Quote:
Originally Posted by Brian-Chidester
Actually, labor rights and the New Deal DID solve the problems caused by the Markets.
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Brian,
I wasn't being condescending, at all. I am only condescending to one single person on this board and "they" all graduated, Magna Cum Laude, from a top notch Ivy League school. Since you aren't "them", you're in the clear.
The point I was trying to make, with humor, is that it can be argued that just as you claim, that labor rights, the New Deal, and unions, solved problems caused by markets, the other side of the argument is equally valid. Markets, even Market collapses, solve problems caused by some entitlement programs and some unions.
Our auto industry didn't collapse because Americans like foreign cars. It's in collapse because union contracts rendered the US automakers non-competitive v. foreign makers.
About once a year, you read an article about some proposal to import some foreign insect that will solve a problem caused by some other pest. It never seems to work out quite like it's planned.
Edited to add: Here's the latest example. This just sounds like a bad idea to me.
http://abcnews.go.com/Technology/story?id=119787&page=1
02-12-2010, 01:49 PM
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