[quote=ucodegen][quote=CA renter]Firstly, the private sector is 100% dependent on the government. Who do you think provides the social, legal, military, and physical infrastructure that private sector depends on?[/quote]I think you are reaching a bit here. We have seen where the private sector provides some of this, and it works. During the Northridge quake, the repairs were from the private sector and private sector contracts. Just because government is the most effective source for some things, does not make it the effective source for all things. Yes, government funded the contracts.. but we fund the government. For some things, it is the most effective.. but not all.
PS: By the way, the borrowings of congress from the Social Security fund, pay into the fund at a rate of 5% interest. Without that interest, the Social Security fund will have been depleted a long time ago.[/quote]
I’ve never suggested that the govt is the best or most efficient provider of goods/services in all cases, but it plays a very major role in all successful, large economies and societies. Without the government either acting directly or indirectly, as they did after the Northridge earthquake, there would be no middle class, and (IMHO) we would not have experienced the social and economic successes that we’ve seen in this country’s history.
