Corrupt Economics

   

  Our economy is corrupt. There I said it. The past decade has flourished with political debate and civilian response to the unveiled actions of the people we support with our credit cards. Their incompetency and poor action choice is known of more now than every before thanks to big media. Presidents, vice-presidents and the like of failing companies take excessive vacations with company funds. We have a problem. Yet, a solution seems far away on the horizon. Why? Well, the government certainly doesn't seem to penalize big companies/ banks for their mistakes. The amount of bailout money that the aforementioned received would give the typical US citizen an aneurysm. Imagine that... I'll give an example:

     Johnny relieves the dreaded W-2 in the mail. He files his taxes and much to his glee, learns that the US government is actually paying HIM money. Why? Johnny messed around, spent his customer's money in excess and made poor business decisions. This is no small amount of money either. No sir. This is billions (in US $$) that we're talking about here. Johnny already made a few mistakes. We would assume that he has now learned from his mistakes. Not really, Johnny takes that bailout money, the money that he is supposed to be using to reimburse his clients for his previous mistakes, and spends it further in excess.

     The question I propose is very simple but has yet to be addressed. When will the US government allow business to fail? The consequences on consumers and stockholders would be dire, I agree. But in the end, isn't that how a free-market economy should work? Survival of the fittest. Let the best man win



Yes that means you Wells Fargo