Subsidies
Proposal 1
This is a more moderate proposal aimed at more short term goals.
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Posted January 24, 2007
Issues:
We, as owners of the government, cannot allow it to favor any business or group of people over another. Government subsidies unfairly devalue the work of some professions by bolstering others.
Principles:
In order to achieve a free economy, in which government victimizes no one for the benefit of any other, we oppose government gifts to corporations, unions, agriculture, broadcasting, the arts, sports, or any other special interest. In particular, we condemn any effort to forge an alliance between government and business under the guise of "reindustrialization" or "industrial policy."
Solutions:
We call for the decreased dependence on the Federal Financing Bank, the most important national agency subsidizing special interests with government loans. We also oppose all so-called government "private loans." Such loans transfer resources to special interests as effectively as actual government expenditures and, at the national level, exceed direct government loans in total amount. Taxpayers should not have to pay for loans defaulted against the government. All national government agencies whose primary function is to guarantee loans—including the Federal Housing Administration, the Rural Electrification Administration and the Small Business Administration—must begin total or partial privatization. Furthermore, the loans of government-sponsored enterprises, even when not specifically guaranteed by the government, constitute another form of subsidy. All such enterprises—the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, the Farm Credit Administration, and the Student Loan Marketing Association—must undergo privatization and reform.
Benefits:
With less taxpayer money being handed out to corporations and bureaucrats, more funds will exist to lower taxes and pay off the rising national debt.
Author's Comments
This is a first attempt at revising the plank on government subsidies. I aimed primarily at making the language less harsh. 0 Comments
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