Words Of Wisdom on 21 December 2007
| loadedstatement said: stof and Jspence, I have read up. He wants to do away with a lot of the government. It sounds scary, yes. But guess what? 10 years ago we had no Dept. of Homeland Security. Department of Education was less than 30 years ago (Keep in mind, US education is horrible in most places). Dept. of Energy is nearly 30 years old (Gas prices are horrendous). What good are they doing really. Taking our money and wasting it. It would be much more beneficial to leave the money with the consumers. A lot looks good on paper, like I am sure many of these departments did. But in practice, some fail. Communism looked good on paper as well. We all know how that turned out. |
An industry in the hands of a competent government is a valuable asset to the economy versus completely private interests. A good example is to look at European highspeed internet penetration and quality versus that of the United States. Truly the U.S. is behind the times in that area because the government is so lax in its regulations dealing with large providers.
Of course, the government has never been very good at dealing with monopolies. Splitting the monopoly Ma Bell into a set of regional monopolies instead of a set of national competitors is a good example of such government idiocy.
Stephen Colbert:
