People around the world love us for our love of freedom. According to the Kauffman Foundation, over 66% of US Citizens would see"reducing legal barriers and red tape for new business development.." than bailouts as a response to the economic crisis.
Of course the government is doing more regulations and more bailouts, but it is wonderful to hear the American people by a wide margin prefer freedom and starting businesses to bailouts.
The problem of course is the 1/3rd who turn to government to solve their problems. This economic crisis would end if we were freer to start businesses and freer from pointless interference (like taxes that cost more to collect than the money collected, and calling sand a "hazardous material.")
We lack the freedom to get out of this mess, and those responsible will avoid any responsibility. A bad combination. WE've ahad a rach of people shooting up places becuase they "recently lost their job." What if these people had been free to start their own businesses? But I am encouraged, if we were to cut back on rules and regs, the american people would step ion and do their part to rebuild this economy.
Saturday, April 4, 2009
Why They Love America
Posted in busted, market intervention, Radical small business by John Wiley Spiers
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