Do You Think Obama is a Socialist... Do You Care?

[Viper1]

Craan said:

Viper1 said:

 

In America, we have many, many social programs so we aren't afraid of serives for the benefit of the people overall.  What we don't want is the government interfering with the market because it causes bubbles and crashes (like we just had).  We also prefer that the free market handle as many of the services as possible because it tends to provide better service for cheaper than what the government can do.

 

We all want the same thing, we simply differ on who should provide it and through what means.

 

 

There have always been bubbles and crashes including before the government "interfered with it" the only thing that the so called interference does is soften the blow when the bubble burst.

1913.  What a year, eh?  That's when the government interference began causing major bubbles and crashes. 

Sure we've always had supply side recessions before then but nothing major.   It wasn't until they decided central economic planning was a necessity that we began having major booms and busts.

And no it doesn't soften the blow of a crash so much as delays the recovery greatly and compounds the problem for the next impending bust.

 

Superchunk, we already have nationalized health care for kids, the elderly and the poor.  Why do we need a far larger, more bloated, more expensive doomed to fail system to coincide with it?