To: Tenchusatsu who wrote (1016081 ) 5/16/2017 5:30:01 PM From: Alex MG 2 RecommendationsRecommended By
Read Replies (2) | Respond to the Govt of the U.S. is what made this country great"America’s “mixed economy,” in which the private sector and the government each do what they do well has been the key to the most successful economy in history. The nation pulled together in the second world war and that was followed by a few decades of phenomenal growth in the private sector and an expansion of public programs that were beneficially complementary to the private sector. The private sector performs better when the government is functioning well. In recent decades the balance of the mixed economy has tipped, largely due to the infusion of antigovernment ideology into our politics. Instead of cooperating in perpetuating what has worked well, we have become highly polarized with control being assumed by the plutocracy whose primary tool has become government obstructionism. By suppressing the government role in public programs and regulation we are seeing a deterioration in incomes, retirement plans, health care affordability, infrastructure maintenance, and a failure to improve our education systems, just to mention a few. A well balanced mixed economy works for everyone - individuals and families, and businesses. It even works well for the plutocracy, although it would slow, though not eliminate, the transfer of wealth from hard working American families to the billionaires at the top. Libertarians who live in the Ayn Rand fantasy world (Hard Randians) would continue to complain, never quite understanding the important complementary role that government does play in making this a better society for all of us. On reading “American Amnesia” you will understand why we have to abandon the politics of polarization and join together in supporting the appropriate roles of markets and our government in incentivizing a properly balanced mixed economy that in the past had served us so well. It can do so again. https://www.amazon.com/American-Amnesia-Government-America-Prosper/dp/1451667825
