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Old 11-11-2009, 01:37 AM   #11
Redux
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Quote:
Originally Posted by Urbane Guerrilla View Post
....
No, simplistic is expecting the public sector to increase the wealth or to be a jobs agency. That simply never happens -- government is part of the administrative overhead, not the wealth engine. Economists understand this, Democrats presently ignore it. Dumb....
Rewriting history again, UG?

It was Democratic programs from the New Deal and labor legislation of the 30s that ended the depression; the post-WWII programs that invested in education, built the nation's current infrastructure, underwrote the infant technology and bio-med industries, funded the aerospace industry; the civil rights legislation of the 60s that was instrumental in the creation of a Black middle class.....all of which not only created more personal wealth, but fueled the economic engine of which you speak.

Economists understood this.

Republicans and Libertarians are still in denial.

Last edited by Redux; 11-11-2009 at 01:49 AM.
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