To the editor:<\/p>\n
Why does\u00a0anyone believe that the government\u2019s bailout of big business is not socialism, but bailing out citizens who fall on hard times is?\u00a0 Industry bailouts are necessary to keep the economy afloat; likewise, creating policy and protection to keep citizens from medical\u00a0bankruptcy, and homelessness due to insurance profiteering, or predatory lending is, too.<\/p>\n
If you think we live in a market economy, try opening a mom-and-pop small business next to a corporate franchise that gets tax breaks,\u00a0relocation\u00a0incentives and subsidies.\u00a0 You will soon find out that America doesn\u2019t.<\/p>\n
If\u00a0you believe that industries essential to a functioning society should be occasionally\u00a0supported,\u00a0it is hard to argue that homeless, sick, and poorly-educated citizens should not also be occasionally supported to\u00a0reduce failure.\u00a0 Minimizing society\u2019s members\u2019 risk of failure, keeps society on an even\u00a0keel and saves society the cost of expensive bailouts.<\/p>\n
The working class contribute more to our tax base and keep the money circulating than corporations and deserve the support that keeps the engine of our country going.\u00a0<\/p>\n
Right now, America\u2019s farm industry needs the government\u2019s rescue from its own poor tariff policy.\u00a0What happened to DOGE and reducing layers of government bureaucracy?\u00a0If our\u00a0government is okay with throwing more money at big\u00a0industries to clean up its policy mistakes,\u00a0apply the same practice to those in red-lined communities who have lost the chance at accumulating\u00a0generational wealth and or loan restructuring because we have a government that makes a profit from student loans.<\/p>\n
Karyn Edison<\/p>\n
Fort Myers<\/p>\n","protected":false},"excerpt":{"rendered":"To the editor: Why does\u00a0anyone believe that the government\u2019s bailout of big business is not socialism, but bailing…\n","protected":false},"author":2,"featured_media":45997,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[209,211,210],"class_list":["post-45996","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/45996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=45996"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/45996\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/45997"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=45996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=45996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=45996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}