DesideriScuri
Posts: 12225
Joined: 1/18/2012 Status: offline
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quote:
ORIGINAL: joether All the Republicans voted agaisn the American Recovery and Reinvestment Act of 2009, but the grand majority of them took money in secret (or as secret as one can handle). The purpose of the ARRA was NOT to have the economy turn into a mega-boom time (i.e. the Dot Com era). It was to stop the nation from sliding into a depression. The bill actually allowed most industries to stop the downward spiral and some of them starting bouncing back. Rep. Ryan, if he's an actual economist knows this effect very well, but unfortunately he wears the 'Republican' shirt and so, can not admit the bill was a good idea at the time. Certainly he can not admit it now as the GOP Vice President canidate, without completely undermining his chances. He is trying to get elected, so rather than admit the facts, he'll push the lies as much as he can. And he isnt the only Republicans in office at the time, that secretly took money while publically bashing the President and the ARRA. Economists also know that government intervention (beyond a certain point that was passed long, long ago) skews markets that will either require continued intervention or will cause future market failures when returned back to "normal." Subsidies are forms of price controls, and have not been proven to make markets work for optimal efficiency. What would happen to E-85 sales if the subsidies were removed? What would happen to gasoline sales if Big Oil incentives were removed? What would happen if all subsidies were removed, from all businesses? Boy, I sure would like to see an across-the-board end to all subsidies for Businesses. End Government's ability to pick winners and losers. Let the market do that. That's pretty much the point of even having a market.
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What I support: - A Conservative interpretation of the US Constitution
- Personal Responsibility
- Help for the truly needy
- Limited Government
- Consumption Tax (non-profit charities and food exempt)
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