Comment 42709

By A Smith (anonymous) | Posted July 01, 2010 at 19:05:23

Kiely >> Clinton got to ride the dot com wave.

Which was a result of allowing the private sector/market to make more of the economic decisions than they do today. Why is this difficult to figure out? If you want more private sector activity, jobs, profits, then the best way to do this is to allow the private sector to grow, which means not allowing the government to tax, borrow and otherwise draw away all the private capital that the private sector needs to invest in new operations.

>> It is akin to saying "the sky is blue the grass is green, the grass must be green because the sky is blue".

No, it's more like saying, if you want green grass, you should probably treat it kindly. This means ensuring it has water, fertilizer and not too much traffic.

>> You must have some reason for believing our corporate masters can save us all

I think that corporations, to the extent that they shield owners from prosecution, are a bad thing. All shareholders are part owners of companies and therefore should share full responsibility when things go wrong. This is not the case today and it allows individuals to get off the hook when things like giant oil spills happen.

As far as my general outlook on life, the world starts and ends with individuals. I don't believe in collective rights/responsibilities and I don't like when the majority tramples the minority, just because they can. We should be free to live as we want, just as long as we don't directly infringe on other people's property (excessive noise, smells, etc), which includes one's person.

Other than that, we should be able to trade with whomever we want and keep the profits that flow from these trades. This is not the case today, not even close. Almost 40% of each dollar spent in Canada is done by some level of government, rather than the people who earn it in the first place. I believe this reduces the ability of our society to allocate capital to those who will produce the most benefits and in the long run, hurts the very people the government claims it is trying to help.

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools

Feeds