If polled and asked, “Should government regulate the private sector?” the vast majority will reply, “Yes, of course.” But if the same people are asked, “Should government decide what customers get and how they get it?” you’d probably get a majority saying, “No.” Yet they’re one and the same thing. So yes, Senator Paul is correct. We should get rid of all corporate subsidies. At one and the same time, we should get rid of all taxes and regulations impairing those corporations in the first place. The government taketh away and the government giveth back … selectively. That’s the truly nasty nature of our corporate entitlement state as we know it, and it’s why the established politicians in both parties cannot ever be trusted. If we engage in a kind of right-wing or “libertarian” anti-business mentality, my fear is that we’ll get rid of (or at least reduce) the corporate subsidies and corporate welfare, without providing the liberty and freedom to which these companies — all companies, big and small — are morally, economically and legally (in a just system) entitled. It’s easy to bash business. Yet most of the people who cheer a politician for bashing business work for a company, or in some way depend on that company’s profitability to sustain his or her life. Even a government employee depends on a vast, profit-making and profit-seeking private sector in order to have the taxes required to support that government agency. (Monetary manipulation and national debt will only carry us so far.)
Posted on: Thu, 03 Jul 2014 01:14:42 +0000
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