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Maybe Obama should stop "investing", we've seen how that turned out with Solyndra, Light Squared, Fisker Automotive, etc. Maybe Obama and the Federal governmen
by CrazyInu 15y ago
Maybe Obama should stop "investing", we've seen how that turned out with Solyndra, Light Squared, Fisker Automotive, etc.
Maybe Obama and the Federal government shouldn't be in charge of "fixing" economic aspects of society, as that is not what the founding fathers of this country intended, and that is not really within the authority of Congress.
Government picking winners and losers is a proven way to eradicate innovation and destroy wealth.
No thanks.
- mkramlich 15y ago> Maybe Obama and the Federal government shouldn't be in charge of "fixing" economic aspects of society, as that is not what the founding fathers of this country intended, and that is not really within the authority of Congress. demonstrably not true. think the US federal postal service, department of treasury, the patent system, right to regulate and tax trade. All of which helps to both "fix", promote and tax economic activity throughout the nation. Also keep in mind that those same founding fathers whose "intent" you seem to want to honor, birthed a country where neither women or black people (for the most part, as slaves) were not allowed to vote. So unless you agree with that original state of affairs, clearly their intent can be wrong or evil, in some cases. And therefore just citing their intent is not sufficient to win an argument.