07-02-09, 09:58 AM
Easiest way would be privatise everything, buy off the country's debt with the money, disband government. Problem solved.
Ok, it is kinda unlikely the government would volountarily give up even a tiny bit of their powers they worked so hard to achieve, so an alternative would be to let capitalism actually work and let the free market regulate itself. If a company is going bust, let them. Supporting them just means bigger problems in the long run. Insurance covers losses in banks so let it cover losses in banks. Constant bailing out of failing businesses just means they fail for longer and drain even more resources and time.
Seriously, how many companies that have been bailed out in the past have made any sort of recovery to a stage where they are making a steady (even if small) profit. Car manufacturers especially come to mind...
Ok, it is kinda unlikely the government would volountarily give up even a tiny bit of their powers they worked so hard to achieve, so an alternative would be to let capitalism actually work and let the free market regulate itself. If a company is going bust, let them. Supporting them just means bigger problems in the long run. Insurance covers losses in banks so let it cover losses in banks. Constant bailing out of failing businesses just means they fail for longer and drain even more resources and time.
Seriously, how many companies that have been bailed out in the past have made any sort of recovery to a stage where they are making a steady (even if small) profit. Car manufacturers especially come to mind...