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Good Intentions, Bad Results |
| Section: CURRENT ISSUES / SPECIAL FEATURE--GETTING GOVERNMENT UNDER CONTROL |
| Author: |
| Publication: The world & I online |
| Issue Date: 2/1/1986 |
| Size: 674 Words, 4,182 Characters |
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It is safe to assume most politicians do not understand economics. The policies they propose and enact speak very eloquently to this point. Even if they did grasp economic principles, it probably still would not matter since the majority of politicians are interested in short term political advantages - even if it means economic trouble in the future.
Political history is replete with examples of government programs that dampen the performance of the economy. Farm price supports, regulatory agencies, and counter...
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...is almost a contradiction in terms. Yet, if America is to prosper in the future, the politicians will need the guts to make the right choices. It will not be easy; those who live comfortably off the labor of others will fight tooth and nail to maintain their privileged position. As difficult as it may be, politicians must abandon short-term solutions if we are to enjoy long term prosperity.
(529 of 4,182 characters)
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