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What ever happened to free enterprise?

Posted: Fri Jan 30, 2009 4:16 pm
by politics4u
What ever happened to free enterprise?

By Ronald Reagan - January 1978

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During the presidential campaign last year, there was a great deal of talk about the seeming inability of our economic system to solve the problems of unemployment and inflation. Issues such as taxes and government power and costs were discussed, but always these things were discussed in the context of what government intended to do about it. May I suggest for your consideration that government has already done too much about it? That indeed, government, by going outside its proper province, has caused many if not most of the problems that vex us.

How much are we to blame for what has happened? Beginning with the traumatic experience of the Great Depression, we the people have turned more and more to government for answers that government has neither the right nor the capacity to provide. Unfortunately, government as an institution always tends to increase in size and power, and so government attempted to provide the answers.

The result is a fourth branch of government added to the traditional three of executive, legislative and judicial: a vast federal bureaucracy that's now being imitated in too many states and too many cities, a bureaucracy of enormous power which determines policy to a greater extent than any of us realize, very possibly to a greater extent than our own elected representatives. And it can't be removed from office by our votes.

To give you an illustration of how bureaucracy works in another country, England in 1803 created a new civil service position. It called for a man to stand on the cliffs of Dover with a spy glass and ring a bell if he saw Napoleon coming. They didn't eliminate that job until 1945. In our own country, there are only two government programs that have been abolished. The government stopped making rum on the Virgin Islands, and we've stopped breeding horses for the cavalry.
A great read from a great President. :)

RE: What ever happened to free enterprise?

Posted: Mon Feb 02, 2009 7:23 am
by Per
This part was interesting:
How much are we to blame for what has happened? Beginning with the traumatic experience of the Great Depression, we the people have turned more and more to government for answers that government has neither the right nor the capacity to provide. Unfortunately, government as an institution always tends to increase in size and power, and so government attempted to provide the answers.
Same thing Ronald saw then is happening right now.

RE: What ever happened to free enterprise?

Posted: Mon Feb 02, 2009 4:51 pm
by DodgeFB
"Same thing Ronald saw then is happening right now." Absolutely! I could not agree more. :sad:

RE: What ever happened to free enterprise?

Posted: Mon Feb 02, 2009 7:34 pm
by Romulus111VADT
The same factors that caused the Great Depression are present now and will always be present. Corporate greed, money mismanagement, indifference by governmental officials, greed among politicians, special interest groups that buy off politicians.

Since the the very foundation of this United States, the politicians have tried to favor the rich and make the poor and middle class pay taxes, while the rich pay little if any. This form of taxation has never worked and it never will. The rich must be made to pay their fair share of the tax burden. Only give them tax breaks if they give extreme donations to charities.

Like Exxon that still reports a $45 Billion dollar profit for 2008 despite the lousy economy. Do you think these greedy bastards would offer a helping hand to the millions of people that lost their jobs? They just hope no one realizes that they are part of the reason the economy got so lousy. They started the ball rolling with $4.50 + per gal. gas and are keeping it at or about $1.50 per gal despite the price per barrel being at around $41/42

RE: What ever happened to free enterprise?

Posted: Mon Feb 02, 2009 11:26 pm
by DodgeFB
It would be nice if we could tell companies like Exxon to stick their gas where the sun never shines. And let those "big oil producing" companies eat their oil. :biggrin:

RE: What ever happened to free enterprise?

Posted: Wed Jul 29, 2009 3:34 pm
by code1
what ronald reagan wrote over 30 years ago is inconclusive,his outlines of free enterprise seem misguided,it seems he was reading from a script,we should be less concerned of free enterprise and focus are attention of national enterprise