Marlon,
I would not describe the United Socialist States of America as having a
socialist economy.
I would describe it as having a very PECULIAR socialist economy.
Here is the reason why.
When a public company makes profits, the profits are distributed only to the
risk takers or the wealthy.
When these same public companies make staggering losses, management gets a
bonus and then the losses are distributed to all those who did not take any
risks, but who are now the bearers/sharers of the losses.
Abso-social-lutely amazing!
marlon menezes wrote:
> Another dubious program from the Bush era is the largest expansion of
> socialized medicine ala its expansion of medicaid prescriptions for the
> elderly.
Rest assured that every aspect of socialized medicine is going to be expanded.
USSA manufacturers are at a competitive disadvantage verses companies in
other countries that have socialized medicine. The motor vehicle firms will be
the first to be relieved of their medical obligations. After the medical
expenses have been outsourced to the govt, and local manufacturers still cannot
compete with international firms, the USSA govt will give loans to companies
that cannot sell their products. The final socialist step will be when the govt
converts those loans into shares to become the largest share holder in the
companies that cannot sell their products. Yep, the politicians are soon going
to be appointing the directors and management of USSA firms.
> The US is still the most dynamic economy in the world, given that it is still
> the most free market economy.
The above statement only works when you provide the numbers. For example, the
numbers that compares the dynamics of the economy of China v/s that of the
USSA. With out the numbers, your contention is pure sentiment.
Lastly, I love this Obama (blessed be, his name) guy. It seems that all the TV
news channels are carrying him live, twice a week. It is almost like a
mini-series where the country cannot seem to get enough of him.
Mervyn1650Lobo
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