Letters to the Editor

Government-run entities have bad track records

Thomas Jefferson once said, "My reading of history convinces me that most bad government results from too much government."

A brief review of "too much government" management of some big-ticket items reveals this:

  • Amtrack has never turned a profit and depends on government subsidies to survive.
  • The Social Security trust fund, moved to the unified budget by President Lyndon Johnson has been "raided" by government borrowing it cannot support.
  • Freddie Mac and Fannie Mae are both financial disasters.
  • Medicare and Medicaid are both broke.
  • Immigration policies have been totally ineffective.
  • Taxing policies for large U. S. corporations have sent millions of jobs overseas.
  • Jefferson also said, "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them."

    John McGavack Jr.Hilton Head Island

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