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competentone competentone is offline
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Join Date: Mar 2004
Location: Summerville, SC
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Quote:
Originally Posted by Porsche-O-Phile View Post
It seems to me that these kind of bogus "add-on" things that are largely just nuisances and wastes of time to anyone with half a brain out there, and the individuals/businesses that promulgate them are among the first to get "cut" in a recession or depression.
Yes, normally in a recession/depression the "waste" would be cut first, if we lived in a free-market economy.

Unfortunately, we live in a mixed economy with some free market action and a lot of government intervention. The biggest "waste businesses" -- the debt peddlers -- have positioned themselves so they are intimately connected with the political power brokers in the government.

If you have been paying attention to recent events in the economy, you will understand that the "waste businesses" are being kept alive through government edict and expropriated wealth from the efficient businesses.

No wide-spread "economic honesty" will arise in our economy because of the government's actions preventing it.
Old 11-08-2008, 08:55 PM
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