Monday, January 16, 2012

"Think carefully about what you really want the government to do."

Here is an important blog post: "Government policies, meanwhile, have managed both to over-regulate and under-regulate the economy, resulting in the massive unemployment.  Regulations on industry and manufacturing have made it far, far harder (and far, far more expensive) to open a new and productive business.  Under-regulation of financial gamesters, as well as political pressure from Congress, allowed for the inflation of the housing bubble.

So, yes, if you're young, government is very much your problem.  Any government spending is coming out of your hide, as is the debt created by the past generations.  Think carefully about what you really want the government to do."
via  http://grimbeorn.blogspot.com/2012/01/good-point.html

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