- Joined
- Dec 4, 2013
- Messages
- 36,737
- Reaction score
- 35,850
- Gender
- Male
- Political Leaning
- Liberal
That assertion that "tax and regulation cuts are pro-business, pro jobs, pro economy, and pro capitalism" is obvious is not so obvious. Eliminating financial regulation that curbed Wall Street excesses and thus allowed Wall St. to take extreme risks caused a financial meltdown that had financial firms that were in business for a century go belly up; caused many people to lose their jobs and caused the economy an 8% decline in GDP.obviously tax and regulation cuts are pro-business, pro jobs, pro economy, and pro capitalism. Is there any sane person in the world who imagines libdemsocialism is good for an economy? Ever heard of East/West Germany, Cuba/Florida, Europe/USA, China pre and post socialism?? A child can understand this but not a liberal. America is on the brink just like Germany was on the brink in 1933!! Pure liberal ignorance is the norm in human history
and it repeats itself over and over.
In China, that has scant environmental regulations, the air gets so bad that people are urged to stay home and not work, at not only a personal cost to health, but an economic cost of loss of income and productivity.
Loss of adequate enforcement of off-shore oil drills caused the Deepwater Horizon create a severe ecological disaster that cost $65 billion -- not including the devastation of the shrimp industry and loss of employment and hit to the local economy.
You see, conservatives hold the belief, like a religion, that regulations are bad. It just isn't true. Even Adam Smith, the father of capitalism, recognized the need for regulation. His example was fire codes that protect the safety of the public.