Alliedassault - View Single Post - US government warns it's running out of cash

c312 · 01-03-2006, 12:24 PM

I said they were for the most part laissez faire, but some things contradict that theory. The taxes are to raise income so that the country can function so that's an acceptable violation of laissez faire...the anti-trust stuff is not laissez faire, and I said that in my earlier post, but it hardly ever happens and it's only for regulatory reasons. Other than that, the American government is very uninvolved with the economy because it has been that way forever and we want to keep it that way as much as possible. Earlier you were trying to tell me that the United States favors a government controlled economy, which is untrue. We were based on Adam Smith's beleifs of capitalism and the policy of laissez faire. Even if changes have occurred that aren't necessarily compliant with these policies, we still live by them for the most part.

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c312 is Offline Command Sergeant Major Posts: 2,769 Join Date: Jul 2005 Location: Virginia	01-03-2006, 12:24 PM I said they were for the most part laissez faire, but some things contradict that theory. The taxes are to raise income so that the country can function so that's an acceptable violation of laissez faire...the anti-trust stuff is not laissez faire, and I said that in my earlier post, but it hardly ever happens and it's only for regulatory reasons. Other than that, the American government is very uninvolved with the economy because it has been that way forever and we want to keep it that way as much as possible. Earlier you were trying to tell me that the United States favors a government controlled economy, which is untrue. We were based on Adam Smith's beleifs of capitalism and the policy of laissez faire. Even if changes have occurred that aren't necessarily compliant with these policies, we still live by them for the most part.