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Originally Posted by ASU2003
I think that the government should protect the consumers and keep them safe from harm, when corporations don't want to change or allow greed to take over and not do what is in the best interest for society.
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Government intrusion into personal choice could get very dangerous real fast using the above as an example.
Who is best able to determine how consumers need to be protected?
Do you take away my 330 hp car?
Do you stop me from moutain biking?
Do you stop me from pecan pie - made with a touch of Jack Daniel's and topped with a warm dark chocolate sauce?
Do you take my collection of adult erotic art?
All in the name of my protection.
I guess I would want to be on that committee. I would protect what I like, and to prevent you from the things that you like that are "harmful".
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Originally Posted by hiredgun
Um, doesn't that just signify increased economic inequality?
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Yes.
Life isn't fair.
Life will never be fair.
You can either make the most of your situation or make things worse by doing nothing.
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Originally Posted by filtherton
That's too bad. I was really hoping someone of your philosophy could tell what it actually means when you claim that the economy is "working".
So much for
"I present facts supporting my point of view.
You challenge those facts or present facts supporting the opposing point of view.
I support my position with more facts or defend my original facts.
Etc
Etc.
Until you conceed to my point of view."
As i was saying above, neither. My local government has embraced the tax cutting philosophy of supply side economics with little regard to the way the resulting lack of funds will ultimately effect their ability to provide an effective police force. Which sucks. Especially since they did manage to find space in our pocketbooks to fund two new stadiums, but i suppose there's a certain supply side econ aspect to that little deal too.
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I just don't know where to go with the discussion with you. You seem to ignore data that contradicts your point of view. Example: More people own homes than ever in our history. That is a macro statistic that translates to millions of individuals (micro) enjoying the security of homeownership. More people have access to higher education than ever (macro) that translates to individuals (micro) enjoy greater career and income success. I personally know lots of people who have gone from nothing to graduating/getting good jobs/getting promotions/buying homes/enjoying life etc. Even the guy who handles the towels at my gym is saving money and talking about buying a home.