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RE: Should America Continue To Support Failing Industries?

in #life8 years ago

Our problem is debt, and lots of it. lots of free money being thrown around into every sector of the economy that falters even a little. We've papered over every minor correction in the last 30-40 years, and each time we piled on more debt. I don't know where the end of this rope is that we've hung ourselves with, but it sure feels like its getting close.

The subsidies are a small segment of a larger problem, but ending them would be a great start to fixing the perpetual mistakes that government makes meddling in the markets.