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From an economic perspective, that's an argument in favor of Google. When private companies miscalculate or mismanage, their products and investments don't make
by danenania 16y ago
From an economic perspective, that's an argument in favor of Google. When private companies miscalculate or mismanage, their products and investments don't make profits and fail, thus freeing up resources for better uses. When government programs are poorly run, they go over budget and often use that as a justification for asking for MORE money. There is no incentive to be efficient or diligent when someone else foots the bill.
- codexon 16y agoYou make it sound like no government program has ever been cut or removed. You also make it sound like private companies can do no wrong, and that customers always act in their best interest like rational agents. This is a fallacy learned in every ECON 101 class. Millions, even billions of dollars are siphoned off in people buying useless products like Acai Berry or junk bonds labled as AAA that do nothing for society or even themselves. Now imagine what other useless industries these people would invest given that a company like Google could make so many flops? That is essentially X times more waste where X is the percentage that these junk dealers reinvest. As someone said more eloquently than I have: "Why do I need your government nanny state telling me how to build my cars? If people who drive my cars die, then they won't buy more cars. THE FREE MARKET WORKS PEOPLE."
- noglorp 16y agoHey now, just because anti-oxidants aren't magical doesn't mean they aren't freakin anti-oxidants!