How to End Economic Bailouts
by There is a way to terminate business bailouts that consume our tax dollars; this is how!
The reason the economy went under was because so much capital was in the hands of a few industries and those industries began to collapse, but if there are more businesses that are smaller, the capital is more divided up and would result in less of a chance of economic havoc. Keeping businesses small would be the responsibility of the people (or the government) to do. The relationship of the businesses and the people would change by having a more equal economic say. The government would have to get tough and keep businesses smaller. The government would call forth the breaking up of today’s large businesses such as NBC or Wal-Mart to secure our economic future. The government would have to end tax loopholes that large businesses take advantage of. Lastly, the government would have to get tough on taxing the businesses more to ensure less revenue that would keep the industry from growing. These government sanctions would end the large businesses, and therefore end the economic bailouts.
Conservatives would call this socialism, because it endangers the rights of the free market. They will claim that this is just more government intervention into the businesses that is unnecessary. Well let me ask you this: would you rather spend trillions keeping an economy stable and secure or would rather have growing businesses have to pay a little more taxes to keep the economy secure? I’m not stating that businesses should only be one store on one main street, but it is reasonable to secure the people’s fate by keeping massive businesses more diminutive then they are today. The free market has their rights, but to ensure a secure economy without bailouts some sacrifices would have to be made. The people have rights too, and they should have the right to cease the existence of trillions of dollars in bailouts.
There is a better way to construct our capitalist economy. They basic principle is to keep businesses small; make sure the industries in the private sector do no become an economic asset. Employment will stay the same, because the economy is the same size – the money is just divided up more between the industries. America has already seen the mayhem of the trusts in the gilded age, so now it’s time to continue the legacy of keeping an honest and secure relationship between the people and business to secure our economic future and our tax money as well.
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