Monday, March 7, 2011

Capitalism Magazine - Shutdown

As usual, right on the money:
The current Congress faces the same risk. While it's important to cut programs and prove you're willing to do so, fiscal discipline is not the overriding purpose. Nancy Pelosi and fellow liberals are already arguing back that cutting government programs will result in the loss of jobs.
In some cases, this may actually be true, since government programs do require jobs and pay salaries. What's the Republican reply to this? It should be: "So what? Government has stolen that money from the private, productive sector. Instead of creating productive jobs in productive businesses that people want, government is taxing people to create jobs for political cronies and pressure groups."
If your sense of purpose stems from the value of individual rights, capitalism and limited government, you can make this argument. If your central purpose is nothing more than "fiscal discipline" and balancing the budget, you cannot.


Capitalism Magazine - Shutdown