Thread: Next recession?
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wdfifteen wdfifteen is online now
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Join Date: Mar 2008
Location: SW Ohio
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Quote:
Originally Posted by sammyg2 View Post
Our market is designed to be self-regulating and self-adjusting.
I don't think so. It gets adjusted every few years or so because it is NOT self-regulating or self-adjusting. Take a look at the 1850 to 1933 time period, when the markets were not designed, they ran themselves. Huge recessions, multiple depressions, child labor, monopolies - we had people who were filthy rich killing employees who demanded non-lethal working conditions and a living wage.
A free market is not paradise.
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Old 11-06-2018, 08:08 AM
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