Comment by mudil
2 years ago
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." -Ronald Reagan
2 years ago
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." -Ronald Reagan
The problem is that private institutions can become their own mini-governments. Reagan denied this, but his quite could equally apply to Apple or Google as it did to, say, late-70s US government.