[FoRK] Obama: communitarian, redistributionist, confused? (from NYT)

Lucas Gonze lucas.gonze at gmail.com
Tue Aug 26 11:37:29 PDT 2008


On Tue, Aug 26, 2008 at 11:05 AM, J. Andrew Rogers
<andrew at ceruleansystems.com> wrote:
> ) Explain why more capital should be put into "startups" and made less
> available to companies that would produce a superior rate of return in a
> free and fair market.  You are suggesting that redirecting capital from more
> viable companies to less viable companies is an "improvement".  What
> happened to the economy the last time the government effectively subsidized
> risk to encourage low-quality investment?  See: sub-prime lending

So your feeling that Obama's tax policies would be disastrous is based
on the idea that favoring startups is bad for the economy?

That's an interesting idea which is worth exploring, but a bit out of
the mainstream.  Consensus is that tax policy which encourages
startups is pro-business.


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