Friday, April 4, 2008

On The Wrong Track

A poll released this morning shows that 81% of Americans think this country is on the wrong track.
The poll found that 81 percent of respondents felt "things have pretty seriously gotten off on the wrong track." That was up from 69 percent last year and 35 percent in early 2003.

Only 4 percent of survey respondents said the country was better off than it was five years ago, while 78 percent said it was worse, the newspaper said.

The Times said Americans were more unhappy with the country's direction than at any time since the survey started in the early 1990s....

When questioned about the mortgage crisis, Americans blamed government officials more than banks or home buyers and other borrowers for the turmoil, the newspaper said. Forty percent of respondents said regulators were mostly to blame, while 28 percent named lenders and 14 percent named borrowers, according to the poll.

Those surveyed said individuals, not financial institutions, should get government help. The paper said a clear majority told pollsters they did not want the government to lend a hand to banks, even if the measures would help limit the severity of a recession.
It doesn't say what track people think we should be on though. From the looks of things and the kinds of things people are demanding like having the government provide more for them - the track they seem to want to be on is one leading to Socialism.

They want government control on markets, on the price of energy, on the price of wages, and control of the cost and distribution of healthcare. Because the average person knows more about American Idol contestants and whether Britney is in or out of rehab, we have a monumental problem in this country. Public education certainly doesn't ever equip people with a firm grasp of anything having to do with economics or political theory or even history. So the masses wouldn't know if they were living under Socialism or not, and why that would be a good thing or a bad thing. They only seem to understand the concept of entitlement.

Do you think the average person is now contemplating how to protect themselves from really bad financial times? and if they are already living through bad financial times how to get themselves back on their feet? More likely is their thinking that government will bail them out. The question is who is the government? They don't seem to understand that it is for all intents and purposes, them. Taxpayers.

More bailouts = higher taxes.
More expenses on social programs = higher taxes.
More government control and intrusion = less liberty and freedom.
Financially we are at a breaking point.
It is evident that we are marching towards Socialism, and therefore we are absolutely on the wrong track.