Comments on: World War 2 Did Not Lead America Out Of Depression http://20smoney.com/2010/07/21/world-war-2-did-not-lead-america-out-of-depression/?utm_source=rss&utm_medium=rss&utm_campaign=world-war-2-did-not-lead-america-out-of-depression Aggressive Yet Responsible Wealth Building For 20-Somethings Thu, 24 May 2012 15:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Zazn http://20smoney.com/2010/07/21/world-war-2-did-not-lead-america-out-of-depression/comment-page-1/#comment-8433 Zazn Mon, 22 Nov 2010 06:20:48 +0000 http://20smoney.com/?p=2782#comment-8433 I'm not saying that government spending should be raised, in fact, there are major areas where you can cut such as MILITARY! But government should be there to help regulate the free market and stop overzealous prviatization. Would YOU want your neighborhood police to be run by a company or run by the government? The company will emphasize profit instead of safety most likely. Plus, if their officers do not do their job and protect people, they are not subject to rules like the government is. And if you are saying that they should be punished for such action... well then you are asking the government to intervene. It would be more expensive for the government to privatize security and regulate it at the same time than just doing it themselves. What we need is a BALANCE between competetive free market and government spendings, or else, either side will overwhelm the society. I'm not saying that government spending should be raised, in fact, there are major areas where you can cut such as MILITARY! But government should be there to help regulate the free market and stop overzealous prviatization. Would YOU want your neighborhood police to be run by a company or run by the government? The company will emphasize profit instead of safety most likely. Plus, if their officers do not do their job and protect people, they are not subject to rules like the government is. And if you are saying that they should be punished for such action… well then you are asking the government to intervene. It would be more expensive for the government to privatize security and regulate it at the same time than just doing it themselves.

What we need is a BALANCE between competetive free market and government spendings, or else, either side will overwhelm the society.

]]> By: Zazn http://20smoney.com/2010/07/21/world-war-2-did-not-lead-america-out-of-depression/comment-page-1/#comment-8432 Zazn Mon, 22 Nov 2010 06:20:22 +0000 http://20smoney.com/?p=2782#comment-8432 We use to be a productive (industrial) economy. In fact, during the World War II, the US could outproduce ALL the other major world powers - COMBINED!!! Because of this, we were able to provide resources and products to our nation as well as many other nations. Since World War II, our nation has turned to a service oriented nation - that is, the production plants are gone. Most of the world's products now come from China, Taiwan, etc. Even if we go to war now (such as with Iraq), we will not be making our own weapons, we will be purchasing them. Another factor to note is the expansion on military spending between the time of World War II and the current time of Iraq. The defense sector and/or military sector has come to take 80 percent of the national budget. Simply put, a war today won't work because our economy is not the same, we are not going to produce our weapons, we will buy them (materials) from other countries or contract them out. Also, warefare is different today. We use to be a productive (industrial) economy. In fact, during the World War II, the US could outproduce ALL the other major world powers – COMBINED!!! Because of this, we were able to provide resources and products to our nation as well as many other nations. Since World War II, our nation has turned to a service oriented nation – that is, the production plants are gone. Most of the world's products now come from China, Taiwan, etc. Even if we go to war now (such as with Iraq), we will not be making our own weapons, we will be purchasing them. Another factor to note is the expansion on military spending between the time of World War II and the current time of Iraq. The defense sector and/or military sector has come to take 80 percent of the national budget. Simply put, a war today won't work because our economy is not the same, we are not going to produce our weapons, we will buy them (materials) from other countries or contract them out. Also, warefare is different today.

]]> By: 20smoney http://20smoney.com/2010/07/21/world-war-2-did-not-lead-america-out-of-depression/comment-page-1/#comment-6724 20smoney Wed, 21 Jul 2010 18:10:00 +0000 http://20smoney.com/?p=2782#comment-6724 Interesting point Tom, especially on today's money just flowing to Asia where things are built. Sounds like an argument for a productive export-driven economy which of course we don't have Interesting point Tom, especially on today's money just flowing to Asia where things are built. Sounds like an argument for a productive export-driven economy which of course we don't have

]]>