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" ... Druckenmiler justified his point by saying that there’s a lot of new spending baked in the cake, namely the entitlements explosion that’s set to come with the retiring the baby boomers. But you can’t gainsay that market optimism too much. Enormous spending blowouts have been with us since the late 1990s. If the federal government catches some modesty when it comes to outlaying other people’s money, or even tricks itself into some restraint as in the sequester, this economy will roar. ... "
" ... Now let's consider my interlocutors' contributions. Although they have a point when they say that Catherine Corless’s comments have been inconsistent, they cannot gainsay the fact that her settled position as of today is the one I have quoted above. ... "
" ... There really are such things as monopolies, of course there are. But there are three tests that should be applied to any public policy or legislative attempt to deal with the existence of such market dominance. The first is to ask how that dominance or monopoly is being achieved? If it's through the market being a natural monopoly, or through some legislative privilege being offered, then (in the absence of anyone being sensible enough to remove such a legislative privilege) yes, it can be entirely appropriate to move to the next stage, considering what might be done. However, if market dominance arrives simply because consumers prefer the products of the dominant firm then there's very little at all that needs to be done. For the consumers have spoken and who are the politicians to gainsay them? ... "
" ... Yes, I know that Apple-bashing is now fashionable and that Cook stands accused of presiding over various product snafus. It is also true that even for experts, predicting technology trends can prove elusive. But that does not gainsay the old saw that “in the land of the blind, the one-eyed man is king.” ... "