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Economics-C-E

13 Dec

Democrats have shown a continuing trend to push socialist control through welfare programs. They started during the depression and have continually worked to expand the number of people dependent on the government for support by expanding the number of government workers and benefit recipients dependent on the programs. They tell them to vote Democrat or the Republicans will cut the programs. The initial programs created jobs and did a lot of good by paying people to work so they had money to buy goods and services which also helped the businesses. However Democrats quickly expanded them and began paying the people directly rather than providing jobs. While they required the person to look for work, they discouraged them from working because they could make more on welfare. The housing crisis of 2008 was created by President Clinton when he forced banks and loan companies to take on loans to people without clear ability to repay them. It led to mass defaults in repaying loans which led to bank failures. During the housing crisis, President Obama loaned money to banks and companies  and placed them under government control until the loans were repaid so they had control of the companies as well as having control over those on welfare. They did the same with the auto makers. By giving the money to the companies, the workers were paid but didn’t have any work because the people weren’t able to buy cars. If they had given vouchers to the people to buy cars the workers would have had work and still get paid, without government takeover of the car companies. President Trump worked to get people back to work and saw record low unemployment right up to the outbreak of the epidemic.

 

 

 

 

 

 

 

 

 

 

 

 

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