(Quote) Gustavo-764558 said: I have been in the Carpenters Union and I've never been told to slow down. Yes, workers mu...
(Quote) Gustavo-764558 said:
I have been in the Carpenters Union and I've never been told to slow down. Yes, workers must be productive for a place to stay in business.
I think the ideal economic model is a hybrid of capitalism AND socialism. Something based upon graduated, protected risk and reward. This current economic situation showed us the dark side of capitalism.
Perhaps you could elaborate a little. I believe in a limited government as directed in the Constitution. Their roll in business regulation should be primarily at the State level. Regulations should be limited to stopping illegal activities and encouraging a business friendly environment. I'm not sure how Government can provide a graduated, protected risk and reward or what that means for that matter. Protecting a business from risk would be impossible unless they start picking one private company over another. Guaranteeing reward or limiting reward? Could you explain further?
As far as this current economic situation, I submit that it is massive Government regulation that causes abnormally sizes swings in the economic cycles. The prime example or culprit in the Making Homes Affordable Act, which not only encouraged banks to lend to people who could not afford homes, but threatened with fines if they did not lend. This is the true heart of the current economies situation in which I blame Chris Dodd and Barney Frank as Bush 43 warned congers in 2006 to the impending crash. Dodd and Frank insisted that all was well. The problems are much deeper than that, but this is just a simplified assessment.