Those who expect to reap the benefits of freedom, must, like men, undergo the fatigue of supporting it. – Thomas Paine

Friday, October 3, 2008

What Should Our Government Do?

With the economy down... some people are looking to government to help them out. If you really study history and see the effects government had on our economy, you will find that government intervention really doesn't make things better. In fact government always makes things worse.

During the Great Depression of the 1920's and 30's, Franklin Roosevelt proposed and passed his "New Deal". Most people think that this helped us pull out of depression when in fact it only prolonged it.

Our now $850 billion bailout is the "New Deal" that our government is proposing. I urge you readers to oppose it and contact your congressmen and let your voice be heard. Government has no right to play around with our economy. This $850 billion bailout is only going to make our economy worse.

If it does pass, it will "help" the economy for a little while. I shouldn't say that it will "help" our economy because in the long run, it will make it worse. Three or four weeks down the road we will be in the same position we are in now...but worse.

So what should the government do? Nothing. Let the economy heal itself. The government cannot do anything to help it. The only thing government can do is make the economy worse. This bailout may give people a false sense of security at first but in the long run they'll regret it.

1 comment:

Anonymous said...

If you had lived through the Great Depression, you would know that President Franklin Roosevelt did more for devestated families and Amnerica than any president in our history. His programs provided jobs to build many of America's schools, hospitals, libraries, roads and bridges, and his Social Security system continues to provide for the elderly and handicapped.

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