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I’m often find myself impressed with the illogic of right-wing blogs. Here’s an example from a blog called Let’s Get This Right where the writer begins a paragraph with:
Liberals love to chant that “Free markets don’t work” which of course begs the question, “How do we know given that we have never tried them?”
Later on in the same paragraph he states:
Let’s be clear. There is a role for government oversight and regulation of various markets including the financial markets. These regulations also need to be national in scope as the markets operate on a national and more often international scale.
That’s just awesome. Regulation of markets is bad, yet we should regulate markets at a national or even international level.
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To be fair… I often find myself unimpressed with illogic of many blogs that try to over simplify the economy… right and left.
::: sigh :::
Point out the hypocrisy to a wingnut and they will just say “you’re a communist libtard weenie.” There’s no getting through to some of these people!
I was called a Socialist by a right-leaning economist because I said that home affordability was key to a stable housing market. To me that seems to make sense… if the average person can’t afford a house, the average person won’t live in a house and all of a sudden what do we do with all the houses? Turn everything into rentals that perform poorly financially because of how much the cost to buy?
The best market economy and governmental structure is one that has balanced forces and shares the best ideas of many different concepts. Just as in nature, pure-bred systems with no diversity are very susceptible to disease.