- 9,744
If gov't was the source of all the problems and if gov't was the source of none of the solutions, then I would agree with you. But neither of those statements is true.
We may have some legitimate philosophical differences, but consider this from a piece I read recently:
"Our American free market has done more for the poor than any government hand-out. About 75 percent of American poor own a car; 97 percent own a color television; 62 percent have cable or satellite television. These products are available because our economy treats them as a good or service and the free market keeps their cost down. What's unfair to the poor is rising unemployment, inflation, and financial collapse."
Although I see myself as a political conservative, I'm not opposed to the involvement of the federal gov't in many areas.
There's a major disconnect here. Someone "not opposed to the involvement of the federal gov't in many areas" is a conservative? You better check your label.
The federal gov't, along with the private sector, can do some things very well together, that neither sector could do well by itself.
Examples:
the interstate highway system
national defense
the space program
many research programs (particularly ARPA, without which we would not be having this conversation)
oversight/regulation (e.g. FDA, NRC)
guaranty associations (e.g. FDIC)
National defense is what the federal government is for. All the rest could and should be handled by the free market, at probably half the cost.
Here's one you forgot: if it wasn't for the U.S. Postal Service, there probably wouldn't be a FedEx or UPS. Now there's a federal success story!
Oversight and regulation by the feds is a success? The space program is being privatized, is it not?
Medicare
How could any reasonably intelligent individual argue that a program that has a 37 TRILLION dollar unfunded liability, AND wastes one out of every three dollars is a success?
I think the CLASS Act is good because it will be like Medicare Part B, but just for Long Term Care.
That alone is a reason not to do it! Medicare is BROKE!
It will raise awareness of the need to plan for long term care and it will dramatically increase the private long term care insurance market.
Just as Social Security has "raised awareness" of the need to save some money for your retirement years and dramatically increased the private savings market? Do you know how many seniors are relying on Social Security alone - even though it was not intended for that purpose?