Date: Tue, 24 Mar 2009 18:25:35 -0700 (PDT) From: Mervyn Lobo <[email protected]>
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. Mario responds: To describe something it helps to know something about it. Does any serious adult who is halfway lucid and well read believe that the USA has a socialist economy? As usual, Mervyn is wrong. When he talks about a PECULIAR socialist economy it sounds more like Canada, which is substantially left of center, depends on the US for much of its trade, for its national security if Russia tries to grab any more territory in the Arctic, as well as for any serious medical treatment for those who don't want to die while on waiting lists for their "free" health care system, which, probably works great for coughs and colds and headaches and free condoms and generic drugs whose patents have expired. http://www.cbc.ca/health/story/2007/10/15/waittimes-fraser.html Mervyn wrote: 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. Mario responds: Unfortunately, Mervyn is wrong again, either confused by something he has read in a left wing blog without any context or perspective, or proving once again how little he knows about the US economy. This is not how it works in most US corporations. Mervyn wrote: Rest assured that every aspect of socialized medicine is going to be expanded. Mario responds: That would be terrible news for Canadians, because they will have nowhere else to go to get critical treatment in a timely manner:-)) http://canadaonline.about.com/od/healthcarewaittimes/Wait_Times_for_Health_Care_in_Canada.htm Mervyn wrote: 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. Mario observes: I looked in vain for Mervyn's numbers. He hasn't provided any numbers either, so his contention is pure wishful thinking too, and if it is on par with the rest of his information about the US, wrong as well:-)) There is a reason why millions risk their lives to get into the US, patiently waiting years to get in legally, or sneaking across the borders illegally. There is a reason why the US is the world's currency of choice, regardless of the recent rumblings, since there is no rational alternative to the size and the safety of holding US dollars without hurting the very countries who hold the most dollars. The Chinese economy would collapse without their exports to the US. There is a reason why the US holds the most patents and develops the most Nobel Prize winners and accounts for many of the major inventions, and attracts the best academic minds, regardless of where the individuals responsible were born, but unable to be their best where they come from. For anyone to even suggest that this is because the US economy is not dynamic is pretty ludicrous. Mervyn wrote: Lastly, I love this Obama? Mario responds: I'm glad someone still loves him and his teleprompter because his job approval is slipping in the serious polls as illustrated below:-)) http://www.freerepublic.com/focus/f-news/2213144/posts
