John McCain on 60 Minutes, 9/21/08.
Scott Pelley: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?
John McCain: No, I think the deregul...
John McCain on 60 Minutes, 9/21/08.
Scott Pelley: In 1999, you were one of the senators who helped pass deregulation of Wall Street. Do you regret that now?
John McCain: No, I think the deregulation was probably helpful to the growth of our economy.
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The main schoool thought of capitalism is to eviserate and take down ALL regulations and keep them down and pay for schools and roads with the profits from deregulation... that is a false wet dream republicans have
/The main schoool thought of capitalism is to eviserate and take down ALL regulations and keep them down and pay for schools and roads with the profits from deregulation...//
Um, the 'main school of thought' in this country is Keynesian economics, which has stagnated the economy.
Besides, Austrian and Chicago economics doesn't say roads and schools would be payed from 'profits'. Not anymore than any other private good is payed from 'profits'.
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You claim that the free market helps the rich only. That is blatantly false. Learn some economics.
It's sad seeing such ridiculous arguments against the free market like the one's below me,
Um, the 'main school of thought' in this country is Keynesian economics, which has stagnated the economy.
Besides, Austrian and Chicago economics doesn't say roads and schools would be payed from 'profits'. Not anymore than any other private good is payed from 'profits'.