thegreatdivide
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Australian Politics<br />
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Frank wrote on Dec 3 rd, 2024 at 11:33pm: thegreatdivide wrote on Dec 3 rd, 2024 at 10:48pm: Frank wrote on Dec 3 rd, 2024 at 10:12pm: greggerypeccary wrote on Dec 2 nd, 2024 at 7:16pm: Frank wrote on Dec 2 nd, 2024 at 7:12pm: greggerypeccary wrote on Dec 2 nd, 2024 at 7:03pm: Frank wrote on Dec 2 nd, 2024 at 7:01pm: greggerypeccary wrote on Dec 2 nd, 2024 at 6:59pm: aquascoot wrote on Dec 2 nd, 2024 at 1:23pm: what people need to understand is that these guys are businessmen, not politicians
what will they do?
simple
1 they will run washington like they are the CEO and deputy of a large corporation. Huge mistake. However, it'll be fun to watch. Why is it a huge mistake? Explain. Take the time to read this: A Country Is Not a Company A Country Is Not a Companyby Paul Krugman From the Magazine ( January–February 1996) In response the 'it's the economy, stupid' slogan and ethos championed by .. er.... Willy Clinton, prez. 1996, 1856, or 2026 - a country is not a company. Do yourself a favour and read the article. You might actually learn something. ECONOMICALLY it is. No it isn't. You don't want to read the book and learn, but it's very simple. A company is concerned with producing widgets, and making a profit while competing with other companies in private sector markets. A country is concerned with creating the infrastructure necessary for the companies to function efficiently; government doesn't need to "make a profit", it needs to create the conditions for the (hopefully) profit-making businesses to thrive. Krugman is correct in this instance.  You are vehemently Stupid. Take a bow. Bbwian is jealous of you. Economy late 15th century (in the sense ‘management of material resources’): from French économie, or via Latin from Greek oikonomia ‘household management’, based on oikos ‘house’ + nemein ‘manage’. Current senses date from the 17th century. So, I sorted out scoot's error, now let's highlight your error. Krugman said "a country is not a company" - correct, of course. You said " economically it is" - in bold type, imagining you had to draw a distinction between a nation's economy and its culture (hence your superfluous definition of "economy"). A nation doesn't have to make a profit, unlike companies competing in the private sector. There's the difference - regardless of a nation's culture.
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