Wednesday, December 10, 2008

Learning, not repeating

As with all things socialism, we can learn from other's mistakes, rather than repeat them.

For example, nationalized healthcare? Look at Great Britain, then turn away.

The same goes with this government job creation scheme a la 1933. Building infrastructure is vital, but it is a state's responsibility for the most part. Plus, who wants a construction job when all they've ever done is work in IT?

This article from the Washington Post (!) pretty much sums it up. Japan tried it in the 1990s and it failed.

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