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TrollBuster9090

(5,954 posts)

13. More importantly, government is supposed to do the things the free market can't and WON'T do

Wed May 23, 2012, 08:52 AM

May 2012

because there is no profit in it. Libertarians, of course, foolishly believe that the free market can do EVERYTHING, and if it fails to do so it's because the market wasn't de-regulated enough. A very convenient 'no true Scotsman' fallacy. But we all know that if Libertarians were left to run things they'd STILL be waiting for the free market to end SLAVERY.

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Can You Name the Last Two Presidents who Were Elected with A Business Background? [View all] louis c May 2012 OP

I got one of the two jsmirman May 2012 #1

Yup - the only reason businessmen are elected is to screw us over. Initech May 2012 #2

I hate it when people think someone should be elected to "run government like a business." trotsky May 2012 #3

More importantly, government is supposed to do the things the free market can't and WON'T do TrollBuster9090 May 2012 #13

Bingo. The Constitution clearly states that one of the main functions of our government PA Democrat May 2012 #16

Other presidents as businessmen aristocles May 2012 #4

See... Harding was my second choice jsmirman May 2012 #6

They never even discussed their tangential associations with business, except Hoover and Bush louis c May 2012 #8

There was a lot of discussion of G H W Bush's role in Zapata FarCenter May 2012 #10

That's a far cry from tauting one's business credentials (NT) louis c May 2012 #32

The Warm Springs Polio Rehabilitation Center thucythucy May 2012 #14

Which of them ran on their business background though? NYC Liberal May 2012 #28

Great point AnnieK401 May 2012 #5

The next time someone says run government like a business Gman May 2012 #7

I usually say that a real businessman would eliminate most of the DoD. Ikonoklast May 2012 #12

Whose ROI? Yours and mine, or Exxon and GE? Makes a huge difference. n/t A Simple Game May 2012 #24

Imagine if the government had to account capital stock depreciation as a "loss"... Recursion May 2012 #25

When you start talking about the balance sheet Gman May 2012 #27

Ah, "Good Will" Recursion May 2012 #33

Capitalized lease? Gman May 2012 #41

Or just the accounting equation Recursion May 2012 #42

Credit to the liability for the lease, Gman May 2012 #43

Great post! CanonRay May 2012 #9

Great point! But I think Woody Allen did it better in What's Up Tiger Lilly. TrollBuster9090 May 2012 #11

And why don't Bill Clinton, George H.W. Bush, Jimmy Carter count? nt Romulox May 2012 #15

Actually Harry Truman had part ownership in a men's wear store. yellowcanine May 2012 #17

And Jimmy Carter was a peanut farmer. That is a business. yellowcanine May 2012 #18

How is a lack of business experience helpful? badtoworse May 2012 #19

Oh, god Doctor_J May 2012 #29

What an erudite response. badtoworse May 2012 #31

It's not the experience so much as the objective. baldguy May 2012 #36

I fully agree. badtoworse May 2012 #40

At the very least, a president had advisors Gman May 2012 #44

LBJ owned radio and TV stations. yellowcanine May 2012 #20

President Obama made a statement recently about just that FailureToCommunicate May 2012 #21

He was absolutely correct badtoworse May 2012 #22

Corporations are sitting on trillions in retained earnings, the "private sector" xtraxritical May 2012 #26

don't feed the troll, xx Doctor_J May 2012 #30

Do you ever post anything worth reading? badtoworse May 2012 #34

Jimmy Carter barbtries May 2012 #23

That was my first thought too RZM May 2012 #38

You give Bush too much credit eallen May 2012 #35

His"business background" was largely a failure. baldguy May 2012 #37

Important post RogerShuler May 2012 #39