Is the government the -- solution to / cause of / completely irrelevant to -- the recession
My vote is the cause of.
Of course they are completely the cause of recession.
Inflation: The invisible tax that steal from the private sector--- the government pumping out paper money into the system, out of the thin air, to buy real goods and services from private sector. Isn't it stealing? See my hub: Why Buy Gold?
Synthetic jobs: They create artifical jobs that meet no real demands of the market, and use our tax dollars to fund programs that they imagine are good. Entreprenuer knows that imaginations can often lose a lot of money. But no problem, the government can over spend anytime they want. Someone will pay the bill, i.e. the entreprenuer, the true producers.
Parkinson Law: The bigger the government gets, the more they create paper work and red taps within and among its agencies and departments. Each pocket of the government increase paper work, protocols, and inter-department emails for the rest of the government, and thus justifying the needs to create more synthetic jobs to handle those increasing paper work, protocols, and emails.
Policy driven economy: Such as forcing lenders and banks to lend to the poor because they aren't supposed to "discriminate" the poor. Thus creating this subprime mortgage, foreclosure fiasco. They (Clinton) also encouraged people to invest in the Internet in the late 90s. And big businesses regularly sending lobbists to the white house to ask for legislation that seems to regulate their industry but actually favor and protect their monopolies from rising competition from small businesses.
Heap of regulations: That stand in the way of true producers but protecting the incompetence. Regulation induced economic problems end up having government to point her fingers to the "greedy capitalists" and thus the excuse to create even more regulations.
Wow, I can't answer any better than SaiKit did, that response sort of said it all. This administration has changed the course of business in America. Non-government jobs, that is the private sector, is only 42% of all American workers. That is not sustainable.
Government plays a far greater role in creating issues than curing them. In too many instances we find the government spending money to cure a problem that the government created by spending money in another way. The recent collapse in the housing market and the mortgage industry. Underlying all of that was government pressure from the Clinton era to make housing more affordable for all people. Government essentially got in the business of backing high risk junk loans in the mortgage sector to finance homes for people. The industry in turn abused the programs by selling the houses to any and everybody who was breathing advertising such claims as "you can be living in a $500,000 home for the price of rent on a one bedroom apartment." Obviously, there are some really dumb people out there who believed that and they also subscribed to the principle, "if it's available, I'll take one!" The home loan process became absolutely ridiculous going from what once was almost a rectal exam to get a loan down to filling a a single sheet of paper with your name and address on it. The government spend taxpayer money up front in support of these programs and then spend taxpayer money on the backside to try to fix the impact of it all. Then, we have market analysts point to a drop in the housing sector...yes, a drop that never should been there. It was a falsely created market!!! Now, ya got me mad! WB
The prior government was the problem, but given enough time we will see a change. My vote is this government will be the solution.
by ga anderson 9 years ago
Thanks to rHamson for planting the seed for this thought. I will even use his/her post, (and my reply), to start things rolling.GA replied:Your last question is the nut that no one can crack - yet.And it might make a good forum topic by itself. Rather than having conflicting ideologies...
by Heidi 12 years ago
Do you support or oppose the Child Labor Farm Regulations proposal?In addition to preventing children from being able to work family farms, the new regulations, first proposed August 31 by Labor Secretary Hilda Solis, would also revoke the government’s approval of safety training and certification...
by Mike Russo 10 years ago
During Obama's state of the union speech, he stated that he wants the minimum wage raised and is going to raise it for federal employees. He implied this will create jobs. The republican party countered with: Where are the jobs?" House Republican Conference Chair Cathy...
by Levi Legion 8 years ago
Is the public school system teaching kids that the government is the solution to problems?My school-age years were not spent in the public school system, so I ask the above question. I generally believe that people are able solve all types of problems without the interference of government. But is...
by Ralph Deeds 10 years ago
Economists Agree: Solutions Are ElusiveBy EDUARDO PORTERPublished: April 23, 2013 "Last week the International Monetary Fund hosted a conference of some of the world’s top macroeconomists to assess how the most intense crisis to have shaken the industrialized economies since the...
by Sophia Angelique 11 years ago
Here are some quotes from the article below:"“America is in danger, I think, of becoming something of a legal backwater,” Justice Michael Kirby of the High Court of Australia said in a 2001 interview. He said that he looked instead to India, South Africa and New Zealand.""In a...
Copyright © 2024 The Arena Media Brands, LLC and respective content providers on this website. HubPages® is a registered trademark of The Arena Platform, Inc. Other product and company names shown may be trademarks of their respective owners. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.
Copyright © 2024 Maven Media Brands, LLC and respective owners.
As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.
For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy
Show DetailsNecessary | |
---|---|
HubPages Device ID | This is used to identify particular browsers or devices when the access the service, and is used for security reasons. |
Login | This is necessary to sign in to the HubPages Service. |
Google Recaptcha | This is used to prevent bots and spam. (Privacy Policy) |
Akismet | This is used to detect comment spam. (Privacy Policy) |
HubPages Google Analytics | This is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy) |
HubPages Traffic Pixel | This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. |
Amazon Web Services | This is a cloud services platform that we used to host our service. (Privacy Policy) |
Cloudflare | This is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy) |
Google Hosted Libraries | Javascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy) |
Features | |
---|---|
Google Custom Search | This is feature allows you to search the site. (Privacy Policy) |
Google Maps | Some articles have Google Maps embedded in them. (Privacy Policy) |
Google Charts | This is used to display charts and graphs on articles and the author center. (Privacy Policy) |
Google AdSense Host API | This service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy) |
Google YouTube | Some articles have YouTube videos embedded in them. (Privacy Policy) |
Vimeo | Some articles have Vimeo videos embedded in them. (Privacy Policy) |
Paypal | This is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy) |
Facebook Login | You can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy) |
Maven | This supports the Maven widget and search functionality. (Privacy Policy) |
Marketing | |
---|---|
Google AdSense | This is an ad network. (Privacy Policy) |
Google DoubleClick | Google provides ad serving technology and runs an ad network. (Privacy Policy) |
Index Exchange | This is an ad network. (Privacy Policy) |
Sovrn | This is an ad network. (Privacy Policy) |
Facebook Ads | This is an ad network. (Privacy Policy) |
Amazon Unified Ad Marketplace | This is an ad network. (Privacy Policy) |
AppNexus | This is an ad network. (Privacy Policy) |
Openx | This is an ad network. (Privacy Policy) |
Rubicon Project | This is an ad network. (Privacy Policy) |
TripleLift | This is an ad network. (Privacy Policy) |
Say Media | We partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy) |
Remarketing Pixels | We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites. |
Conversion Tracking Pixels | We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service. |
Statistics | |
---|---|
Author Google Analytics | This is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy) |
Comscore | ComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy) |
Amazon Tracking Pixel | Some articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy) |
Clicksco | This is a data management platform studying reader behavior (Privacy Policy) |