Economics & Politics

There is simply no way to separate economics from politics in America today. Almost all political decisions affect the economic realm. From taxes to infrastructure, from subsidies to safety nets, our policies determine what happens in the American economy.

It is deceptive for politicians to cry out that, “Washington should not pick winners and losers”, when practically all of their decisions affect the success or failure of businesses in America.

Unfortunately, politics in America has become infested with lobbyists–and they have one aim: to make as much money for their clients as they possibly can regardless of the costs.

Why do profitable oil companies get more subsidies than the renewable energy startups? Politics. The oil companies have powerful lobbyists in Washington and they have politicians in their pockets.

The reason why Wall Street executives pay less then 15% in taxes, and police, nurses, and teachers pay over 20% of their income? Lobbyists. One of the lobbyists’ major concerns is who pays how much in taxes.

What happens when the dwindling middle class is strapped, while the wealthy refuse to pay any more in taxes? We get a crumbling infrastructure.

Why can the military pay $3000 for a screwdriver, and our schools are grossly underfunded? Politics.

Maybe it’s time we ask ourselves, what do we really want. People want the borders enforced, but they don’t want to pay taxes. They want the roads repaired, but they don’t want to pay taxes. Even the right to liberty has to be enforced through the legal system—and  this takes money. Want a strong military? Takes money. Property rights? …

In fact, next time you see a bumper sticker with the slogan, “Freedom isn’t Free”—ask  the person how he feels about paying taxes.

It says in the preamble of the United States Constitution that one of the aims of government is, “to promote the general welfare”, not one or another special interest.