Tuesday, February 23, 2016

Matt McCall: Restore Economic Growth!!!


"Consider the work of God;
For who can make straight what He has made crooked?"
Ecclesiastes 7:13

Matt McCall discusses the difference between free enterprise and fascism/socialism:



Highlights:
  • "We did not become the greatest country in the world, the greatest economy in the world, by being fascist or socialist."
  • Fascism = Government control of the means of production
    • Author's Note: Cronyism, or Big Business/Big Government collusion are also commonly used term to describe a fascist economic system.
  • Socialism = Government ownership of them means of production.
  • Capitalist economy is based on freedom.
  • "Envy has never gotten us anywhere except 20 trillion dollars in debt and $200 trillion worth of unfunded mandates."

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