Earmarks, subsidies serve as drain on U.S. economy
Zen
Lazarus Austin
Issue date: 4/18/08 Section: Opinion
Basically, the United States is spending itself into oblivion. David Walker, former head of the Government Accountability Office, compared us to the Roman Empire in its decline. The two Democratic presidential candidates want to further exacerbate our problems by implementing universal health care and offering all sorts of entitlements and benefits. McCain, on the other hand, despite the fact he wants to continue with our expensive military entanglements, has repeatedly said he will cut spending and veto practically all earmarked legislation that crosses his desk.
Big government subsidization of large corporations does nothing but stall the inevitable and simultaneously favors the rich. The solution to the problem is to leave the economy alone and let the free market run itself. Unless we do something to fix the economic status of our country, I am pessimistic about our future. Many people's first priority right now is national defense. As a result, they vote accordingly. However, what is the point in defending a country to the point that its future is sacrificed? We have to defend against ourselves first.
Big government subsidization of large corporations does nothing but stall the inevitable and simultaneously favors the rich. The solution to the problem is to leave the economy alone and let the free market run itself. Unless we do something to fix the economic status of our country, I am pessimistic about our future. Many people's first priority right now is national defense. As a result, they vote accordingly. However, what is the point in defending a country to the point that its future is sacrificed? We have to defend against ourselves first.
Viewing Comments 1 - 3 of 3
Ryan
posted 4/18/08 @ 9:57 AM CST
I agree whole heartedly with you on the free market issue. We are a free market society, so let it be a free market. We do not need government interfearing in it. (Continued…)
James Orleans
posted 4/18/08 @ 11:12 AM CST
I live in New Orleans. If FEMA is any indicator how big government handles problems, I'm terrified what it would do to health care. It's bad enough my company has to pay $10,000 per year to cover my family, but I still have to wait in line behind those on Medicaid, which will end up under-reimbursing the doctor/hospital, further driving up costs for those who actually pay. (Continued…)
Roger
posted 4/20/08 @ 9:52 AM CST
Agreed...... I am ashamed of the mess we are leaving our children to deal with. Spend now pay later...... Even rich people (and countries) can go BANKRUPT
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