Quote:
Originally posted by Gattigap
I know you're kinda persona non grata as it is, but I think the GOP keeps extra stakes on hand to burn heretics who write shit like this.
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We got Arnold to support the increase in the minimun wage and so far no villagers with torches and stakes have arrived at my house. The Adam Smith society of San Diego county has asked for my head on a platter, but they don't seem to have much pull.
I call them Economic fundamentalists. Free markets have become a religion with no rational basis for these guys. The first rule of economics is practical results trump all theory. These guys are just like the socialists they detest. Socialists and anti free trade zealots simply ignore the effects their proposed policies have had around the world. Like the opponents of CAFTA, they say all these terrible things will happen when CAFTA is implemented, but of course no free trade agreement has ever hurt a country. They can't point to one free trade aspect of CAFTA that has had a net negative result for a country when implemented in prior agreements. But they ignore that and go back to "theoretical" reasons why it won't work.
The Free Market zealots are the same way. When certain free market philosophies have failed, they just ignore the facts and stick to theory.