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Author Topic: Gov't should stop picking winners and losers [Locked]
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Aerlinthian posted:

Oh misdirection? Cite the exact passages and article.



They are your articles, you should read them.
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
theredkay1 posted:

Aerlinthian posted:

Oh misdirection? Cite the exact passages and article.

They are your articles, you should read them.

Why won't you do as asked? Trying to conceal something? Maybe some context or sequence...?
vn_nnanji  4 stars
Title: Outpost Music Expert
Posts: 1,964
Registered: 2001-6-30 17:22:56
Sin_of_Onin posted:

vn_nnanji posted:

Sin_of_Onin posted:

This is also a major issue at the state and local level where states are willing to give away money to corporations in a desperate attempt to increase employment.



How would you suggest states attract new businesses without offering incentives? It's a tad more than increasing employment and it's a necessary thing for states to do.



What makes it necessary is other states doing it.



So you don't believe in competition and free enterprise? This is a simple fact of business and life and is just as true during fat times as lean. What makes it necessary is reality. What do you think states should do, flip a coin? It's natural for states to work to entice businesses to set up shop there.

I'm still waiting to find out what the problem is. So far you've simply noted simple economic realities as if they are some symptom of a greater issue, which indeed they might be, but so far removed from what you are talking about I'm having trouble seeing the problem as it relates to states courting businesses. What the hell else are they supposed to do? Hope and pray?

 

-----signature-----
Yukishiro1  4 stars
Posts: 3,243
Registered: 2002-9-20 23:52:57
The problem is that it's a race to the bottom. It creates no value. Tax policy that distorts where it makes sense to have your company located does no one any long-term favors. It is even worse than a zero-sum game because it actually ends up costing everyone because of reduced efficiency.
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
vn_nnanji posted:

So you don't believe in competition and free enterprise?



How did you get that from what I said?


Government picking winners and losers is not free enterprise by definition.


Your post makes zero sense.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
theredkay1 posted:

Aerlinthian posted:

Your Keynesian pablum has been proven wrong multiple times going all the way back to 1920.


http://www.youtube.com/watch?v=czcUmnsprQI - Tom Woods Why You've Never Heard of the Great Depression of 1920

http://www.mmisi.org/ir/44_02/woods.pdf


1920: The Great Depression That Wasn't

http://www.realclearmarkets.com/articles/2010/09/22/1920_the_great_depression_that_wasnt_98679.html


http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx



I dont know what you think the 1920 recession proves. One of the articles says it was a time when the government just sat on its heels and let the market work itself out and we came roaring out of a recession.



This is a total misdirection. One article specifically says the Fed did nothing and the economy started to recover in August 1921...but the Fed cut interest rates in May of 1921.






Aerlinthian posted:

Speaking of misdirections.....HEY LOOK OVER THERE!






read your articles
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
Yep, just as I expected. You're projecting.
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Aerlinthian posted:

Yep, just as I expected. You would think brining up the 1920s in this thread would be misdirection.



You are not only misdirecting you are blatantly wrong.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
Yes I'm wrong because the $15 trillion dollar debt, one trillion deficit and a dozen different forms of stimulus have all been fantastically effective at getting us back on track.


/sarcasm
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
Aerlinthian posted:

Yes I'm wrong because the $15 trillion dollar debt, one trillion deficit and a dozen different forms of stimulus have all been fantastically effective at getting us back on track.


/sarcasm



Now you are wrong and off topic.

 

-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!

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