anvi
anvikshiki
YaBB God
Posts: 4,400
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« on: March 04, 2012, 04:51:37 PM » |
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A good businessperson is not necessarily a good economist--they may be but they are not necessarily so. Businesspeople, even those in investment, don't necessarily pay much attention to the growth of the economy as a whole. They also tend to cut labor costs to a minimum of what is needed so as to yield good productivity and maximized profits. Furthermore, though massive debts are certainly bad for government and the economy as a whole, the government is not supposed to be a for-profit business. The rhetoric of businesspeople being better than others as presidents derives from the wish on the part of those in favor of this that government be run to the advantage of business, not that government be run like a business. There are certainly some advantages to this, but, if that is the exclusive interest of a president, many things will get missed that shouldn't be.
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