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TheHeretic -> RE: They want to shut you up! (9/18/2011 8:50:17 AM)
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quote:
ORIGINAL: DeviantlyD
As for the economy recovering? I can't see into the future so I wouldn't make such a prediction. It's quite possible things may never improve to a substantial degree.
Well there's a cheerful, optimistic thought, Devia. From Hope and Change to hopeless and despairing. Now I see at the bottom of your post that your definition of "greed" requires an exploitation element, so maybe your definition of "never" includes some similar caveat, but taken at face value, I have to call your statement I snipped a load of pessimistic crapola. (If you are retired, and living between a fixed income and your life savings, maybe. Inflation is going to beat the fuck out those folks, when the tide turns.)
We have some obstacles to deal with, and wounds that need to heal. Unfortunately (IMNSHO) the government's efforts to intercede have been counter-productive to unleashing the healing powers of individual initiative, and the profit motivation. Let's say, just for example, that instead of the auto bailout money going to the companies that were failing, the same money had gone into loan guarantees for smaller concerns to come in and buy up the pieces. Let's say that a company like Peterbilt had the opportunity to pick up the GM Truck division, and slap their badge on the nose. Create a product people really want (and a hell of a lot of people would want a Peterbilt pick-up), they are going to get creative, and find a way to make it happen. We certainly wouldn't need to be offering big tax credits to try and get them off the showroom floors, either, as is happening with that electric Chevy.
The spirit of innovation and desire to do better for ourselves and our families are very much part of the American character, and that is what drives growth. It may depressed, by moods such as yours, and repressed, by burdensome regulation and an abundance of caution about more of those, but it isn't dead.
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