GM is not "going under" they are "going bankrupt." They will continue to make cars, and will be able to restructure in order to actually turn a profit. I understand that others will be hurt by this, but that is no justification for propping up a business that is unable to make any money. Someone is always hurt when a business fails, but that does not mean that no business can ever fail.
We could also use less foreign oil by being allowed to drill our own oil, but that is neither here nor there.
Investments are a risk, they should not be "saved by the government." It is not the government's job to ensure that people are employed either. The welfare burden will increase in the short term by letting the market work, or it will increase indefinitely because the government will be forced to continue backing companies that do not work.
Heartbreaking or not, we cannot simply pay people to not change with the times.
Because they sacrifice quality for quantity, and they are highly taxed.
Debt is not a bad thing persay, it is how that debt is used that is important. When we use it to fund some social program it is a waste, if we use it to grow the economy, then the debt is fine.
You absolutely have the right to property. James Madison spells out for us in Federalist 10 why it is so important. The right to acquire and protect property was considered to be one of the fundamental, inalienable natural rights of mankind, and it is recognized as such in most of the original state constitutions and nearly all of the subsequent state constitutions.
Well stated.
