a free-market business to survive, it has to produce a product somebody wants to buy. But for government activity (whether commerce or regulatory) to survive, it just has to get appropriations, and force the product on the consumers, whether they want it or not. The second kind of activity is usually unproductive at best if not counter-productive.

Every socialist society is full of factories that produce crap nobody wants, but which operate as patronage systems. Such factories waste the resources of both the people and the raw material, but unlike private factories, producing garbage will not make them shut down. Their operation is a political decision, not a business one.

That's why government doesn't produce wealth.