This is why we love limited government
Team TRADEway • August 1, 2019
There are many reasons we believe in limited government. One major reason government should be limited is that government control and regulations have a negative impact on economics.
If you have limited government it means you have lower taxes.
- When you have lower taxes, companies can hire more people.
- People make more and get to keep more of their salary so they have more disposable income.
- More disposable income means people can buy more things.
- Companies do better when sales are up, which means their pay goes up.
- A positive cycle of prosperity is created.
Ronald Reagan said, “The most terrifying words in the English language are: I'm from the government and I'm here to help.”
He felt that private business could do everything better, because capitalism works. The free market system works, and it tends to create things that people want. When government does not interfere, the free market system works like a well oiled machine. When government tries to take charge with bureaucratic methods and rules, it stifles that cycle of prosperity. The whole economy dwindles, and it becomes like a sick little plant whose leaves wither, and there's no fruit. Limited government is good for economics.
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