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Thread: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by timj219 View Post
    Yes it is. In the entire HISTORY of humanity there has never ever ever been any such thing as a free market. Or unicorns.
    There is some truth to this but I would still point out that generally the closer we get to a free market the better off we are.
    "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, ... That to secure these rights, governments are instituted among men,"
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    Two truths that many Americans seem to have forgotten:
    1. Men are endowed by God with inalienable rights.
    2. Government's purpose is to secure man's God-given rights.

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by Eagle88 View Post
    There is some truth to this but I would still point out that generally the closer we get to a free market the better off we are.
    Then why have we needed to insulate key industries and services against it's influence to be successful?
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by Hoplite View Post
    Then why have we needed to insulate key industries and services against it's influence to be successful?
    We do?

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by Hoplite View Post
    Then why have we needed to insulate key industries and services against it's influence to be successful?
    We don't think that you should. Protective tariffs are demands from the left.

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by thanatos144 View Post
    Stop dodging. I already know about the failure of Roosevelt in dealing with the 1929 depression.
    Failure? If a President had the percentage of improvement that Roosevelt did in unemployment ... we would have no unemployment. Actually we would need to naturalize illegals to fill those excess jobs.
    “If we open up our borders … we could suppress wages of middle class jobs” – Alan Greenspan
    We need to suppress the wage levels of the skilled. We need to suppress wages in comparison to the “lesser skilled ” - Alan Greenspan

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by michael h View Post
    Failure? If a President had the percentage of improvement that Roosevelt did in unemployment ... we would have no unemployment. Actually we would need to naturalize illegals to fill those excess jobs.
    FDR, without the influence of war clouds in Europe, managed to get unemployment down about 5% from highs of about 25%.

    It would be great if Obama got unemployment down by 5%.

    He would be at about what Bush maintain during the bulk of his presidency.

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by thanatos144 View Post
    and yet the less government is in economy the better as history shows so what about unicorns again?
    And yet the market cannot and never has existed without govenrment involvement. So no, history most decidedly does NOT show that "the less government is in economy the better". There is not, never has been, and never ever ever will be such thing as a free market. Unicorns really cannot help us no matter how much you want it to be true.
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by Eagle88 View Post
    There is some truth to this but I would still point out that generally the closer we get to a free market the better off we are.
    Generally the more rationally we gauge the level of regulation to fit the needs of the people and the times the better off we are. And that means doing away with idiotic fantasies like the free market.
    "You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    The needs of the people is a bit broad, basically allows the government to regulate anything for any reason. Regulation should be strictly for consumer safety and to prevent fraud.

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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by timj219 View Post
    And yet the market cannot and never has existed without govenrment involvement. So no, history most decidedly does NOT show that "the less government is in economy the better". There is not, never has been, and never ever ever will be such thing as a free market. Unicorns really cannot help us no matter how much you want it to be true.
    Never have there been more interference than now. .......Hows that working for you?
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by michael h View Post
    Failure? If a President had the percentage of improvement that Roosevelt did in unemployment ... we would have no unemployment. Actually we would need to naturalize illegals to fill those excess jobs.
    Really? What was the unemployment rate in 1940, 10 years after the market crash in 1929 versus the rate in 1933 when FDR took office?

    Looks like about a 32% decrease in unemployment. Not bad.

    There was this guy named Reagan you might remember, his was from the high point in his first term, to the last report when he left office a 43% decrease in unemployment. We still had people unemployed.

    Should we start a war and blow up the rest of the world...again so we have the same success FDR did?
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by timj219 View Post
    Generally the more rationally we gauge the level of regulation to fit the needs of the people and the times the better off we are. And that means doing away with idiotic fantasies like the free market.
    The only idiots in the room are the ones who think government can intelligently regulate anything.
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by thanatos144 View Post
    Never have there been more interference than now. .......Hows that working for you?
    I'm sorry but that made me LOL. Economies have been regulated much more heavily than now for many very large parts of human history. But that's enough bites at the apple for you I'm done here. You are clearly too smart and too full of economics expertise for me.
    "You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Quote Originally Posted by 9aces View Post
    The only idiots in the room are the ones who think government can intelligently regulate anything.
    I'm guessing that would be all the educated citizens of all the human societies in recorded history. Because as we have already established, no market can exist or ever has existed without regulation. But this is becoming a waste of time. I'm done with this topic until one of you geniuses cites an example of an unregulated market economy. Until that happens you're all just dreaming of unicorns coming to our rescue.
    "You can't always write a chord ugly enough to say what you want to say, so sometimes you have to rely on a giraffe filled with whipped cream."
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    Re: Harry Reid: "Private Sector Jobs Are Doing Just Fine"

    Is there anyone left that holds anything Reid says as accurate, truthful, and in touch with reality?
    - Frustrated Independent

    "They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." - Benjamin Franklin

    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people.” - Penn Jillette amazingly enough, and I agree.

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