04-13-2009, 05:58 PM | #11 | |
Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
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Quote:
If the Mixed Economy was a spectrum with the right being Outright Capitalism with No government interference and the Left being Complete Socialism (Government owns and operates all the business). The US is farther to the right than Western Europe. My fear is that as the US economy continually moves left on this spectrum by more social programs, nationalizing of banks is only going to make life worse. The profit incentive gets lost. My "fearmongering" as you call it is simply pointing out that the country is moving towards the left of the spectrum. Call me a "fearmongerer" if you will but I hate government interference in the market. The more that happens the less free people become.
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