He has a point.
Quote:
Some argue that Social Security and Medicare benefits are a right because people pay into these programs their whole lives, or that we need a government safety net in place for people who fall on hard times. However, this all becomes a moot point when the funds people depend on become worthless due to government default or rampant inflation.
This is less an issue of dignity or dependence on government, and more about the deceitfulness of government promises.
|
When the Government screws up and allows banks to bring the House of Card down. Yes the money people have paid in becomes worthless. Not a moot point though to those who paid the money in. And yes the deceitfulness of government promises shows clearly that these people were deceived.
Quote:
|
What is happening in Greece with austerity measures and riots in the street will happen here within a decade according to some realistic estimates if we do not find some way to fiscally restrain our government.
|
The riots are happening because the Government sacked people suddenly, private enterprise never picked them up and and their benefits were cut. So he wants it to happen in the next four years.
Quote:
|
There is little point in a debate about being entitled to healthcare or food or shelter from fellow taxpayers if the whole system has collapsed. And, with the way our politicians have taken over and mismanaged vast amounts of resources, collapse seems almost unavoidable. Yet the number of Americans who have significant dependency on government is dangerously high, and I honestly fear for them.
|
Seems clear on that one. Arm yourselves up for the fight.
Quote:
|
Worse, corporate welfare is also at an all time high with no signs of diminishing. Though it is hard to quantify, Tad Dehaven at Cato has estimated that the government spends nearly twice as much on corporate welfare than on social welfare. Both parties are equally guilty. More and more, the business sector is learning to rely on taxpayer largesse in one form or another. They used to be solely concerned with providing a better product to the consumer at a better price. Now, success on Wall Street depends entirely too much on having the best lobbyists on K Street. If one includes the employees of ?private? businesses who depend on government contracts, grants or bailouts, there are even more people dependent on government in some way.
|
Agreed. So why start the article about social welfare. Why not tell us what Romney will do to disengage from the corporate world?
Quote:
|
Government does not create resources when it taxes people and prints money; it merely redistributes the wealth, while supporting a massive, wasteful bureaucracy along the way. Government is a giant, blood-sucking parasite on our otherwise healthy economy. For too long we have entrusted too much economic power and influence to irresponsible politicians in Washington. It?s the chaos that ensues after they run the system into the ground that will be so painful for so many people.
|
Great point and needs to be discussed. So millions of people spending money in shops, Government spending on Military, Wars, Farm and Oil Subsidies, contracts, etc. Doesn't create wealth. What does?
And this is the $24,0000,000,000,000 question. What creates wealth? He says.
Quote:
|
But realigning our economy with the free market and away from government mandates and handouts must happen in order for it to thrive again.
|
Does that mean no mandates on the banking sector?
Outsourcing labour to China creates wealth for his boss.
"Getting rid of the handouts" Which ones because ALL the money Governments spend is handed out. That's the point of money. Government hands it out to an arms contractor, he employs workers, they spend money in shops, the materials the arms manufacturer buys with the money goes to more companies and workers and shops. Money never stops circulating in a country. Until it hits the shores and goes overseas. Then some trickles back to a few. Romney will tell him how that works.
Quote:
|
The answer is not to keep asking government to do more. The answer is to extricate our economy and ourselves from the grasp of Washington DC as much as possible now, before our dependency becomes our downfall.
|
Tell that to Bain.