tag:blogger.com,1999:blog-22657443.post3099057311926293913..comments2023-12-31T03:18:37.403-06:00Comments on "E pur si muove!": Is the Government "Broke"?Lester Hunthttp://www.blogger.com/profile/14746157071827337723noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-22657443.post-1614377401752202952011-03-14T12:13:11.323-05:002011-03-14T12:13:11.323-05:00Government can only put money in the hands of one ...Government can only put money in the hands of one citizen by taking it out of the hands of another. <br /><br />I can see how that could be a "good" thing *if* the person who gets the money spends it "better" than the person who earned it in the first place -- but that is a pretty big "if," bringing both ethical and epistemological problems with it.Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-55771795468418603992011-03-14T11:12:37.582-05:002011-03-14T11:12:37.582-05:00Although social security accounts for alot of gove...Although social security accounts for alot of government spending, putting money into the hands of senior citizens creates a large part of our future economy. Don't think the growth of these drug store chains has nothing to do with social security and medicare spending. Quite a bit of our local economy is connected to the government pipeline. <br /><br />I can also understand why the Wisconsin governor extended tax breaks to corps because the private economy cannot outpace the growing government economic model as things look now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22657443.post-64611158162559500962011-03-11T09:55:57.408-06:002011-03-11T09:55:57.408-06:00Wow. Imagine the chutzpah of an undergraduate stu...Wow. Imagine the chutzpah of an undergraduate student getting into an argument about econ with Milton Friedman. Of course, he's still like that today. Quite a testimony to the persistence of character, at least in some people!Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-35283688002745407742011-03-10T23:28:28.656-06:002011-03-10T23:28:28.656-06:00Well said! I especially love the phrase "Meig...Well said! I especially love the phrase "Meigs-Moore theory".<br /><br />By the way, that video of Moore reminds me of something I saw earlier this week on Youtube, featuring a very young (and much healthier looking) Moore losing an argument with Milton Friedman: http://www.youtube.com/watch?v=cD0dmRJ0oWg<br /><br />I meant to bring this up on Wednesday, but there wasn't time.Maxhttps://www.blogger.com/profile/03284021773544449457noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-21770689580139964402011-03-10T14:46:48.973-06:002011-03-10T14:46:48.973-06:00If you mean that the root problem is not taxes, in...If you mean that the root problem is not taxes, inflation, and debt, but the spending that makes them inevitable, I agree.Lester Hunthttps://www.blogger.com/profile/14746157071827337723noreply@blogger.comtag:blogger.com,1999:blog-22657443.post-23527057574992368402011-03-10T14:30:56.408-06:002011-03-10T14:30:56.408-06:00Lester,
It's not the deficit. The issue is t...Lester,<br /><br />It's not the deficit. The issue is the amount of government spending. How much, not how we pay for it. See Landsburg's blog today: http://www.thebigquestions.com/blog/Bubbanoreply@blogger.com