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Apolyton Civilization Forums : Powered by vBulletin version 2.0.3 Apolyton Civilization Forums > Miscellaneous > Archive > Off-Topic-Archive > Economy adds 625,000 jobs in last 2 months
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Oerdin is offline Oerdin
King
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Sep 2001
time: 21:35
  Old Post 24-05-2004 02:37
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Most nongovernment functions are best privitized any way. Does anyone really think the government of Mexico does a better job of running an oil company then Standard Oil (who ran it before the Mexicans nationalized it)? Did the British government do a good job of running the nationalized British automobile industry? Look at most of the big nationalized businesses in France; steel, autos, telephone, banks, even newspapers. Are those companies better or worse off when politicians make decisions for them based upon political needs instead of economic needs?

Oerdin is offline Oerdin
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Sep 2001
time: 21:35
  Old Post 24-05-2004 02:40
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Azazel: You seem to think money just grows on trees. Even governments have to live with in their means (at least in the long run) by spending less then they make. It is insane to spend half a billion dollars more then you make each year.

Cuts in spending are desperately needed.

Odin is offline Odin
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Biology Nerd at Minnesota State University Moorhead
Sep 2000
time: 23:35
  Old Post 24-05-2004 03:17
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I'm betting the gas prices and continued worries about Iraq will kill the recovery.


The best way to cut the deficit:

1. Get the corporate pork out of the millitary research buget

2. Close corporate income tax loopholes

3. Repeal the Bush give-away to the rich

4. Eliminate subsidies

Oerdin is offline Oerdin
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  Old Post 24-05-2004 03:24
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The one thing that quote about Spain missed is that a very large percentage of the imports from overseas are manufactured by US corporations. That means most of the profits end up finding their way back to the US in the end. Also Spain manufactured next to nothing while the US is the world's largest exporter.

DanS is offline DanS
Emperor
Kickball Capital of the World
Jan 1970
time: 00:35
  Old Post 24-05-2004 04:36 Visit DanS's homepage!
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quote:
I'm betting the gas prices and continued worries about Iraq will kill the recovery.


That's a very poor bet.

Oerdin is offline Oerdin
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Sep 2001
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  Old Post 24-05-2004 04:39
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In other news the Saudis announced they will increase output by 25% to help lower prices.

Laughably the Venuzuelan oil minister claimed increasing supply would have no effect on prices. It seems Chavez has destroyed the rest of his economy and now he's relying on high oil prices to save him.

DanS is offline DanS
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  Old Post 24-05-2004 05:14 Visit DanS's homepage!
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Yeh, and you know who Venezuela sells most of its oil to...

The Yankee capitalist imperialists!

 
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