-Investment banking
-Professional Sports (Division 1-A college is professional in my book)
-Agriculture
-Housing
-Health Care
Just to list some of the subsidies these industries receive:
-Guaranteed loans from the Federal Reserve
-Professional Sports (When is the last time you heard of an unsubsidized stadium)
-Agriculture (Bob Dole said a farmer can double their income by installing a second mailbox)
-Housing, probably not enough room to list them all, but here are a few: deductions, FNM, FRE, FHA, Federal Reserve Purchases, Tax credits, etc
-Health Care, I read between Medicare, Medicaid, VA, and government employees it is over 50% of all health care spending in the country
The problem is now that all of those industries are oversupplied the government is trying to create demand for their products.
How long can the government choose what the nation creates and create the demand for those products?
No comments:
Post a Comment