Re: USA Doomed?
"3. how well can business do with no customers? 200milion people with an average income is far better than 200million people with a low income. business would fair alot more when people can afford to buy things"
assuming a free market, business's providing their employees with middleclass incomes would outperform businesses that paid their employees less eventually making the former the norm because their employees would have a higher income and would have a loyalty to at the very least their business if not businesses in general that pay their employees well...
"where is the imaginary line that defines the actions of a business to be in the best interest of the people and when the business begin to "not care"???"
the difference between the two is the difference between a rising and a failing company... and its not like republicans are against any regulation of business...
"dont forget the efficiency of business can be dangerous too... once a business gains too much momentum and eventually maintains extreme wealth, they tend to begin to make decisions based on the best interest of the company rather that the people. (banks, aig, wachovia etc)"
its more true with government.... and your example is a perfect example of that, because banks are one of the most heavily regulated business by governments across the world... the failing auto-industry is another extremely heavily regulated business too... you look at where the growth is, in alot of these internet companies and its because they have very little if any government regulation..