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Thread: Obama to business owners: "You didn't build that." [W:417]

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    Re: Obama to business owners: "You didn't build that." [W:417]

    Quote Originally Posted by Romulus View Post
    Business hating Keynesian like Obama pass laws with a fatal conceit which hallucinates their ability to decide what's best for consumers. Rather than leaving it to free people to decide for themselves what they want to purchase or invest in.
    That is rather hard to read. Maybe remove the adjectives.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Boo Radley View Post
    Good roads, less discrimination, leading the world in a lot of technology and medicine (government support of R&D at major univerisites certianly helps), and the best place in the world to be poor. Quite a bit actually. I don't think you want to move to any other country, and government is actually part of the reason why.
    Less government intervention is needed if you want those societal benefits to once again thrive in America. Government gets in the way of innovation. I wont leave my country because our history reveals the best period for innovations were also the periods of least state intervention. Government grants to universities don't hold a candle to profit motive when it comes to advancements in technology or medicine. In regards to "less discrimination", I assume you mean racist laws. The institutions of slavery, segregation, jim crow etc. could not exist without the laws which backed them. The evolution of discrimination within America has been an evolution solely within the venue of government. Discrimination was of government, that eventually became corrected by government.

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Romulus View Post
    Less government intervention is needed if you want those societal benefits to once again thrive in America. Government gets in the way of innovation.....
    private businesses put man on the moon and built the atomic bomb?

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    Re: Obama to business owners: "You didn't build that." [W:417]

    Quote Originally Posted by Boo Radley View Post
    That is rather hard to read. Maybe remove the adjectives.
    Keynesians pass laws which harm the economy due to unknowable and unforeseen consequences of their actions. Better?

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Thunder View Post
    private businesses put man on the moon and built the atomic bomb?
    The private space industry is producing a better product at a lower cost than any government. I'm sure you're not advocating the societal benefits of nuclear bombs..are you?

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Romulus View Post
    The private space industry is producing a better product at a lower cost than any government. I'm sure you're not advocating the societal benefits of nuclear bombs..are you?
    um.....they prevented a third world-war. So yes, I guess I am.

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    Re: Obama to business owners: "You didn't build that." [W:417]

    Quote Originally Posted by Romulus View Post
    Keynesians pass laws which harm the economy due to unknowable and unforeseen consequences of their actions. Better?
    A little, but what laws? What consequences?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Romulus View Post
    Less government intervention is needed if you want those societal benefits to once again thrive in America. Government gets in the way of innovation. I wont leave my country because our history reveals the best period for innovations were also the periods of least state intervention. Government grants to universities don't hold a candle to profit motive when it comes to advancements in technology or medicine. In regards to "less discrimination", I assume you mean racist laws. The institutions of slavery, segregation, jim crow etc. could not exist without the laws which backed them. The evolution of discrimination within America has been an evolution solely within the venue of government. Discrimination was of government, that eventually became corrected by government.
    You mean like having our rivers catch on fire. Regualtion that stopped that was useless and harmful. Or like LA being so smog filled people died because they couldn't breath. We certainly need no reuglation there. And God knows, that the meat industry was just fine prior regulations concerning safety. Is this what you mean?

    There may be a place where somethign is over regulated, but you shouldn't speak of them in blanket form. Be specific, and deal with each one. Otherwise, we can be China with lead in toys and poisoning PB.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Boo Radley View Post
    You mean like having our rivers catch on fire.
    Regualtion that stopped that was useless and harmful. Or like LA being so smog filled people died because they couldn't breath. We certainly need no reuglation there. And God knows, that the meat industry was just fine prior regulations concerning safety. Is this what you mean?

    There may be a place where somethign is over regulated, but you shouldn't speak of them in blanket form. Be specific, and deal with each one. Otherwise, we can be China with lead in toys and poisoning PB.
    Rivers don't catch fire unless they are dammed by the government. LA is still smoggy. Other than shared hallucinations of you and Upton Sinclair, the meat industry has higher safety standards internally than the federal government imposes because their safety standards have to meet the demands of insurance actuaries.

    Need I remind you China is a communist nation with vastly more regulations over its economy than the U.S. I'm surprised you'd use China as an example of consumer product horrors.

    A little, but what laws? What consequences?
    Fair Lending acts that lead to housing bubbles, mal-investments into "green job" companies like Solyndra, stuff like that. The list can go on.

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    Re: Obama to business owners: "You didn't build that."

    Quote Originally Posted by Thunder View Post
    um.....they prevented a third world-war. So yes, I guess I am.
    I thought Bruce Springsteen ended the Cold War?

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