patrick.net

The biggest engine_of_economic growth_8_ways taxpayers_and the government are_necessary_to_capitalism (Alternet.org )

Eight ways...

Number 5 is one of the the biggest if not the biggest. Think of the "defense" companies and how much they depend on the government (not saying it is all bad, just that much of the spending with taxpayer dollars has benefited them). Companies such as Grumman, McDonnell-Douglas, Northrup, Raytheon, etc.

Dating back to Ronald Reagan, and even before, conservatives have constantly attacked government. The drumbeat repeats the notion that the private sector can do everything better. “Privatize everything" is the mantra. It’s hard to imagine anything more destructive to our economy.  This presidential season, GOP candidates have revved up the maligning of government, and even liberals and Democrats join in the chorus, spreading the big lie that government is too big, corrupt and wasteful without understanding just what government provides the economy and society.  A big part of the message is that the private sector is responsible for the progress...

#politics