From: utzoo!decvax!harpo!npoiv!hou5f!hou5b!hou5c!hou5e!mat
Newsgroups: net.politics
Title: Re: Re: reagan - (nf)
Article-I.D.: hou5e.208
Posted: Wed Feb 16 11:43:24 1983
Received: Sun Feb 20 08:51:12 1983
References: ima.287

We live in what is supposed to be a FREE economy.  People don't HAVE to invest,
or save, or do any number of other good things.  Business investment,
which is needed for a healthy, productive, and prosperous economy will only
occur if business people, as INDIVIDUALS, percieve that they wll profit.
Rampant inflation, and a government which rapidly changes econoomic conditions
in the name of social causes, can only DISCOURAGE business investment.  The
continuous adjustments, or tinkering, called for by Keynsian economics
have made investment risky in the minds of businessmen AND, indirectly,
consumers.  A non-activist approach by government is needed -- whether RRR's
approach is the best or not is yet to be seen.  Also, we are paying an
unforseen price for all the Keynsian tinkering ... businesspeople are
adept in maximizing their immediate profits, or position , or whatever,
even in the face of the tinkering.  Result: when the gov't tinkers,
the economy as a whole pays the price for the tinkering, but the benefits
don't come because the people whose direction or output should be affected
have avoided the mechanism.
					Sorry for the long article,
					Intellient flames welcome -- If
					you can show that I'm wrong, please
					do so.  If you hate my guts, shut up.