"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Crony Capitalism Comes With Big Government
Submitted by Westernerd on Sat, 2012-03-17 03:00
"When government is limited, both in its budget and its regulatory powers, businesses seek profits through innovation and productive activity. Big government inevitably influences business profitability because taxes lower profitability, subsidies can raise it, government expenditures can aid business projects, and regulations can provide both benefits to firms and erect barriers for their competitors. So, with big government, businesses have to turn their attention toward those activities of government that influence their profits."
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