Quote:
Originally Posted by RIJIMMY
its wrong, I believe tax dollars should be spent on defense, public infrastructure and education, thats it. All the rest should be at the state level and individial level.
Businesses and Individuals - like Bear Stears, people who took sub prime mortages, the airlines, etc - should be accountable for their actions and the govt should not be bailing them out.
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That's just not reality. Our entire economic system is regulated (i.e. stabilized) by the government to provide a better platform for growth.
The global economy is making things even more complicated. While it's fun to pretend we have a free market, we never really have and in the future may have to rely on even more government interference to keep our economy afloat. I'm not advocating we advance toward this position, but all options need to be on the table guided by our core principals. Our survival as a nation could depend on it.
-spence