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Oh really? So when the United States subsidizes our otherwise non competitive corn industry, it leads to economic collapse? When we control oil prices by using
by jklinger410 5y ago
Oh really? So when the United States subsidizes our otherwise non competitive corn industry, it leads to economic collapse?
When we control oil prices by using reserves and trading agreements, does that cause people to fight for scraps?
How about when we subsidize silicon chip manufacturing? Did that collapse society?
You cannot, in a serious conversation, compare Soviet Union economic policies to modern socialist ideas. It's just silly.
- 988747 5y agoSubsidizing any industry is always bad for economy (because you are shifting money taken from good businesses to bad ones), it's just that the amount of subsidies given to corn industry, or even amount that can be given to chip manufacturing are nothing compared to US GDP. Try make that a general rule across the whole economy and see what happens. "Modern socialist ideas" are basically the same ideas that were already tried in Soviet Union, just dressed in fancier words.