On 10/01/2010 12:59 PM, bpuharic wrote:
conservative jim manzi has been going head to head against liberal jon
chait regarding the effects of social democracy on economic growth

http://www.tnr.com/blog/jonathan-cha...zi-revisionism

manzi tried to make the argument that being a 'welfare state' inhibits
growth. turns out he's flat assed wrong

Do you understand:

Government cannot create wealth. Government is a consumer of wealth and
can only redistribute wealth.

Otherwise we could all be on welfare and be rich.

turns out the ONLY parameter that differentiates americans from
europeans in terms of growth is our population growth. and most of
that is from immigration

That will slow down with high unemployment and a planned onslaught of
taxation for Obama debt.

'wefare' states are just as rich as the US is.

Tell that to California, the IOU state.

so while rush limbaugh would have us believe that god mean america to
be a poor country with a small group of rich people at its head, the
evidence shows this kills a country.

It does, but then the trick to being "rich" is as simple as: spend less
than you make. Goes the same for people, companies and governments.
Just that liberal debt mongers don't see it the way it is. People are
so busy borrowing from the "rich" they can't help but get rich.

But far too many worship Obama and democrat debt mongers that they have
in fact sold their futures so cheaply. When you take out debt, you are
in essense volunteering for payment slavery. All the spoiled idiots
want is more cheap debt they have no intention of paying back. Just
like herion addicts. GM might be the biggest debt welcher on the block
next to governemnt, but is by no means the only debt welcher.

Read the book, The Wealthy Barber.