Comment 27946

By A Smith (anonymous) | Posted December 20, 2008 at 06:41:03

Mr.Meister, I have given you my answer, I said I would try to help everybody I could if there were no government programs, so please stop telling me I haven't answered your question.

As to your idea about removing bans on private health care, that's a great idea. Why is it we are allowed to buy girlie magazines, cigarettes, junk food and yet we are not allowed to buy medical treatment for our children? This is very strange considering that politicians claim to want to help us.

Regarding the Great Depression, please look at the actual numbers rather than just regurgitating popular opinion. The fact of the matter is, economic output rebounded in 1934, way before WWII. In fact, from 1934 to 1940, real gdp averaged 7.2%, almost 3x what we average these days. Furthermore, if confidence was all it took to keep an economy producing real output, why is it that recessions tend to start at the height of economic exuberance. Moreover, recessions tend to end, when people still think that the economy is weak. The fact of the matter is, recessions start when government social spending outpaces that of the private sector. It has nothing to do with confidence, unless you are referring to overconfidence, in which case I agree.

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