--" you can't just single out the government as the one and only factor."
As I said the first time, it was the government that turned a mild-to-moderate recession into the Great Depression.
--"Could it be that having a diversified economy had helped out?"
It probably does, but I fail to see how this can be credited to the government.
--"Government services that have buffered displaced workers?"
Government services that have created a class of people dependant on government support.
--"A strong middle and questionably a lower class, with a nice distribution of wealth that doesn't leave all the power in rich investors hands?"
A large portion of the middle class are investors...
And, again, something that his little to do with government.
--"YET THERE IS NO DEPRESSION RIGHT NOW."
Monetary policy has been pretty much the same (ie. incredibly dumb) for the past eighty years. Back then it was still a shock, going from something actually close to a free market into this mess. We've largely adjusted to it, and would actually be operating fairly well if the government didn't constantly change the details of the rules. Compliance with all the minor changes is a big drain.
--"To sum up, you're a laisse faire wannabe economist, and that's a theory that never has nor never will work."
As far as it has been implemented, it has worked. The periods of the greatest overall economic growth have pretty much coincided with the periods of greatest economic freedom.
--" the people of this nation and its leaders have had to the wisdom to not only create programs, but leave them intact."
Social Security was, by FDR, meant as a temporary program, to be ended as soon as possible. How is it wise to extend the life of such a Ponzi scheme?
--"In all these programs, there are several billion dollars worth of programs that people are dependent upon."
And I really wish you would think about the consequences of statements like this. Yes, you are perfectly correct, and this is exactly the thing I'm afraid of. You seem to think this is, if not a good thing, then perfectly acceptable. I find it something to be very worried about.
--"It's called pooling resources for the greater good, (not STEALING, sensationalist)"
Taking money from people by force is stealing, whoever is doing it.
Wraith
"Anarchism is founded on the observation that since few men are wise enough to rule themselves, even fewer are wise enough to rule others."
-- Edward Abbey
As I said the first time, it was the government that turned a mild-to-moderate recession into the Great Depression.
--"Could it be that having a diversified economy had helped out?"
It probably does, but I fail to see how this can be credited to the government.
--"Government services that have buffered displaced workers?"
Government services that have created a class of people dependant on government support.
--"A strong middle and questionably a lower class, with a nice distribution of wealth that doesn't leave all the power in rich investors hands?"
A large portion of the middle class are investors...
And, again, something that his little to do with government.
--"YET THERE IS NO DEPRESSION RIGHT NOW."
Monetary policy has been pretty much the same (ie. incredibly dumb) for the past eighty years. Back then it was still a shock, going from something actually close to a free market into this mess. We've largely adjusted to it, and would actually be operating fairly well if the government didn't constantly change the details of the rules. Compliance with all the minor changes is a big drain.
--"To sum up, you're a laisse faire wannabe economist, and that's a theory that never has nor never will work."
As far as it has been implemented, it has worked. The periods of the greatest overall economic growth have pretty much coincided with the periods of greatest economic freedom.
--" the people of this nation and its leaders have had to the wisdom to not only create programs, but leave them intact."
Social Security was, by FDR, meant as a temporary program, to be ended as soon as possible. How is it wise to extend the life of such a Ponzi scheme?
--"In all these programs, there are several billion dollars worth of programs that people are dependent upon."
And I really wish you would think about the consequences of statements like this. Yes, you are perfectly correct, and this is exactly the thing I'm afraid of. You seem to think this is, if not a good thing, then perfectly acceptable. I find it something to be very worried about.
--"It's called pooling resources for the greater good, (not STEALING, sensationalist)"
Taking money from people by force is stealing, whoever is doing it.
Wraith
"Anarchism is founded on the observation that since few men are wise enough to rule themselves, even fewer are wise enough to rule others."
-- Edward Abbey
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