Created
June 10, 2010 17:45
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The basic pivoting factor in economics is this: in a private economy, when | |
hardship arises, ingenuity is the solution, and when applied, wealth is | |
created. In a subsidized economy, when hardships come, the answer is "we | |
just need more money / resources", and when this is applied, wealth is | |
destroyed. |
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