veni vidi vici
Active Member
Originally Posted by stdreb27
http:///forum/post/2785603
There is nothing "unregulated" about our economy. But comparative to say, Europe, it is better. If you want to look at HIGHLY regulated economies, you don't have to look far to see failure. You have liberals running around crying the sky is falling (even before this recent episode) and advocating more government control. But if you look at democracies with highly regulated economies and nationalized industries like health care, you'll find double digit unemployment, double digit interest rates, people who have to take the bus, can't afford to buy a house, highly inefficient health care system. There is no comparison on who has the better standard of living.
Domestically we don't have to look any further than fanny and freddy. Do you really think, if these quazi-government entities weren't buying up these junk loans, that the market would have made them in the first place?
Europe is a highly regulated market, if it was the "evil bush policy of deregulation (which I'll debate, bush is no deregulator) then why are these highly controlled markets overseas collapsing too? They have the highly regulated markets that are suppose to be able to address this.
We tried the keynesian way of doing things, it doesn't work. Do a study on the coal industry in England, post WW2 Germany, monetary policy in south america. Just look at all of Europe today.
Again ,can we please stick with the e-mail and Hannitys America.
I dont want this to turn into a policy debate.
http:///forum/post/2785603
There is nothing "unregulated" about our economy. But comparative to say, Europe, it is better. If you want to look at HIGHLY regulated economies, you don't have to look far to see failure. You have liberals running around crying the sky is falling (even before this recent episode) and advocating more government control. But if you look at democracies with highly regulated economies and nationalized industries like health care, you'll find double digit unemployment, double digit interest rates, people who have to take the bus, can't afford to buy a house, highly inefficient health care system. There is no comparison on who has the better standard of living.
Domestically we don't have to look any further than fanny and freddy. Do you really think, if these quazi-government entities weren't buying up these junk loans, that the market would have made them in the first place?
Europe is a highly regulated market, if it was the "evil bush policy of deregulation (which I'll debate, bush is no deregulator) then why are these highly controlled markets overseas collapsing too? They have the highly regulated markets that are suppose to be able to address this.
We tried the keynesian way of doing things, it doesn't work. Do a study on the coal industry in England, post WW2 Germany, monetary policy in south america. Just look at all of Europe today.
Again ,can we please stick with the e-mail and Hannitys America.
I dont want this to turn into a policy debate.