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URL:  https://boards.fool.com/hi-qazulight-i-detect-with-in-your-reasoning-an-24990281.aspx

Subject:  Re: Here's your chance: Balance the Fed budget Date:  1/2/2007  3:30 PM
Author:  Dwdonhoff Number:  200167 of 603841

Hi Qazulight,

I detect with in your reasoning an unstated belief that government spending adds zero to the wealth of the nation.
I dispute that assumption.


This is an inaccurate assumption on your part.

I DO NOT believe that "government spending adds zero to the wealth of the nation."

Rather, I present that government spending is EXTREMELY RARELY as effective or as well managed as the spending of the free markets.

There are exceptions... as will forever be trotted out by the collectivists... but they are, in the end and always, simply exceptions.

I can point to the first road built between New York and Washington. It became a trade route and increased the GDP of the young nation.

Again, there ARE the showcase examples where a government sponsored project went well... but compared to the virtually endless lists of free market created developments, the conversation dies before its even born.

Ultimately... government succeeeds by accident. The INTENTIONS are usually for the best... but there is little in the way of reliable success track records to point to... always and only the exceptions.

Ironically, "collectivism" is not driven by a desire for "progress" in spite of the 'progressivism' label. Instead, collectivism tends to be emotionally driven by a desire to destroy the success of the free market mechanisms. A bitterness of enterprise (which relentlessly posts it's own track records of results) is the backbone of "progressivism."

Cheers,
Dave
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