Posted by
Playful Walrus on Monday, December 08, 2008 3:50:46 PM
Why should taxpayers be forced to make grants and loans to businesses? Why should we be forced to pay for a bureaucracy to oversee this process? Where is the Constitutional justification to do these things?
Free markets will correct themselves. It won't always be an easy process to experience. We're not always going to have record growth, or even growth. But in general, as long as the sun is shining, free markets will promote growth in the long run.
Downturns are an important part of the economic cycle because they force people to consider their priorities, and vote with their dollar accordingly. Maybe some banks should be closed or bought by others. Maybe some car manufacturers should shut down, sell off assets, or be bought out.
Nobody wants to lose their job. Nobody wants to lose money in investments. We all know that politicians hate having less tax revenue to deal with – but sometimes, that is life.
What kind of a deal is it if I get a car for $25,000 if that car really cost me $40,000?
Nobody has a right to a job.
Nobody has a right to certain compensation.
Nobody has a right to use someone else’s private property.
Nobody has a right to a loan.
No business has a right to always make a profit.
Nobody has a right to have their investments grow.
Politicians don’t have a right to ever-increasing budgets.
The government is supposed to be there to protect rights, not manage our lives.
If you provide goods or services for which someone is willing to pay, you will have a job. How much you will be compensated should be a mutual agreement between you and the person who is paying. It is a voluntary transaction.
You can acquire private property by offering other property, or good and services in return. You can work out the terms with that property owner. If you don't hold up your end of the deal, you don’t get (to keep) the property. It is a voluntary transaction.
If you need more money now - to buy a house, a car, pay tuition, or whatever - it should be up to someone with more money than you if they want to make the loan to you or not, and what the terms will be. You might not be able to pay the money back. It is up to the lender to assess that risk. It is a voluntary transaction.
A business will make a profit if it can get people to make more for goods or services that it costs that business to provide them. Whether or not someone else buys those goods and services or works for that business or invests in that business are all things that involve voluntary transactions.
Whether or not your investments will pay off depends on whether or not what you invest in generates revenue, and whether or not someone else is willing to invest more.
Let the free market work. Let it correct itself. We don't aid long term growth by centralizing control of the free market in our nation's capital and by forcing people to invest in businesses.
Our government should be spending less in a recession, not more, because a recession means less tax revenue.
Our government should be going after fraud and theft, but not protecting people from the consequences of their own voluntary decisions.
If the GOP can get these points across to the public, we'll all be better off.