Our government has made promises that we can't fulfill even if we raise tax rates to stratospheric levels

If I were still teaching strategy full-time, I would require my students to watch Too Big to Fail, and I would devote 2 class periods to discussing it.  In the first class, we would talk about what happens when do-gooders in Washington decide that government can do the impossible -- things like trying to make homeownership, an integral part the American dream, a virtual entitlement.  In the second class, we would examine what happens when government severely limits its options by taking on mountains of debt that it can ill afford to pay.  At the end of those classes, even diehard liberal progressives would have to admit that there are serious limitations to what government can accomplish.Saying that our government has overreached is an understatement.  From welfare to Medicaid to food stamps to Medicare to Social Security to Obamacare to ill-conceived subsidies of various sorts to you name it, our government has made promises that we can't fulfill even if we raise...(Read Full Post)

COMMENTS ON AMERICANTHINKER

RECENT VIDEOS