Who decides how to spend your money?

This_person

Well-Known Member
Millions of individuals making their own decisions in the marketplace will always allocate resources better than any centralized government planning process.
— Ronald Reagan



I really wish more people would believe this. It is perfectly true, and incredible to believe that people don't agree.
 

Larry Gude

Strung Out
Millions of individuals making their own decisions in the marketplace will always allocate resources better than any centralized government planning process.
— Ronald Reagan



I really wish more people would believe this. It is perfectly true, and incredible to believe that people don't agree.


The market place, mostly, is gone. Small business, yeah, there are choices to be made but too big to fail means just that in terms of most everything else.
 

This_person

Well-Known Member
The market place, mostly, is gone. Small business, yeah, there are choices to be made but too big to fail means just that in terms of most everything else.

And, the reason is that centralized control. Allow better competition and you will see the return of the marketplace. Slowly, but it will.
 

Larry Gude

Strung Out
And, the reason is that centralized control. Allow better competition and you will see the return of the marketplace. Slowly, but it will.

How is that going to happen, this competition? Who is going to end the big banks and big insurers? Who is going to end the big boxes? They may replace one another but they're not going away. And it's because it's what we want.

My girlfriends dad is a highly intelligent man, very worldly. He talks about how this model is changing everything and not for the better. Then he goes to Aldi to buy stuff, remarks that everything from eggs to milk is, obviously, far too cheap for the small farmer to get by let alone prosper. Yet, when asked why he buys it anyway from the 'big' guys, he looks at it as his responsibility to be the best steward he can be for his families finances. At the end of the day, things are the way they are because we're, basically, OK with it. :shrug:
 

tommyjo

New Member
Millions of individuals making their own decisions in the marketplace will always allocate resources better than any centralized government planning process.
— Ronald Reagan



I really wish more people would believe this. It is perfectly true, and incredible to believe that people don't agree.

That is incredibly simplistic....but typical of the binary thought process. Everything is good or bad.

For consumer goods sure that is true. The govt can't buy your car for you.

For roads, first responders, education, national defense, consumer protection, environmental protection...etc...it is wrong. You are not going to build a road to your office...or pay the Fire Department only if they come to YOUR house to put out a fire or drag you to the hospital.
 

Larry Gude

Strung Out
For consumer goods sure that is true. The govt can't buy your car for you. l.

Forget cash for clunkers? Harmed the used car market, and poor people, pretty bad for some time and coupled with the lies the US gummint actually engaged in against Toyota in order to help GM sales, well, it ain't buying your car for you but it's damn sure participating in the market and that's to say not one word about the stunning auto bailouts.

Add to that the gummint involvement in other consumer goods, such as the Obama-phone, tax incentives, especially in homes, student loans, gummint activity in favoring some other products, it's pretty clear that the gummint role in the economy is pretty thorough.
 

This_person

Well-Known Member
That is incredibly simplistic....but typical of the binary thought process. Everything is good or bad.

For consumer goods sure that is true. The govt can't buy your car for you.

For roads, first responders, education, national defense, consumer protection, environmental protection...etc...it is wrong. You are not going to build a road to your office...or pay the Fire Department only if they come to YOUR house to put out a fire or drag you to the hospital.

Well, I could let you in on a secret and tell you that there are many areas nationwide that have private ambulance services and you pay for it, but that would be obfuscation to the rest of your point and I want to give you your point.

You're saying that there is a reason for government, and you are correct. Roads are called for, national defense is called for, protecting one state from hurting another state through environmental damage such as polluting a river that goes through downstream states - all of these things require federal government. Education should be up to local government.

None of this, however, differs from the larger point.

The larger point is that these are the ONLY types of things that government is good for. There are good reasons for government, and even better reasons for limited government. For example, unshackle the marketplace for health insurance, and the competition that will form is likely to provide less expensive and better health insurance. If people want solar panels on their homes, they will buy it to the point that industry will invest in the R&D and make it worth people's while - no need for government intervention beyond helping the initial R&D in "the useful sciences" per the Constitution.

So, TJ, you're trying to argue and yet you're making the point for a very limited government - which is the point of Mr. Reagan's quote.
 

Larry Gude

Strung Out
But this misses the point. The goal in America is to limit competition through use of gummint power. The goal is too big to fail be it health, energy, banking, insurance, general goods or pro football.
 

This_person

Well-Known Member
But this misses the point. The goal in America is to limit competition through use of gummint power. The goal is too big to fail be it health, energy, banking, insurance, general goods or pro football.

Clearly, that's not everyone's point/goal.
 

Larry Gude

Strung Out
Clearly, that's not everyone's point/goal.

Do we agree that that is reality in these US's of A? If so, then, do we agree most want it that way? If not, then, we're saying we don't control our gummint and, if so, why bother if it's that far beyond us?
 
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