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beachbumbabs
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beachbumbabs
Joined: May 21, 2013
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Mission146
October 17th, 2018 at 10:42:37 AM permalink
Quote: RogerKint

Wow if that's true then government must be really inept. Can you imagine getting a 700% rebate you spent in a casino? And then you just leave? LOL. Or, you start a hedge fund make a 700% return and your investors are like "nah this is too good, I'm done". You can't make this stuff up!!!!



Government IS really, really inept. The space program didn't have the Champions in place it needed to survive budget slashing in the last 20 years. Congress needed to get rid of things when they were shutting down government all those times for running out of money.

There was no room in that climate for future investment in space, and no charismatic or powerful lobby keeping it feasible. People were bored with the shuttle doing routine things, and uneasy at the human cost of losing Challenger and Columbia.

So they didn't fund the logical next step to replace the aging shuttle program, or see the point of going to Mars, or building a moon base, so they killed the funding of that.

Nothing happens all at once, you know. But there comes a point where the funding doesn't support the mission any more, and when that point came, instead of continuing the investment with enough money to sustain it, they just cut it to put that budget elsewhere.
If the House lost every hand, they wouldn't deal the game.
RogerKint
RogerKint
Joined: Dec 5, 2011
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Mission146
October 17th, 2018 at 10:42:54 AM permalink
Quote: TigerWu

Well, the free market has really screwed the pooch on our health care system, so I'd be willing to let the government take a shot at it. Seems to work in almost every other country on earth.



Wrong, see babs' explanation of how over regulation kills competition and value for the customer. You can become a doctor what, after 90 years of education? ;)
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RogerKint
RogerKint
Joined: Dec 5, 2011
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RSMission146
October 17th, 2018 at 10:45:34 AM permalink
Quote: beachbumbabs

Government IS really, really inept.



Thank you. I will continue to vote for less governent taxes/spending while continuing to pay what I'm forced to.

What's really bothersome to me is this trend of paying for government spending by taxing future generations (borrowing money). Obviously at some point we are going to have to inflate our currency supply to pay those loans. What happens when your safe-haven cash is no longer good? What happens when our creditors no longer accept USD for payment?
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rxwine
rxwine
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Mission146
October 17th, 2018 at 10:48:50 AM permalink
The purpose of regulation is to provide a fair playing field for competition. It's other purpose is to protect us from unsafe products and practices whether it's chemical dumping or catching companies making dangerous airbags.

AND I don't care about anyone who doesn't see that, because they're idiots,.
Quasimodo? Does that name ring a bell?
VCUSkyhawk
VCUSkyhawk
Joined: Sep 22, 2013
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RogerKintMission146
October 17th, 2018 at 10:50:45 AM permalink
Quote: rxwine

The entire welfare class is the most American then.



ZING!
I got a plan, we take all your picks we reverse them like one of those twilight zone episodes where everything is the opposite. You say "black" we go white.
RogerKint
RogerKint
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AZDuffman
October 17th, 2018 at 10:53:23 AM permalink
Quote: rxwine

The purpose of regulation is to provide a fair playing field for competition. It's other purpose is to protect us from unsafe products and practices whether it's chemical dumping or catching companies making dangerous airbags.

AND I don't care about anyone who doesn't see that, because they're idiots,.



Don't call babs an idiot. She explained, better than I could, how regulation restricts entry into a particular industry which decreases competition and value for the customer. This is all economics 101.

Besides, with yelp and Amazon reviews, do we really need government regulation? ;)
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TigerWu
TigerWu
Joined: May 23, 2016
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Mission146
October 17th, 2018 at 11:11:35 AM permalink
Quote: RogerKint

Don't call babs an idiot. She explained, better than I could, how regulation restricts entry into a particular industry which decreases competition and value for the customer. This is all economics 101.



Isn't it more accurate to say SPECIFIC regulations CAN restrict entry and decrease competition? Not just "government regulation" in general...
RogerKint
RogerKint
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Mission146
October 17th, 2018 at 11:14:50 AM permalink
No, almost by definition, regulation makes it harder to enter an industry. That's the whole point. You dont want any geek off the street doing your brain surgery. Now, you could argue, like rxwine did, that regulation is necessary cause he's afraid of bad doctors or whatever (if u scurred go to church).
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TigerWu
TigerWu
Joined: May 23, 2016
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Mission146
October 17th, 2018 at 11:19:02 AM permalink
Quote: RogerKint

No, almost by definition, regulation makes it harder to enter an industry. That's the whole point. You dont want any geek off the street doing your brain surgery. Now, you could argue, like rxwine, did that regulation is necessary cause he's afraid of bad doctors or whatever (if u scurred go to church).



Ah. Well, that sounds like a good idea to me, then.
RogerKint
RogerKint
Joined: Dec 5, 2011
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Mission146
October 17th, 2018 at 11:23:11 AM permalink
Cool just make sure you like all that comes with it!

Thanks babs for the lively discussion! I hope to meet you one day.
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