Re: Japan's volatile Economy

On Wed, 25 May 2005 15:29:27 GMT, Socialists are Miserable Thieves
<root@localhost.> wrote:

>On 25 May 2005 07:57:01 -0700, "Brablo" <gestureofrespect@xxxxxxxxx>
>wrote:
>>
>>I noticed that Japan's economy over the past 5 years is very very
>>volatile! One quarter can be recessionary and the next can have high
>>growth (~4%). Is this because their central banks are not as
>>efficient as ours, or that they don't have as much monetary policy,
>>fiscal policy to do anything?
>
>It's called socialism.

?? ROTFL!! The USA is more socialist than Japan.

>They call it social-democracy over there

No, they don't. You are just lying, as usual. And before you
humiliate yourself any further, you should perhaps know that I lived
there for three years.

>but
>the constant state involvement in the economy just totally destroys
>it.

Hehe. As long as Japan taxed land at a higher average rate than the
USA, it grew faster than the USA; since it abolished its land tax, it
has grown slower than the USA, when it has grown at all.

Simple.

-- Roy L
.

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