This is partly in response to the first "When is big too big" thread, and another of my examples of the failure of the progressive ideology.
The post asked if Exxon Mobile's billions of dollars in earnings is "too big". It pointed out that Exxon Mobile is richer than some dozens and dozens of actual countries in the world. Well, in fact, if you took seperate only the African American population of the United States, they would be the 5th richest nation on Earth. Fact.
Actually, our own president has called for closing the poverty gap in our country. And thats a noble cause.
But isn't it true "poverty" in America isn't really that bad? The "poor" in our country are often fat (food plentiful). They have cars. TV's. Refridgerators and air conditioning. Cable TV. Cell phones. Video games. Microwaves. So, it's all relevant. Poor by USA standards, not by global ones.
So, I suppose my conclusion is this: Our country produces private companies that are richer than many of the entire nations on the planet. Our country produces a lower class of citizens that have AC, TV, microwave, car, cell phone, cable tv, and are obese.
Ain't capitalism grand? So, lets look at long term effects of capitalism vs socialism.
Capitalism in America: Richest nation on Earth, produces companies that are richer within their company than many other nations, a poor class that lives better than 95% of the rest of the world. With our recessions and occassional depressions, I'd say the hurt is far worth the spikes and fruits of this system.
Now, lefties, show me examples in the world of more left leaning, government dominant socialist type nations that produce a better outcome for their people than what we have here? I, for one, am proud to see that companies like Exxon, Wal-Mart, Microsoft thrive to such an astounding degree in this nation that they are richer than so many of the other nations on Earth.
And on a final note, some libs said it's not right that a corporation would have so much influence on government decisions. Well, once again, the lefties are showing their desire for a government so strong and large, that neither the people nor the private companies can have any influence.