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CalTexHawk February 11th, 2014 2:06am

What has greater influence on the US economy, major industry or federal government?

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Jeninerd Hoth, AK
02/11/14 9:21 am

They're one and the same. Industry owns the government.

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eLucidate writing
02/11/14 7:31 am

Govt, by a lot.

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TierasPet
02/11/14 7:37 am

I agree and that is backwards.

eLucidate writing
02/11/14 7:51 am

Maybe. Govt employs a lot of people.

TierasPet
02/11/14 8:32 am

Yes, government employs too many people. That's the problem.

eLucidate writing
02/11/14 8:51 am

I don't think so, but I understand that many do.

CalTexHawk spiral arm
02/11/14 7:06 pm

It may have worded my question poorly. My intent was to ask if industry innovation has more (or less) influence than gov't regulation. Is your point that the salaries of gov't employees drive the economy more than industry salaries?

CalTexHawk spiral arm
02/11/14 7:07 pm

Or is it that gov't investment has a greater influence than industry investment?

eLucidate writing
02/11/14 7:13 pm

I was thinking both: the investment g from the cig+x equation and also the spending from govt employees is larger than industry investment and employees. I wasn't thinking of regulation vs innovation, although, I would think govt entities...

eLucidate writing
02/11/14 7:14 pm

Such as NASA, combined with grants, go a long way toward overall innovation anyway.