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Comment Re:Free market unleashed (Score 1) 337

Seems in Texas, "other people's money" hasn't been an issue. But we do not just hand out "welfare" to everybody who asks here...

Texas throws around a lot of other people's money to corporations. In fact, they lead the nation in giving other people's money to corporations.

http://www.bizjournals.com/san...

https://www.texasobserver.org/...

http://www.nytimes.com/2012/12...

Comment Re:Both numbers are correct, I would say. Older mo (Score 1) 135

The useful numbers for decision making are "how many people could be helped by addressing this issue?"

No, the first and primary useful number consideration is, "Now that we're 20 TRILLION dollars in debt and most new jobs are low-paying junk that barely creates any tax revenue, and we have an exploding entitlement spending problem the mere interest on the debt for which will soon displace nearly all discretionary spending ... what can we afford to research?"

You want to address the X in Y cases of Z disease in given populations? Return to producing the sort of economic health and largess that allows us to spend that kind of money in the first place. Otherwise, it's like a bankrupt person trying to decide whether to buy a new raincoat or an umbrella so they don't get their nice to outfit wet, because, you know, priorities. A house in fiscal order can spend vastly more money on everything from pure medical research to Mars missions without crushing the very economy that underwrites such things.

Comment Re:Free market unleashed (Score 3, Informative) 337

In fact, here in Texas we do this tax abatements and subsidies all the time at the state, county and city levels of government and have successfully attracted some pretty big employers to the area with tens of thousands of jobs. Take a look at Texas' unemployment numbers of you doubt this works, also look at the state's budget surplus if you doubt it is good for the economy.

The problem is, you eventually run out of other people's money to give to corporations.

I live in Texas, too. That budget surplus, though. It has its downside:

http://www.mysanantonio.com/ne...

Comment Re:Free market unleashed (Score 4, Insightful) 337

Like it or not the cost of everything in a country eventually lands on the shoulders of the productive non-business owner. It's just a fact in economy. Governments don't produce and companies can't eat costs for long or they'll cease to be.

Then wouldn't it make more sense to subsidize the consumer if you're going to subsidize anything?

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