Posts Tagged ‘spending’

A Temporary Gain

March 23, 2009

DOW jumped 500 points today.

Unfortunately, this is nothing. DOW has already dropped 7000 points since the height of the Bush era. Bush began the bailouts late in 2008, and finally, 2+ trillion dollars later, DOW jumps 500 points…

Well, I want my money back. I’m sure most Americans do. We can only begin to imagine how much 2 trillion dollars flowing through our economy would help. Instead, it has been sapped in by the government and dumped into failing companies, ultimately to be lost.

Americans have a right to be concerned. But still too many are impartial.

Ending Spending Rather Than Endorsing Failure

March 20, 2009

Even though we aren’t in any position to do this, I propose that the government end all subsidies and corporate welfare.

Essentially, these government expenditures are bailing out failing companies on a daily basis. Companies that can not survive on their own are not producing wealth. Instead, they are sucking it from the successful corporations.

By bailing out companies everyday, with subsidies and corporate welfare, progress is slowed and wealth is given away. It is not government’s responsibility to redistribute wealth among companies.

By letting these companies fail, we are opening the market up for companies that can really produce wealth. Instead, like carcasses, companies take up market space and do not produce.

By subsidizing failure, we get more failure.