South central kansas | reformedbanker - 4/7/2025 11:58
I guess I'm old school Delta. I just want government out of the way and to stop picking winners and losers. The free market does that function so much more efficiently, with the guardrail position of government. Tariffs can be a guardrail if used for national security. Sacrifice efficiency for national security. For broad policy, the macro economy will suffer. Government shouldn't be concerned with irrational exuberance in the stock market, but it should be concerned with enacting policy that enables businesses to foster growth. And that policy is non-intervention most often.
Reformedbanker, you almost sound like Calvin Coolidge.
“The United States Government ought to keep from undertaking to transact business that the people themselves ought to transact. It can’t function along that line. As soon as the Government tries to transact such business, the people with whom it is being transacted don’t regard it as the Government’s business. They think it ought not to be done for the benefit of the Government in a way that would be for the benefit of the Treasury or all the people, but that it ought to be done for their benefit. And that always creates a situation that it is extremely difficult to contend with and one which is practically impossible. So that it is my policy, in so far as I can, to keep Government out of business, withdraw from that business that it is engaged in temporarily, and not to be in favor of its embarking on new enterprises.” Source: “Press Conference,” on December 9, 1927.
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