Every government in the history of mankind has faced many problems and the leaders of free market capitalist countries have to face many problems too. Free market capitalism relies on the public incentives. I believe some government interaction is necessary to keep the incentive going, such as taxing inheritances heavily and making sure private companies are fair to employees and its consumers.
I think the government was right to bail out the financial industry because if they collapse then money would be impossible to come buy. America is a debt based economy and taking away the loaners would lead to massive destruction or our free markets. If people don’t have money to loan they wont have money to spend. I belive our government was wrong to rush the laws for the bailout because they did not provide guidelines for the spending.
Personally I want as little taxes and as little government in my life as possible. I dont want the government spending my hard earned money and I dont want lazy drunks on welfare spending my money. I want my money. It is the governments job to provide for the people what the people can not provide for themselves, such as miltary, roads, police, parks. The governments job is to provide life liberty and the pursuit of happiness.
