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Why does President Obama not know how the free market system works?
11-19-2012, 03:16 AM
Post: #11
neil s Offline
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The US doesn't have a free market, and never has. In fact, no country has had a free market for over a century. That's because an unregulated market is too volatile and creates too much misery for the majority of people. Even Adam Smith recognized this, saying that regulation was needed and should generally be in favor of the worker.
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Messages In This Thread
[] - Matthew D Rises - 11-19-2012, 03:16 AM
[] - BruceN - 11-19-2012, 03:16 AM
[] - kwhotrods - 11-19-2012, 03:16 AM
[] - Laroh - 11-19-2012, 03:16 AM
[] - Ms. Information - 11-19-2012, 03:16 AM
[] - Ken C - 11-19-2012, 03:16 AM
[] - irongrama - 11-19-2012, 03:16 AM
[] - commish - 11-19-2012, 03:16 AM
[] - Jim - 11-19-2012, 03:16 AM
[] - neil s - 11-19-2012 03:16 AM
[] - realistic girl - 11-19-2012, 03:16 AM
[] - magick - 11-19-2012, 03:16 AM
[] - Weise Ente - 11-19-2012, 03:16 AM
[] - thepewterguy - 11-19-2012, 03:16 AM
[] - Mike S - 11-19-2012, 03:16 AM
[] - James - 11-19-2012, 03:16 AM
[] - Jim - 11-19-2012, 03:16 AM

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