ChristianPolitics

Can we let anything go, do we have to bail out Wall St, the housing market, the auto industry, the insurance industry, newspapers and now state governments with more tax dollars. Some people say this isn’t socialism but if it isn’t it’s not far off. Some businesses, homeowners and local governments need to cut their budgets or fail. This is how a free market works and it usually works well when it is not inhibited by the government. The only exception is state governments, while it may be that they shouldn’t fail, they should and can trim way back to where their spending is not exceeding their considerable income. For example if the government were to keep giving money to failing toy stores that didn’t sell any toys those toy store owners would basically become federal employees and it would be a government toy store. Eventually the government would increasingly tell the toy store what they can and cannot do, sell or a number of other things. The government run toy store not needing to make a profit may eventually either push other toy stores out of business or cause other stores to give up the hard work of running store in favor of government payments. Not every business would work like this as some people would still work to produce great products and make big profits but the government makes it harder and harder for those folks by proposing tax increases on successful businesses. So you either let the government run your business or they make it harder for you to make a profit. Over time this turns a society into a socialistic venture that fails miserably. A free market system may have it’s flaws and there are those that will get hurt by it but it’s far better than communism or socialism.

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