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#52
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In article ,
says... On Fri, 9 Nov 2012 13:25:16 -0500, iBoaterer wrote: In article , says... On Fri, 9 Nov 2012 12:19:19 -0500, iBoaterer wrote: And especially this one! http://tinyurl.com/ah9gxaf Great link to show what industrialists can do without government help. The main government contribution I saw there was the government giving the railroads land they stole from the indians. That's all you saw??? Again, do you actually read these things you link? Completely missed this part, eh?: Pro-Business government policies o Protection of private property o Federal subsidies, loans, and land grants for railroads o Protective tariffs o Very little federal regulation of business o Very low taxes on corporate profits A few interesting quotes from that article. Very little federal regulation of business Very low taxes on corporate profits That would be a subsidy. Built without federal subsidies You cherry picked just two instances. Figures. No I didn't cherry pick anything "land grants" were just what I said, giving away land they took from the indians. Still a subsidy. I saw them say "loans" but I didn't see any examples. I have never heard about Carnegie, Vanderbilt or Morgan taking out any government loans. They had more money than the government. No but they got subsidies. Low taxes and less regulation is just the government getting out of the way, not them doing anything in a positive way. Tariffs really were not even relevant in the industries in the article. The industries were American designed and built, without any real foreign competition. No, they are subsidies. |
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#53
posted to rec.boats
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#54
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#55
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