Milton Friedman vs the 'Spread the Wealth' Mentality

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Category:

News & Politics

Tags:

• milton friedman
• spread the wealth
• common sense capitalism

[TimeWarp66]

@rockon6191

It's actually government backed student loans that are causing these outrageously high prices. Before the government got involved with providing student loans, college tuitions were far cheaper, the vast majority of people didn't need loans.

But at that time you didn't even need a college degree to a decent job.

[VtjeP]

@hXcDiedWithHitler You understand that most OWS people are protesting corporatism not capitalism (for instance when bankers are lobbying for laws that will limit compitition or lobbying for bailout money). The OWS and tea party primarly want the same thing which is to destroy this system were politicians are bought by enterprises to misuse goverment power to help them. The difference is that OWS blames wall street/big business and the tea party blames washington.

[NoProbaloAmigo]

@Hodenkat Oops, Garmin moved to Switzerland, not Ireland.

[NoProbaloAmigo]

@Hodenkat WHY are these people investing in China, and not all is being invested in China. Also, there is increased risk investing in these developing markets, as severe as having your investment expropriated. So what is your argument? Also, that offshore law was revised, and if you look, companies had to move out of the cayman Islands, like Garmin, and they moved to Ireland.

[Hodenkat]

Sorry Mr. Friedman, but the money being invested is in jobs overseas in Chinese factories and in petrolium (which China is becoming one of the worlds largest consumers of) not here in the United States. It's also being stashed in offshore banks and holding companies in the Cayman Islands.

[Airmanf7]

mememmemillionars mememe

[MrCipriani18]

Anarcho-syndicalism rules!!!

[homersparents]

Milton Friedman for President 2012

[NoProbaloAmigo]

@MaxwellGreene1 It does not have to be? Yes, ideally, I agree with you, but you will find most "concentrations" of wealth come from legislation effectively helping entrenched businesses at the expense of smaller ones. I just don't know what is an "optimal" concentration of wealth, and I don't think legislation to "regulate" it to make it better would do any good.

[bootiack]

sick --- just awesome

[Joe11Blue]

@stebecool Friedman was a Liberal. He referred to himself as the Classical Liberal. That woman was not a Liberal, she was a Socialist. Now a lot of Socialists are running around lying their faces off and calling themselves Liberal, but they are the direct opposite of what Jefferson was when he called himself Liberal.