The Role of Government
A good summary of why we need federal government, and what is at risk during this election:
Who will build bridges, provide sewage systems, national defense, roads, airports, water systems, and so on if not the government? Who will force internalization of all costs of production if not the government? Who else can overcome adverse selection, information, and moral hazard problems in health and retirement markets? Conservatives can come up with stories about how the private sector will overcome these problems and provide goods in each case, but historically these goods simply haven’t been provided, at least not at the scale and breadth needed. That’s why government stepped in to begin with. To think it will somehow be different this time if government stepped out of the way is highly wishful thinking.
Read the full article: Extreme Politics will make the the US the Biggest Loser