AndyJackson: “Your problem is that your mind works on a hinge.”
Ah, so you know how my mind works as well as being a master of all things economic?
Of course you’re right about Washington. That’s why I said we need less of it, not more. Obviously big business does as you wrote. The farm industry is a classic case. I bet most people would end farm subsidies in an instant if they knew what was going on, but most people aren’t running the country. We are led by a relatively small number of elites. Sure, occasionally someone new breaks into the party, but they are quickly marginalized or corrupted.
Like you wrote, we hardly have a free market. We are well past that. When I propose a free market and less government, I’m not asking for anarchy. I’m asking for an end to corporate welfare and the byzantine system of rules and regulations.
What you seemed to be proposing in your initial email was more government intervention and control. Yet, you yourself wrote how big oil essentially controls the government. How, therefore, do you see government solving this problem?
I could not agree more.
How, therefore, do you see government solving this problem?
There is a lot of R&D for instance that the government must do because industry won't do it (It is high risk, doesn't provide a capturable return to a private firm, is not in a business line that the business is in, etc.). There are other things such as public/private partnerships on nuclear energy, including nuclear waste, advanced nuclear design, first of a kind rector plants (remember the AEC built a lot of reactors at the beginning so .gov was not always this incompetent at everything.), providing incentives to get back into the nuclear game (high entry hurdles, regulatory risk and delay), fixing the legal system, etc.