Monday, March 16, 2009

Why the Government should not bail you out. (Topic one)

I chose to write about this topic because it is happening as we speak in Washington. The government knows that we are currently in an economic crisis. But, they are choosing to bail out all people who say they need the money. I think this is wrong because of the consequences of these no strings attached bailouts. The first thing i site is welfare. While in theory it is a good idea, in reality the results are quite mixed. Some times the person receiving the aid will be able to pull themselves out of poverty. But then we come to the other group of these people. A lot of people feel they no longer have to work to make money or feel scared to work because if they do, they will no longer receive a welfare check. This does not help at all. A private organization that has a large amount of oversight about where the money goes and how it is spent is a much more reliable way of doing things. A church for instance can tell the recipient of the money how to spend it and how to get a job to get on there feet again. Also, private organizations can create incentives to get jobs in the way that the government can't. These could include free daycare for children, aid on school supplys, ect. another reason not to be dependent on welfare is if the unemployment rate gets to high and to many people apply for welfare the government will not be able to pay everybody.

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