With Today's Govt Regulations....

Discussion in 'Too Hot for Swamp Gas' started by shelbygt350, Aug 2, 2013.

  1. shelbygt350
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    shelbygt350 Well-Known Member

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    Imagine creating these in the beginning. Could we have had:

    (1) Electric light bulb invented and put into place (first in NYC by Edison)

    (2) Interstate Highway system

    (3) Automobiles for private use

    (4) Fast food restaurants serving burgers, fries, ice cream, colas, hot dogs

    (5) Development of neighborhoods along water front properties

    (6) Gas stations

    (7) Golf courses

    Look at it as if today is today, but any of the above is the first.
  2. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Dude, the government built the interstate. Probably one of the biggest stimulus projects ever. And yes to all of those.
  3. MichiGator2002
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    MichiGator2002 VIP Member

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    That is pretty much the government's great contribution to innovation and growth in the American economy over 150 years -- it was able to level and pave ground. The number two claim of achievement, the internet, didn't actually contribute to the American economy until the private marketplace got their hands on it, just like telecommunication didn't take off until deregulation -- hell, we would probably still be amazed by call waiting if government had a headlock on telcom.
  4. gatordowneast
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    gatordowneast Well-Known Member

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    Dude, private road construction firms built the interstate system with "gas taxes" collected from our citizens. Roosevelt tried putting people to work in the depression (Civilian Conservation Corp). I remember hearing my grandfather talk about it. Did not pull us out of the recession and typical of guvmint projects, everything cost 3 times as much as farming it to civilian contractors and for every man with a shovel there were 8 standing around doing nothing. My grandfather owned 4 country grocery stores in Alabama and it burned his ass to watch the "loafers" doing road work in front of his stores leaning on their shovels bull$hitting while drawing guvmint paychex. He became a Republican during those years...one of the few in AL at that time.
  5. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Yes, the government paid private construction firms. The point is that the project would never have been undertaken by private construction firms, because of the enormous costs and lack of short to midterm (or probably even long term) profitability.
  6. mocgator
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    mocgator Well-Known Member

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    The US Government add ZERO to our GDP. Private businesses add GDP. It is and can be no other way.
  7. orangeblueorangeblue
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    orangeblueorangeblue Well-Known Member

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    Well also nuclear power, GPS, the microchip, the Internet ...
  8. asuragator
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    asuragator Well-Known Member

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    And who had a huge hand political hand (perhaps the largest) in the private sector "getting it's hands on the internet? You guessed it: Al Gore.

    And how many companies have benefited from research being done at universities around the country and funded by gov? through grants and tax breaks etc... that help fuel innovations? It's a constant.

    Whatever you may feel about government over-reach into our lives--many of which I probably would agree with you--suggesting that govt hasn't made innumerable contributions to innovation and economic vitality is profoundly myopic.

    And yes, I recognize that government can and has inhibited the same, and has often picked winners and losers etc...
  9. GatorRade
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    GatorRade Well-Known Member

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    Nor is it the goal of the government to add to the GDP (except during stimulus).
  10. DaveFla
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    DaveFla VIP Member

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    ... None of which would have been economically viable were it not for private/civilian market.
  11. Gatormb
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    Gatormb Well-Known Member

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    Leave Al Gore out of this discussion please.
  12. asuragator
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    asuragator Well-Known Member

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    Well, yeah. But government still plays a huge role in this, perhaps the biggest with respect to research and development, some of which in conjunction with the private sector, funds grants which lead to great inventions and innovations, and which then can be used in the private sector to generate economic benefits.

    Indeed, those planes you fly are so incredibly safe now, dave, is not just because of the private sector but because we pour millions into research on safety and engineering, whether on direct safety inventions, better materials and engineering, or even just funding students, and even when we put much into NTSB in its investigations after accidents. Odd that some would ignore these benefits.
  13. orangeblueorangeblue
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    orangeblueorangeblue Well-Known Member

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    No doubt. The probably wouldn't be feasible to develop entirely in the private market.

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