The Role of Government in the U.S. Economy

     Following the excesses of the mid 1920s, the crash of 1929 and resulting national depression the Roosevelt administration intervened with the passage of new financial regulations and massive deficit spending in order to get the economy functioning again.

     Over the years the nation has come to consider this a proper and successful instance of government intervention and slowly began to expand its presence in the economy necessitating higher taxes.

     The Reagan administration began to counter this trend with lower taxes and a free market (non intervention) philosophy which seemed to work for a number of years.

     Whether it was caused by "non intervention" or regulators who don't regulate or failing to keep up with the new technologies of computerization and new financial investment instruments, our nation once again arrived at a financial crisis that required intervention by the government.

     The Congress and President have passed and signed major bills this year that attempt to address a number of problems in the U.S. with the "details" to be worked out by committees and government employees.

     This November the electorate will vote with these issues in mind
           "What can/should the government do?" ... and
           "What did/should the government have done?"

     Let us hope that by the fall elections enough of these details will be developed and then accurately communicated to the public that we can vote intelligently.