Comments on: The calamitous failure of conservative “Laissez-faire” economics http://www.bloggernews.net/118038 High-quality English language analysis and editorial writing on the news. Mon, 23 Nov 2009 03:20:45 +0000 http://wordpress.org/?v=2.3.3 By: Grayce http://www.bloggernews.net/118038#comment-1438993 Grayce Fri, 06 Nov 2009 04:42:46 +0000 http://www.bloggernews.net/118038#comment-1438993 The outer limits of the Depression of 1929 would be when someone dies of starvation. Left to market recovery alone, it is true that the economy might recover faster by letting the chips fall where they may. BUT, the cold hard facts say that starvation is an unacceptable chip even in a laissez-fair philosophy. Who would say it is OK for someone to starve in the richest country in the world? No one. Who would say it is only business to just lay off workers in a depression and no one care about them? Few. And who can estimate budget ahead of a disaster? No one. The outer limits of the Depression of 1929 would be when someone dies of starvation. Left to market recovery alone, it is true that the economy might recover faster by letting the chips fall where they may. BUT, the cold hard facts say that starvation is an unacceptable chip even in a laissez-fair philosophy.
Who would say it is OK for someone to starve in the richest country in the world? No one. Who would say it is only business to just lay off workers in a depression and no one care about them? Few. And who can estimate budget ahead of a disaster? No one.

]]> By: Life For Liberty http://www.bloggernews.net/118038#comment-705551 Life For Liberty Mon, 20 Oct 2008 19:20:53 +0000 http://www.bloggernews.net/118038#comment-705551 Over regulation has NEVER fix an economy, in fact, a large recession that started in 1929 could have been over in a year had it had the opportunity to fix itself naturally. Instead, the high and mighty government at the time thought that they needed to fix it hands on and cause the Great Depression that lasted over ten years. http://www.gusmorino.com/pag3/greatdepression/index.html In fact, to fix an economic crash like the one we are in, a Laissez-Faire system is seriously needed. Because in this sort of economy, companies cannot get too large to fail because the government can not put regulations on how many of these types of companies their can be. Competition would be large and jobs abundent. If one company fails, another is right behind to pick up the slack. Dont take my word for it, read about it. http://www.gusmorino.com/pag3/greatdepression/index.html Im really surprised that people havent put two and two together when it comes to the relation between government run programs, their ever increasing expansion, their continually being over budget and how they fail on a regular basis. Have you ever know a government program that has come in under budget and worked as intended? Over regulation has NEVER fix an economy, in fact, a large recession that started in 1929 could have been over in a year had it had the opportunity to fix itself naturally. Instead, the high and mighty government at the time thought that they needed to fix it hands on and cause the Great Depression that lasted over ten years. http://www.gusmorino.com/pag3/greatdepression/index.html

In fact, to fix an economic crash like the one we are in, a Laissez-Faire system is seriously needed. Because in this sort of economy, companies cannot get too large to fail because the government can not put regulations on how many of these types of companies their can be. Competition would be large and jobs abundent. If one company fails, another is right behind to pick up the slack. Dont take my word for it, read about it. http://www.gusmorino.com/pag3/greatdepression/index.html

Im really surprised that people havent put two and two together when it comes to the relation between government run programs, their ever increasing expansion, their continually being over budget and how they fail on a regular basis. Have you ever know a government program that has come in under budget and worked as intended?

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