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October 2nd, 2002, 02:43 AM
#11
Senior Member
Originally posted here by preacherman481
Hi,
The Old Man, I agree with you. Bush inherited a lot of problems. This stuff was brewing before he ever got in office.
I love hearing that, it's very easy to blame the previous administration for current problems- this debate could go on forever , so I'd rather not get into it. But regardless of who caused the problems or where they came from, it is the present administration's duty to resolve them.
Originally posted here by Lucas420
Your a communist. We live in a capitalistic society where the economy is governed by business and not by the president. The free market system decides when jobs should be opened and closed. As long as I'm around, I will not let the government control the business world.
SANDMAn
While the government doesn't - and shouldn't - control the economy, it sure as hell has a huge impact on it. The US's economic system is that of free enterprise, however it is not in any way completely free from the public sector. The government plays a huge role in the US economy.
Government laws shape much of what businesses can and cannot do. The Fed manipulates interest rates and by several other methods influences the economy. Can you not tell me Alan Greenspan has no effect on the state economy? To find more on the roles of the Fed refer here: http://www.frbsf.org/publications/fe...ief/roles.html .
Do you not think that the 18th amendment of prohibition affected the economy at all? Does it not affect the economy when the national minimum wage is rased? Did WWII not help us out of the Great Depression?
The fact is our free market system, isn't totally free from government. Government is nessarry to atleast enforce the rules of a free market, but how big of a role should government play?
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