TheRealMafoo said:
We used to have the strongest economy in the world. That was when keeping what you earned was incentive to work more. When the people are in control of where there money goes, they are far more inclined to work hard to earn it. When you become socialized, you remove all incentive to go that extra mile. Obama's politics moves us away from a better economy, not towards it. |
I wish it was that simple.
You forget externalities associated with many of today's issues, including healthcare and education. More educated people means better jobs and better economy. More healthy people means more people are able to work which means better economy. You need government funding to provide these public goods efficiently due to market failure.
The market is also unable to produce advanced technology where information is uncertain. That is why it took NASA, a government funded agency, to develop space technology and satellites, because the free market would never (or atleast very slowly) develop these technologies. If it wasnt for government involvement in the economy, you would not be using a computer on the internet which uses satellites right now. That is why alternative energy is better in the hands of the government than the free market.
Healthcare, education, and alternative energy all go to Obama. Since these issues also have a large effect on the economy, the economy goes to Obama as well.
