I don’t get it. If the only people that are making a killing with our current healthcare system are the lawyers, then why do people in this country think that the solution is to hand it over to the lawyers with the most power (lawmakers)?
I wonder when people will start to figure out that national healthcare is just another system of control just like everything else in the liberal agenda.
While everybody is trying to figure out how to fix the broken economy, why not consider how we got here? For whatever reason, our post modern society is unwilling to consider that the cause is knowable, and therefor the solution is also knowable.
In order to show the cause, let me first point out that it’s impossible to have a recession in a capitalistic economy. People are always competing to make more, the economy starts moving, and the more people make, the more people spend. Sure, you have large corporations buying jets and handing out bonuses (things that the left view as evil and waistfull) but those things provide other people jobs because the jets need to be built, fueled, and maintained and the bonuses are spent in other industries that provide jobs. Sure, some people will get kicked to the curb, and companies will grow, but the economy won’t ever fall into a recession.
The only way for an economy to fall into a recession in a capitalistic economy is if there is a cause. In this case, it’s pretty simple:
“Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.” The leadership of that Mortgage company buckled under load and allowed risk they couldn’t handle. Because the corporation has it’s roots in congress, it was left unchecked by a true capitalistic market. Fannie Mae would have either spent itself into failure, or continued to function with it’s own money. Don’t forget that this cooperation is a government sponsored enterprise.
The problem here is simple. A government sponsored organization, was left unchecked by risk imposed by the open market, tried to become a welfare program by allowing people to buy houses that couldn’t afford it, and found itself in a huge amount of debt. Simply put, if this wasn’t a government sponsored enterprise then this wouldn’t have happened. If the government wasn’t behind it, offering wall street a false sense of security, then I don’t think that investors would have depended on it unto the point that our economy largely hinged on it.. Basically, wall street was investing in a welfare program because it was perceived as the best investment to risk ratio, and that is what corporations in a capitalistic economy do.
The leadership of our country determined that the best action would be to pump a lot of money, that the government doesn’t have, into it to try and keep the economy moving ahead, but it was too late. The fate of the economy was reduced to the government printing money to bail out the government sponsored enterprise, that failed because of government policies, and took wall street with it because of the false security it offered to investors.
Now that the Obama administration is in, they think that the solution to all of this is to spend $800 Billion dollars that the government doesn’t have. They think it will boost the economy, but it’s not possible. Here is why:
The government doesn’t have the money to spend. Sure, some jobs will be created here and there, but these jobs are only a stop gap when the country is in so much debt that the dollars that these jobs pay aren’t worth anything. Debt does not create wealth, capitalism does.
In order for a government to spend money IT DOES HAVE, you need wealthy people paying taxes. If the people living under the government are not funding it, then the government only has 3 options to raising that money. Printing more (which causes the wealth people have to decrease), going into debt (which causes wealth people have to decrease), or controlling people and resources (which causes wealthy people to become poor). It’s a simple matter of economics, if you get rid of the wealthy people in the country, then the government doesn’t have any money to spend.
I am just completely dumbfounded watching Obama wage war on capitalism, I don’t think he understands that it has got to be the source of his spending, and without it we are just spending debt or inflation. Where does he think he is going to get the money he is redistributing?
Right now 40% of Americans don’t pay taxes. This means that 40% of the country is living off of the other 60%. Isn’t that enough welfare? How much more of the nations irresponsible spending can the wealthy bear?
Now that I’ve defined the problem, what is the solution? It’s actually pretty simple. Flatter taxes, less spending, more small business.
Flatten the taxes so that the American voter actually pays taxes to the government it elects. Everybody drives on the roads, is protected by the military, has social security, why not require everybody to pay for it.
Spend less so that the nation isn’t encumbered in debt. One way to ensure that the economy is healthy is to not give 535 people control over trillions of dollars. That is simply to much power.
Get rid of employee taxes for small business. Remove the 7% tax that employers pay for medicare and social security for businesses less than 200 people including self-employed people. When small business has 7% less taxes on labor than large business you will suddenly see small business growing and more able to compete with big business. Where will that 7% come from? Less spending, and flatter taxes.
In summary, the solution is putting the financial wealth in the hands of small business and entrepreneurs and taking it away from the 535 people in congress. The nation should be controlled by the people not the government, and the only way that works is called capitalism.