Originally posted by: marincounty
Finland and Sweden are totally free market countries?
The reason I was talking up California, because some idiot called me an idiot socialist and said California was a socialist wasteland.
None of this is true.
And tell me again how the technology revolution happened without the Silicon Valley and California. I think IBM maintains research facilities in California, I never claimed they were based here.
The great depression was caused by adherence to free market principles, without proper checks and balances . You did notice that the solution to the great depression involved massive govt make work programs (socialism) and was successful.
Try and respond with facts, not personal attacks.
If you look at the US's economic growth, you'll find that when we entered trade agreements and lowered tariffs, our grow soared...The great depression was caused by the failure of the banking industry, not free market economy. Oh, and the solution to the great depression was WW2 and the lifting of trade barriers, not socialist programs (which failed for 10 years before WW2).