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Trickle-down economics is "wrong" according to the IMF

#19

Quote:Eric,

 

You are so dead on with alot of your thoughts.  But this is just one that for some reason you keep missing on.  A free market without "3rd Party interference" leads to either a monopoloy or an oligopoloy.  Both of which kill free markets.

 

In business, companies either try to bankrupt competitors, or they buy them out and make them part of thier own business.  In today's world, we see that all the time.  You need rules, and you need to enforce rules, that create competition and a "fair" market.  A free market with no rules pushes companies towards consolidation...  Consolidation is part of the reason we have such stagnation right now.  
 

As usual, liberal ideas about commerce work just fine until the real world intrudes. What's the most recent industry to get a new batch of regulation? Health care. What happens immediately after the government sticks its nose further in the tent? Consolidation. The free market doesn't cause this, over regulation and government intrusion cause it.

 

UnitedHealthcare trying to buy Aetna.

 

http://moneybasicsradio.com/2015/06/unit...-or-stock/

 

Anthem trying to buy Cigna and Aetna trying to buy Humana.

 

http://www.wsj.com/articles/anthem-bids-...1434821349

 

Of course Democrats want single payer and Republicans favor big business, so we're all going to get screwed. Too bad we don't have a free market solution to this madness.

“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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Trickle-down economics is "wrong" according to the IMF - by flsprtsgod - 06-22-2015, 09:33 PM



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