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>government is generally bad at using capital This is hardly true, and is only "common" wisdom due to an incredibly effective PR campaign by Ronald Reagan. In
by nemothekid 5y ago
>government is generally bad at using capital
This is hardly true, and is only "common" wisdom due to an incredibly effective PR campaign by Ronald Reagan. In the 60s, when we were sending people to the moon, people didn't generally hold such contempt for government. Any large government is no more dysfunctional than a large private corporation - the inside of Google isn't all sunshine and roses.
>that it can print as much as it wants
Just because you don't see it come out of your paycheck doesn't mean it's not a tax. It's an undemocratic, flat tax that is paid with inflation.
- nec4b 5y agoReagan was the government. Also in your opinion he represent a bad government and none the less you want more government?
- nemothekid 5y ago>Also in your opinion he represent a bad government and none the less you want more government? Reagan was bad, to me, because he massively cut social programs. So yes, Reagan was bad because he made "less government". If Reagan did "more government", then I would be happy. Do you not see the obvious contradiction in your comment? If you need me to spell it out for you: 1. I am for more social spending, even if it has a "bad" ROI, because the ROI for social spending is hard to measure. 2. Regan was incredibly effective as painting government programs as woefully inefficient. 3. If Regan did more social spending, I would want more of that, but that is not who Regan was, so I do not like that.