“Government has to make choices families, businesses don’t”
This article was written by Cindi Ross Scoppe, an associate editor for The State, a Columbia South Carolina newspaper. The article is addressing an audience that will tend to agree with the authors points. It was written to statement that families & businesses react differently during a financial crisis than the government does. She makes the point that when a family is struggling to make ends meet, they decrease spending; the government does not. The federal government has limitless amounts of money at their disposal, even if that means gigantic deficits. A family or a business can only borrow so much, but only has the burden of their well-being to look after.
If I had to summarize her article, I would say that if the government had to deal with their budget the same as any of us in the private sector, they would be bankrupt and living on the street. I think she believes along the same lines as most of us do; we need the governments programs and spending. This process ‘New Deal’ was put into place during the great depression and should have been a temporary fix, however it is so enmeshed into our country that I’m not sure it can ever be untangled. I wonder at what point it can be assumed that this way of running the country is broken and try something else? I do agree with her comment, “there are no easy answers here.”
This article was written by Cindi Ross Scoppe, an associate editor for The State, a Columbia South Carolina newspaper. The article is addressing an audience that will tend to agree with the authors points. It was written to statement that families & businesses react differently during a financial crisis than the government does. She makes the point that when a family is struggling to make ends meet, they decrease spending; the government does not. The federal government has limitless amounts of money at their disposal, even if that means gigantic deficits. A family or a business can only borrow so much, but only has the burden of their well-being to look after.
If I had to summarize her article, I would say that if the government had to deal with their budget the same as any of us in the private sector, they would be bankrupt and living on the street. I think she believes along the same lines as most of us do; we need the governments programs and spending. This process ‘New Deal’ was put into place during the great depression and should have been a temporary fix, however it is so enmeshed into our country that I’m not sure it can ever be untangled. I wonder at what point it can be assumed that this way of running the country is broken and try something else? I do agree with her comment, “there are no easy answers here.”
