Which national problem did the government NOT create?
by Mortgage Rates on Friday, November 12th, 2010 | 5 Comments
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None of the above.
I expect the “liberal” teeth-gnashers to stay away from this one like the plague. Reality is an especially tough one for the little dears. lol
Yes the government created all these problems, but it wasnt just with this current administration.
The government has been running things for a while. If TDR had lived a year or two longer he would have gotten his “2nd bill of rights” into the constitution. Google it, it’s an interesting story. But well, everyone forgot about it when he died and it never happened which is too bad.
if the gov we have was run by the people and not the current dictatorship it has turned out to have become you would not be asking the question in the first place correct?
fyi… you should add PTSD Nation!
Hi,
I’m from over the pond (the UK) so I might not be the best person to answer these things but as I’m studying America politics I thought that you might not mind seeing an alternative view point.
1. Shortage/high costs of oil – Oil prices are mainly set far off in the middle east (although in the US you do have a certain amount of your own supply) by what is a very influencial, opportunist and material group known as OPEC (not a very friendly group of billionaires). So alot of your prices are set irrespective of the US federal government, particularly as supply/demand dictates that as oil becomes a more scarce resource that prices will rise. One thing to note: in the USA you have very very low levels of tax on oil. In the UK government taxes oil to a huge extent.
2. Health care – Your health care is insurance based. Hence isn’t it the insurance companies monopoly on health the cause of high costs. All the costs for procedures, hospital resources, drugs and doctors wages gets directly transferred to the patient in a lump sum with the profit that the insurance companies want added on. I know that in the USA there is a great fear towards a national health service but honesty I advise you come and look at the British NHS. It works relatively efficiently (although it could be much better) plus it means that people can affording life changing treatments and hence don’t suffer in health from being poor. Infact if you look at our recent general election, all the major parties had to promise to protect the NHS, as they have promised for years, because it is so popular to voters.
3. Education – This I know very little about in the USA. Just one thing I would perhaps suggest: myabe because there is state autonomy over curriculum etc. it means it is very hard to set national standards for teaching etc. Overall though I really can humbly say I’m pretty knowledge-less on the matter.
4. unemployment- I don’t know the specifics but i can say that this interelates to the world economic recession that hit last year as a result of the mortgage loans crisis. As companies liquidated jobs were lost and other companies reduced/cut off enmployment opportunities because they couldn’t afford to take people on and risk overturning their balance. Then again maybe they can blamed for allowing the mortgage loans crisis (see point 5), although the second point would be the fault of previous adminastrations (as the loan crisis hit before Obama was elected). However maybe the government didn’t arguably take enough steps to tackle the problem (which maybe Obama could blamed for); but please note that the best way to reduce unemployment would be to revive the economy (you cannot just create random jobs like FDR did in 1933 as it doesn’t help the economy and hence doesn’t solve the issue whilst wasting government funds) so it might take a while for government action to yield any results; because businesses have to start profiting and building up capital/paying off debts before they start hiring again.
5. Mortgage Loan Crisis- arguable this is the Governments fault but notably not Obama’s adminastration (as it was created during Bush’s terms) and it wouldn’t be for interfering but fo doing too little. Basically the banks were giving high risk loans using their clients money and then selling off the debt and insurance around the world (hence why it hit globally) just so as to make short term profit (which made the executives rich via bonuses/retirement funds). So overall it is the bankers fault however the fault of government was in allowing these practises to go on. Due to a lack of regulation and government intervention they allowed the bankers to create an economic crisis.
6. National debt – if you are talking about national debt due to the mortgage loans crisis (in bailing out failing major businesses) that would be a necessary act of government to prevent an entire economic crash. As for the debt that ha built up over the years (mainly due to defence spending) that is entirely the fault of national government/the president. Notably though it is almost exclusively the fault of recent republican presidents. Under Bush Senior the deficit grew, then (possibly due to campaigning of Ron Paul) Clinton actually managed to balance the books and then Bush Junior came in and massively over-spent; infact putting you into over $3 trillion national debt. As for Obama, I have no idea of the figures/how he has done.
7. I think I covered a little of ‘deficiit spending’ in the beginning to point ’6.’ but I can’t say I know enough t really comment about how Obama has try to deal with the deficit or what he has spent whilst its there.
8. As for inflation I know nothing about US inflation, maybe it is the federal governments fault or maybe its another external economic factor? I can’t say either way.
So overall I hope you take these points into account. You may not have seen these arguments before or maybe you don’t agree with