The simple truth regarding government spending is that it truly is misguided, ineffective, and completely outclassed more simply by politics than an interest in the benefit of the. Government spending by nature subsidizes an industry or business by providing it funds it had not been earning in exchange for a support. This is bad because the federal government may not pick the company gowns best for the position.

Consider the Obama administration's decision to bank loan Solyndra, a Californian solar energy company, 535 million dollars. Obama easily agreed to give this company this incredible sum of money simply because the business promised to make a thousand new jobs. Due to the government's expensive investment, which was likely to create even more jobs and move our economy to a more environmentally friendly foreseeable future, the company gone bankrupt within just 2 years. This incident features the defects of government spending. Notice that the government simply gave the company 525 million dollar on the grounds that they thought it would spend the money smartly. It is step to understand that the us government is not a business. Their goal is not to make a profit. Instead of making companies compete to prove that they are the best candidates to receive government help they simply give away money, a thing no non-public corporations is ever going to do, and something, as you find in the case of Solyndra, has high potential to squander the money of taxpayers.

Even worse compared to the government's insufficient interest in organization are its actual interests. It can be no secret that the dirty game of governmental policies is the force that genuinely runs govt. Not a sincere concern for the needs of the economic system or the requirements of the persons but instead a concern intended for the needs of the politics party. The truth of Solyndra can also illustrate this. Most of the company's major backers are major fundraisers for Obama. There is cause to believe that this company as well as numerous others are acquiring government financial aid and loans due to connection...


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