Quote:
Originally Posted by Rich Iwaszko
Hi,
Capitalism has proven to be the best economic system in the world. We are in fact better off then people in any other country as large as ours. The problem is, as any economist will tell you, the result of rampant capitalism is socialism. When the workers of a country are getting abused some social programs are needed to stabilize the situation. examples, minimum wage laws, social security, unions. We have in fact looked to other parts of the world for cheap labor, as our labor is no longer cheap, and cheap labor is the coal that stokes capitalism. So we don't make anything anymore. We have become middle men for their products. Cheap labor has long been abused and still is, it's just not our people. My point here is that we have to accept some social programs so that capitalism won't disappear leaving total socialism and military rule like in many other countries. The trick is the right social programs. All thoughts are welcome..........
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Government programs to help US citizens who are disadvantaged are important. Our taxes are like the insurance premiums that we pay (homeowners, car. umbrella policies). When there is a disaster in the US, our taxes (premium for FEMA) help the disaster victims. Government exists to help the less fortunate among us, among other purposes.