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


To: RetiredNow who wrote (1050271)1/24/2018 1:49:41 PM
From: Tenchusatsu1 Recommendation

Recommended By
RetiredNow

  Read Replies (2) | Respond to of 1574096
 
Mindmeld,
BTW, Capitalism is a myth in the US. We haven't truly had Capitalism in a while
That's like saying Venezuela isn't a real socialism, which is what all the socialists today claim, especially now that socialism is "cool."

By the way, capitalism isn't a system that is created. Capitalism is the default system that naturally comes about when people agree on the right to own property.

For example, let's say we're two settlers on a plot of land. You have water, and I have cattle. I can obtain the water via one of two methods:

1) Beat you up and take the water by force.
2) Agree to exchange some of my cattle for some of your water.

Option 1 is out of the question if I recognize your right to own that water. Hence the only other option is to trade, which is the basic foundation of capitalism.

That's why we have government, at least in a classical liberal system. Government is there to safeguard our rights. Only then can capitalism organically emerge and allow its citizens to grow and prosper.

That should be the only function of government. Everything else is just forced collectivism.

Tenchusatsu



To: RetiredNow who wrote (1050271)1/24/2018 9:44:21 PM
From: John Vosilla  Respond to of 1574096
 
We can't continue to double the federal debt every eight years (That works out to 9% per year MOL) unless we grow like China. Can only imagine what kind of world we will live in in 2025. I believe GOP is hoping debts and GDP both grow in the 4% range but settle for 5% deficits and 3% growth. Love or hate this president we can't continue to double the debt every eight years like the last two presidents did. Even Reaganomics for all it's nostalgia still tripled the national debt in eight years EVEN without a war.