On Jun 3, 2011, at 8:35 AM, Bruce Johnson wrote: > > On Jun 3, 2011, at 7:02 AM, Francis Drouillard wrote: > >> It's time to try the tried and true methods of less government spending and >> a smaller public sector, lower taxes and fewer regulations to stimulate >> growth in the private sector. > > When was this ever actually tried and proven true?
Yes. Witness the first few hundred years of the US of A. And the roaring 20's. And, common sense should tell you that it is the private sector that supports the government sector. The problem is large ineffective bureaucracy with over-regulation that favors crony capitalists at the expense of everyone else. And right now, the problem is government that is far to expensive. We need to pare things down to match current revenues, which still leaves us with a HUGE federal government. Time to turn the tables. When have massive bailouts of Wall Street and huge stimulus packages ever worked? I can tell you for a fact that the stimulus money that went to "shovel ready" projects was used to pay for public sector pensions and to defer layoffs of government employees. Very little, if any, of those funds went to "shovel ready" projects. I've seen it at the state level, county level and city level. The public sector used those funds to protect their own, not stimulate the economy. John Edwards was correct in a sense. There are two Americas. There are the governed and the governing, just a Ben Franklin warned. The public employee unions have turned government service into a feeding trough. -- You received this message because you are subscribed to the Google Groups "StrataList-OT" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/stratalist-ot?hl=en.
