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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (3523)	12/26/2016 2:32:03 PM
From: i-node	1 Recommendation Recommended By Investor Clouseau Read Replies (2) \| Respond to of 358047

>> Your faith in private enterprise to solve any problem is touching. There is no doubt that it can be very powerful. But it requires government help to solve longer term slow payback problems, to set floors that prevent a race to the bottom, and to do the basic research that leads to really big breakthroughs. I have no problem with basic research. I do have a problem with forking over $100 Billion in reparations to foreign countries for our generation of carbon (which is what happened in Paris). I do have a problem with government bureaucrats picking winners and losers (like Solyndra and far worse). There are times when government intervention is necessary to protect the public interests. To be effective those times must be short and sweet. Long-term intervention almost always becomes a disaster (look at the food programs of the 30s, and, of course, health care, our biggest disaster). We should always attempt to find private enterprise solutions to problems before committing to have government get involved.