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American Voters Want A Free Market With Government Regulation

12/29/08

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Tags: US Economy

From Rasmussen Reports

70% of U.S. voters say a free market is better than one managed by the government.
A majority of voters (52%) also believe there is a need for more government regulation of big business, although 35% disagree.
Forty-eight percent (48%) worry the government will do too much, while 41% fear it will do too little. Eleven percent (11%) are not sure which is a greater concern.

» Commentary by Kris Lazaro (registered Democrat)

Americans do not know or understand, or entirely want, a free market. According to a new Rasmussent telephone survey, a whopping 70% say a free market is better than one controlled by the federal government. But, in the same poll, 52% say there should be more government regulation. What?

Obviously, those polled do not understand that in a free market there is no government oversight. In a true capitalist society, government has no role in business and vice versa. Government's role in this scenario is simply to protect its citizens from domestic and international events and the like.

To this author, though, government should be invovlved in national economy. This means simply that government should have some power in the regulation of businesses, otherwise corporate greed (like the one we are seeing now) will take over, and the rest of the country will suffer economically.

The pure free market is inherently flawed, therefore, we need limited government intervention.

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