dbacks933

OK, so who deleted my post? Luckily I use Opera and was able to retrieve it: Those are terrible economics and a pathetic microcosm of the United States. Wealth is created from the production of goods, not from consumers destroying goods. The act of selling his goods to consumers doesn't make him wealthy, the act of producing the desirable goods makes him wealthy. If the businessman arbitrarily sets the wages he pays too low, then he will see that all of his best workers are re

Those are terrible economics and a pathetic microcosm of the United States. Wealth is created from the production of goods, not from consumers destroying goods. The act of selling his goods to consumers doesn't make him wealthy, the act of producing the desirable goods makes him wealthy. If the businessman arbitrarily sets the wages he pays too low, then he will see that all of his best workers are relocating to work for a competitive business that is offering better wages and he will

And since when is protectionism and Keynesian deficit spending "sound economics"? The government can't inflate a country out of recession with "stimulus" which will only postpone and exacerbate the problem. Unless the government cuts spending in proportion with the cost of this magical stimulus package (which it won't), all it will do is add to the fiscal deficit, and create inflation when the Federal Reserve system is forced to monetize it because there are no were near enough private

Fairly well written but I find a few mistakes in your economics. Your opening is precisely accurate. The government cannot create economic growth, it can only hinder it. True economic growth comes from increased production which is indeed financed by capital investment from private savings as you point out. However, you misunderstand the Fed and its role in the economy. You instinctual assessment that it is unethical for the Fed to continue to raise and lower interest rates