Don't Do It!

Here they are again, trying to manage your economic decisions from Washington DC. They have decided to save the auto industry by giving you up to $4,500 to purchase a new car. They will give you cash to put yourself $20,000, $30,000, $40,000 in debt to "save" the auto industry. How can this be legal? How can government, under our Constitution, give aid to any industry. No matter how many times you read the Constitution, that power does not seem to be there.

And to those who want to blame (D)emocrats, realize the (R)epublicans are in on the deal too:

"Stimulating sales is the only way to get the auto industry back on its feet," said Rep. Donald Manzullo, R-Ill. [Read]

Is that there job in Washington, to stimulate auto sales? No, but until we get them out of our lives and demand some freedom, we are all going to be burdened with the financial brunt of bailing out dead auto companies...dead because they are poorly run.

"It's defying the laws of economics and saying we can manufacture enough of a demand to keep the auto industry afloat," said Rep. Jeff Flake, R-Ariz. Sure, that is correct, but how about the basic question: Is this the roll of our government? Is that question dead these days?

posted at 17:30:21 on 06/09/09 by clearpolitics - Category: Economics - [Permalink]

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