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Old 11-16-2006, 06:57 PM
Machiavelli Incarnate
 
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Default A moral vision of economics???

"He (Friedman) has used a brilliant mind to advance a moral vision - the vision of a society where men and women are free, free to choose, but where government is not as free to override their decisions," President Bush said in 2002. "That vision has changed America, and it is changing the world." -CNN.com

>>>Nixon, Reagan and Bush all subscribed to Friedman's economics. Lemme see here, I remember Nixon for his price controls, Reagan for his voodoo policies, and Bush 43 for his tax cuts for the wealthy, exploding $10 trillion dollar debt, and "deficits don't matter" line of horseshit. Hmmmm.
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Old 11-16-2006, 07:09 PM
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Don't forget Reagan's "trickle down theory".
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Old 11-17-2006, 10:54 AM
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Quote:
Originally Posted by George O Well View Post
"He (Friedman) has used a brilliant mind to advance a moral vision - the vision of a society where men and women are free, free to choose, but where government is not as free to override their decisions," President Bush said in 2002. "That vision has changed America, and it is changing the world." -CNN.com

>>>Nixon, Reagan and Bush all subscribed to Friedman's economics. Lemme see here, I remember Nixon for his price controls, Reagan for his voodoo policies, and Bush 43 for his tax cuts for the wealthy, exploding $10 trillion dollar debt, and "deficits don't matter" line of horseshit. Hmmmm.
I see you conviently skipped over Carter and his feeble attempt at price controls (long gas lines ring a bell???), as well as his creation of the behemoth known as the Department of Education, a creation that we have been paying for with our nation's children ever since.
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Old 11-17-2006, 11:13 AM
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"I see you conviently skipped over Carter and his feeble attempt at price controls ..."

>>>See, here's how it is. Carter didn't subscribe to the Friedman School of Economic Injustice. Just Nixon, Reagan and the two Bushes.
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Old 11-17-2006, 11:30 AM
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Quote:
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"I see you conviently skipped over Carter and his feeble attempt at price controls ..."

>>>See, here's how it is. Carter didn't subscribe to the Friedman School of Economic Injustice. Just Nixon, Reagan and the two Bushes.
So which school did he prescribe to? The Karl Marx School of Capitalistic Economic Destruction??
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Old 11-17-2006, 11:41 AM
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And I assume that there will soon be a thread describing the ill-conceived choices by democratic administrations....
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Old 11-17-2006, 11:53 AM
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And I assume that there will soon be a thread describing the ill-conceived choices by democratic administrations....
>>>So you are agreeing that Republican economics ARE ill-conceived??? Good for you.
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Old 11-17-2006, 11:55 AM
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Quote:
Originally Posted by George O Well View Post
"I see you conviently skipped over Carter and his feeble attempt at price controls ..."

>>>See, here's how it is. Carter didn't subscribe to the Friedman School of Economic Injustice. Just Nixon, Reagan and the two Bushes.

How is it economic injustice to allow me to trade freely with my fellow men? When I was in college I found legitimate source of very low priced shirts. Using my limited funds I purchased $100.00 worth of shirts, which I then resold to my class mates for $300.00. Who was hurt by this transaction? The original "wholesaler" sold me shirts at a price they thought they could make a profit at, I bought them at a price I thought I could resell them at a price for, and the buyer bought reasonable quality shirts at a price that more than fit their budget. Who was the loser in this transaction?

Now, lets extend that to a corner clothing store, the same concepts apply. The store buys from a wholesaler and in turn sells to individual buyers. All are winners.

Extend even further, a Walmart or Kmart do the same once again all involved in the transaction benefit from trading with each other.

Ah, you say, if Walmart does it then the corner clothing store goes out of business. That may or may not be true, but lets assume that it is. He did not go out of business because Walmart did something wrong, but because his customers found they could get a better bargain or more clothes for the same price or whatever than they could from him. So, unless the aim is to protect the small businessman from the "greed" of the consumer I don't see where this is an injustice. He is free to choose to try to sell at the same price as Walmart, sell a higher priced product to a more select market or open another type of business

I went out of the shirt selling business because government told me (very forcefully) that I could not sell from my apartment, it wasn't zoned for commerical ventures. So, it was not any injustice of the capitalistic system, but rather of the controlled economy system so desired by the left.
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Old 11-17-2006, 02:04 PM
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Quote:
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>>>So you are agreeing that Republican economics ARE ill-conceived??? Good for you.
Not exactly. What I am asking for is a level playing field for the republicans, something for which you and others haven't provided.

To go on and ignore the fact that there have been democratic administrations that have made mistakes as well is dishonest.
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"A committee is a group of people who individually can do nothing but together can decide that nothing can be done."
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"A government that robs Peter to pay Paul can always depend on the support of Paul."
George Bernard Shaw

"Politics is the art of choosing between the disastrous and the unpalatable."
John Galbraith

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Old 11-17-2006, 03:38 PM
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Bush has hardly been shrinking the state though has he?
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