@old europe,
old europe wrote:
okie wrote:Difference in philosophies. More government drags everyone down, private enterprise raises all boats, but not all to the same degree. I think history has shown the latter has been far more successful. If you want a good comparison, take the two paths to the logical extremes, look at North Korea and South Korea, the North's GDP is virtually nothing compared to the South, and we also know the starvation that the North has suffered.
I guess if alot of poison is fatal, your liberal argument is that a little poison is still okay.
That's weird. You seem to be saying here that government or government involvement is a poison, and also that not even "a little poison" or a little bit of government involvement in the market is acceptable.
Do you seriously believe that?
Nothing weird about it. I view government as a necessary burden upon the economy, given the fact that mankind is imperfect. If mankind was perfect and totally moral, there would be little to no need for any government whatsoever. But any burden is a drag on things, and more than the necessary minimum only serves to drag things down. I suppose poison is a strong word, but it fits. Perhaps "medicine" would be a better word, and too much government is like being over-medicated to the point of rendering the body almost unable to function or be productive.
Obama's stimulus bill is primarily a "grow government" bill, exactly the opposite of what is needed to grow the economy in a healthy way. Private sector jobs are disappearing, while government jobs and wages are increasing. All this does is burden the sector that produces goods and services with having to pay for more activity that produces very little meaningful goods and services, or at least is very inefficient in doing it.
Certain basic principles apply, and one of them is government is a very inefficient engine to creating wealth. Obama believes it is, and he is just basically wrong. When you have the most basic principle wrong, your policies are going to be wrong. If your car isn't running, and the diagnosis is wrong, plus the remedy is wrong, your car is not going to get fixed right or soon.
It doesn't take a Harvard economist to figure some of this out. A country bumpkin that can balance his checkbook has more sense than the current government that can't.