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Thursday, October 2, 2008

What do you think?

Here are just a few statements I want to throw out there. Disagree if you like, but these are arguments that I really believe.

When have we as a nation become a people who want the government to provide for our every need? Food, health, college, jobs are all important things in our lives; however, do we really want the government providing all of these things for us? If so, we become dependent on the government because we no longer have to function on our own without government help. Is this not what has happened in welfare, social security? Look at what is happening with people on government programs. Are they the happiest people in the world because everything has been handed to them in organized, efficient envelopes and they automatically have the best of everything? No. Their lives often consist of frustration because they have to live below a certain income to maintain their government assistance, yet cannot live "successfully" off of this income. Their every decision depends on the check from the government. If some month that check quit coming, what would they do? This my friends, is what I see as a possible problem for the United States.

Whatever happened to empowering the people to use their money to invest into the market and the "invisible hand" (Adam Smith, founder of modern economics) guiding the economy? I know many will say "well, look at the market now. What about this? Looks like that invisible hand is truly invisible." I say this to that response, there are many factors that play into the market situation now. Most of which I do not even know the half of, but I do know about 10 years ago there was a large push by a government adminstration to lower mortgage costs so people with not so good credit scores could get good mortgages in order to increase home ownership. Well, this did increase home ownership, but now, look what it's done. Fannie Mae is now under a government bailout plan becaues these people with bad credit who got mortgages couldn't pay.

I in no way claim to be an economics expert and cannot give a response for every political debate argument, but I do believe that it is never a good thing for citizens to be dependent on their government for their basic needs.

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