Essay about The Consequences of Excessive Government...

The fact that there are areas in which government is needed cannot be denied. The state collecting taxes for the provision of things such as roads, bridges, police departments, fire departments, or even a safety net for those that fall on hard times, as long as it is well regulated are all reasonable uses. I will also not deny that there are areas where central government intervention is needed. Regulation to prevent monopolies, ensuring segregation of public schools and facilities, and protection of rights, to name a few, are perfectly acceptable functions of central government. Big government is not the answer, it is actually a big part of the problem, especially when meddling with the economy. In this paper, I am going to dispute†¦show more content†¦(Cowan, 1985). The economy didnt actually turn around until Ludwig Erhard, German Economic Director, introduced monetary reform and abolished all of the ACC economic controls (Cowan, 1985). Monthly production skyrocketed to highs not seen even after Marshall plan aid started to arrive(Cowan, 1985). Doug Bandow, senior fellow at the Cato institute, echoes Cowans study by pointing out that the European economy that performed the worst, Great Britain, actually received the most Marshall Plan aid (Bandow, 1997). Madrick also points to LBJs Great Society, and FDRs new deal as big government successes (McKenna Feingold, 2012). There are many economists that can point to facts showing the New Deal actually prolonged the Great Depression. LBJs war on poverty has not decreased poverty. When the war on poverty was enacted the poverty level was at 6%, today the poverty level, according to the 2010 census, is at 14% (CNN Money, 2010). If government intervention in the economy is indeed a good thing, perhaps Mr. Madrick can explain why poverty has increased since the enactment of the Great Society? Madrick believes laws that call for higher wages and aid in unionization are good for the economy (McKenna Feing old, 2012). TheShow MoreRelatedGlobal Forces and the Western European Brewing Industry1252 Words   |  6 PagesIntroduction The purpose of this briefing paper is to analyse the data given from the case study to determine the impact and consequences global forces have, by using the PESTEL framework. This framework is used to help form a strategic analysis of the macro-environment; the outside factors beyond the control of a company. It categorises the environmental influences into six groups: political, economical, socio-cultural, technological, environmental and legal; making up the acronym PESTEL. Read MoreEssay on Government Corruption1158 Words   |  5 Pagesacademics and policymakers. There are a number of reasons why this topic has come under recent inspection. Corruption scandals have toppled governments in both major industrial countries and developing countries. 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