Our Gold Guy
No Result
View All Result
Saturday, May 21, 2022
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
Our Gold Guy
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
No Result
View All Result
Our Gold Guy
No Result
View All Result
Home Economy

Threatened Shutdowns Show Government Is the Problem

by Gary M. Galles
October 20, 2021
in Economy
Threatened Shutdowns Show Government Is the Problem

Americans were just recently, again, faced with the threat of a government shutdown, this time due to blame-shifting over Democratic efforts to massively expand both government and government debt. As has commonly become the case, the political left hopes to use how central the government has grown over each of our lives as a lever to make it an even more important determinant of our choices, to the point of domineering us.

In particular, they wish to fight Ronald Reagan’s conclusion that “Government is the problem,” in the face of a great deal of recent evidence supporting it. However, the problems caused when shutdowns occur do not disprove Reagan’s view.

One major reason is that government does things it has no business doing. Suppose it created a bureaucracy with the power to selectively sell “free speech” permits to those approved to speak on public issues (much more plausible since the last election) or to administer civil asset forfeiture abuses. Neither advances our general welfare. Neither would comport with logic or the core documents of America’s Founding.

Neither would involve a constitutionally enumerated federal power. Yet people would adapt to the rules they faced, however indefensible. If a government shutdown then cut those bureaus’ funds, their failures to deliver services people had come to expect would cause problems. However, such problems do not prove government policies benefit us.

Similar logic applies to functions that would have been (and often have been) provided by the private sector (e.g., education and services offered by private insurers and friendly societies), but have largely been crowded out by government because of its special treatment (e.g., exemption from property taxes), coercive power (e.g., regulation and eminent domain) and access to taxpayers’ pockets for financing.

In those areas, government bureaucrats who know our circumstances and preferences less well than we do, care about us less than we do, and operate without the constraint of covering their bills through voluntary transactions will predictably serve us worse, and at a higher cost, than what they crowded out. As Milton Friedman put it, “Nobody uses somebody else’s resources as carefully as he uses his own.”

Absent any superior ability to do better for us with our resources than we could, the only way government can benefit some is to take from others, which is diametrically opposed to “liberty and justice for all.” If a government shutdown further degraded how well our “public servants” served us compared to our voluntary arrangements, it would not prove such government policies benefit us.

Further, even in areas many believe government should determine our choices, threatened and actual shutdowns teach a crucial, yet all but ignored lesson: government can’t be counted on to deliver on its promises, however attractive they may sound. After all, every instance illustrates government failure to deliver on commitments it has made and makes clear it is very likely to happen again.

When that unreliability is added to the unfunded liabilities from a cornucopia of government programs–such as Social Security and Medicare–that are so large, they cannot be delivered on, it is even clearer how far from trustworthy promised government “solutions” are and how dangerous giving trillions of dollars more to such poorly crafted “help” would be.

Government shutdowns can certainly create problems. But they should also remind us of when Albert Jay Nock observed that our octopean government has thrust all of its tentacles into virtually every part of our lives, often to our harm. The problems expressed in political shutdown posturing, and battles arising from government failure to perform duties it has arrogated to itself, provide no endorsement for placing even more power over us into government hands.

Image by Jackelberry from Pixabay. Article cross-posted from AIER.

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

Look around. Things aren’t the way they should be. Between Covid, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.

Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

Our Gold Guy offers consultations to those who want to invest in precious metals. During these consultations, we will match your current financial situation with the best physical precious metals purchases. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.

Fill out the form here and we will schedule a precious metals consultation with Our Gold Guy, Ira.

Our Gold Guy 2

Schedule a Precious Metals Consultation Today:

MyPatriotSupply 3
Tags: AIEREconomyGovernment ShutdownLedeTop Story


Learn more about RevenueStripe...

Bypass Big Tech Censors



Our Gold Guy



MyPatriotSupply


Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid

Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid

May 20, 2022
Can 'Freedom Trade' Replace Free Trade?

Can ‘Freedom Trade’ Replace Free Trade?

May 20, 2022
Alaska Airlines employees sue after allegedly being fired for voicing opposition to the LGBT 'Equality Act' on an internal message board they were invited to comment on

Alaska Airlines Employees Sue After Allegedly Being Fired for Voicing Opposition to the LGBT ‘Equality Act’ on an Internal Message Board They Were Invited to Comment On

May 20, 2022

Recent News

Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid

Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid

May 20, 2022

Search

No Result
View All Result

Site Navigation

  • Home
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics

About Our Gold Guy

This site is dedicated to helping Americans learn more about the economy, business, and politics. Our nation is in turmoil on all three fronts. We want to make a difference.

© 2021 NOQ Report

No Result
View All Result
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us

© 2021 NOQ Report

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>