Friday, September 19, 2008

Big Government = Bad Government

This is my post to a discussion on

Government, like supply and demand, has an optimal size. When it is too small, it can’t provide the nessessary services. When it is too big, the internal corruption will be overwhelming.

In US, the problem is the government that is big and corrupted. To prove my point, just check how much money is spend on pork by congress each year (and yet not many people angry about it because it is so far away from them that they just want a piece of hand back).

The government spend billions on bad projects and then have to spend billions to bail them out, good examples will be Fannie Mae and Freddie Mac.

Market will go up and down. The less governent intervens, the bigger the waves but usually the faster the economy grows.

If you want a market that is ultra stable, North Korea is a great example.

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