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GDP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part 12
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Originally posted by GP
Oh...don't post the same crap. We've all done the natural rights one to death. Talk some Nash Equilibrium if you want to get geeky on the Game Theory. That will get me off.
Anyway, I can't think of anything else to say except to disagree that government owned industries are necessarily worse than private ones.
There, that should raise a few laughs and perhaps some howls of outrage.
And Ted, I wouldn't bet on your claim.Only feebs vote.
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Originally posted by Agathon
Anyway, I can't think of anything else to say except to disagree that government owned industries are necessarily worse than private ones.
There, that should raise a few laughs and perhaps some howls of outrage.
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The cause being that government industries are run for political objectives not financial ones. But if your objective function is job creation, than maybe you can make an argument.
Exactly... and they are one and the same. Because they are political they do a good job creating jobs. Of course, a great many of the jobs are useless to create (massive hidden unemployment in the government).
But it does depend on whether you value efficiency or job creation (though they don't have to be at opposites... just in the government ).“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)
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Originally posted by GP
Sort of a female soccer player build. Slim carries herself athletically. 5-6 or so. Blondish brown hairt.We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham Lincoln
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