Economic stimulus packages and bail outs
- Economic stimulus packages
- The American government's role
One of the largest and most frightening problems associated with the economic stimulus packages and the bail outs is the idea that the government is simply ignoring the powers and limits the Constitution applies to it. This can be a frightening scenario because the Constitution was put into place in order to limit the powers of the government and help keep the government from ruling different than the founding fathers wanted. Ignoring, changing, or bending the Constitution to the whims of the government can lead to chaos and ultimate destruction when it comes to delicate balances such as the economy. Of course, the constitutionality of the issue depends on which party you associate yourself with. A strict constructionist, or a textualist, might believe something completely different than a person with a looser interpretation of the Constitution.
This leads to compromise which is often the best option for decisions like this one. Some people argue that as a free market, the United States' economy should be left alone by the government and government interference can cause more problems in the long run. They say that this downward spiral is just a natural occurrence of the economy and it will eventually reverse itself and become normal again. The bail outs and stimulus packages are only two examples of the idea that the United States' government is becoming less and less of what the founding fathers wanted it to be. Many citizens would agree with the opinion that the government is too large and has too much of an effect on citizens' lives. This shouldn't be allowed and a change is needed in order to help fix problems such as the economy.
[...] Basically, the government needs to become what it was always meant to be, a government of the people, by the people, for the people. Bibliography "Stimulus Package Details | Economic Stimulus Package Timelines | Stimulus Package."Stimulus Package Details ~ Economic Stimulus Package ~ Stimulus Package ~ Stimulus. Web. 15 Sept. 2011.
[...] First, the government was already deep into debt before it sent out economic stimulus packages and bail outs, so afterwards it was even deeper. This isn't good for the country, or the rest of the world that depends on the huge economy of the United States. The government has spent around $5 trillion. That is an unimaginable amount of money, especially for a government that is already in debt. The amount of borrowing the United States has to do is too much and is putting a strain on the rest of the world. [...]