You are viewing a single comment's thread from:

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.

Coin Marketplace

STEEM 0.20
TRX 0.26
JST 0.039
BTC 100331.97
ETH 3646.26
USDT 1.00
SBD 3.05