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Creating a strong business climate does not necessarily require government subsidies

It requires a protected domestic market. This is the simple, unequivocal fact to come out of the 19th and 20th centuries.

or massive national debts or deficit spending.

Yes it does.

If you are running a foreign surplus, that deficit can be someone else's. But you still need one.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Dec 14th, 2011 at 10:05:10 AM EST
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