Re: What's the deal with Socialism?
The U.S. system is nothing but a perversion of capitalism. We have a system that is conflicted in a desire (or at least a stated desire) for free markets but then leverage the system for one interest or another. Miles is absolutely correct, if we were truly for free markets we would have let many of our major financial institutions and GM fail and been absolutely right to do so. Holding major corporations accountable for atrocious business practices in free market capitalism would disuade CEOs from risky behaivor. Billion dollar bailouts are shear cowardice by anyone that champions the free market. I have no issue with safety net programs for my fellow citizen when they are struggling but not at the federal level. The U.S. is supposed to be based on federalism and these type of programs are best decided at a state level both in quality of benefits and funding. Creating over-arching federal programs for 300+billion people is problematic at best and only adds to the partisanship we are seeing today. Some where along the line too many Americans started believing their ideas were what is best for the entire nation instead of just worrying about their own back yard.
Most bad government has grown out of too much government. Thomas Jefferson
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