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Magic Pudding Economics
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5-17-2009 12:04 AM
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economics
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/77a57e65-2f0d-410a-97c2-98ef90c23115/93469C2D-97E9-46D1-AC1E-3C88863E4E41/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://thetankonline.blogspot.com/" href="http://thetankonline.blogspot.com/" style="font-size: 11px;">thetankonline.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thetankonline.blogspot.com/"><H1 class="title"> The Tank </H1></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content9.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://thetankonline.blogspot.com/2009/05/seat-at-table.html" href="http://thetankonline.blogspot.com/2009/05/seat-at-table.html" style="font-size: 11px;">thetankonline.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thetankonline.blogspot.com/2009/05/seat-at-table.html"><H3 class="post-title entry-title"> <A href="http://thetankonline.blogspot.com/2009/05/seat-at-table.html">A Seat at the Table</A> </H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thetankonline.blogspot.com/2009/05/seat-at-table.html"><SPAN>So the truth is out there. Malcolm Turnbull looks forward to an Australia where everyone has private health insurance. The unambiguous implication of this is that a Government system of universal health cover, paid from taxes, would no longer exist.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thetankonline.blogspot.com/2009/05/seat-at-table.html"><SPAN>I suppose as a squillionaire he can indulge himself in a belief in what I call the Magic Pudding* theory of economics. That is, by skillful economic management it's possible that everyone can be rich, all at the same time. We can continually take from the pudding and it magically regrows for the next meal. I suppose that way it's easier to ingore those who find it hard to get a seat at the table. It's all their own fault, somehow.</SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/93469C2D-97E9-46D1-AC1E-3C88863E4E41/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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