I am not saying it isn’t in need of fixing, I’m not saying it’s ownership isn’t a little fishy, but it’s just ridiculous how the cadre of Fed haters on this board and others like to completely negate the fact that by smoothing cycles and producing a period of predictable inflation, we’ve been able to grow the America we know and love.

That said, great article. Keep up the good work!

The highway systems have allowed the private sector to deliver goods and services faster and more efficiently. They created more competition and lower costs as the railroads no longer controlled interstate commerce.

Likewise, air travel up-ended the trucking industry and the unions hold over prices for transporting goods by truck.

The defense department (DARPA) created the internet, but it wasn’t until that became available to the private sector that, once again, individuals put their ideas into practice, created something of value and became more productive.

On the other end of the spectrum, we have the Department of Education, which has done nothing to improve the education of our society. Test scores, and aptitudes have been on the decline as resources have been re-distributed to the inner cities.

If there’s anyone who can say that our quality of life has improved since the fifties and the inception of the modern “welfare” system – I say, you’re wrong.

We used to be able to live well in a single-income household. Many of the people in college today wouldn’t even know what that means as they’ve been raised in a two-income household, raised by the government-controlled child care centers, public school systems and colleges who rely on Government to teach them that there is only one institution that can take care of everything they need and now it’s so ingrained that they have no experience of anything to the contrary they can point to and say – big Government destroys individual liberty and the knowledge that, if allowed to use their own resources everyone will do what is necessary to improve their own life.

If you don’t expect to walk down the street and ask your neighbors to contribute to your next trip to the grocery store, why would you expect the government to take it from your neighbors and give it to you?

I think you mean ‘defending’ their programs from public ignorance and eternal right wing attacks based on public lack of education.

Well, FDR, did more for these country then all republicans put together since then. I also remember the Apollo program — probably the greatest program ever, after all those in the great depression and WWII.

Republicans build bridges to nowhere, destroyed our economy by lying to take us into a war while providing tax cuts and defunding government, and wouldn’t even catch Bin Laden!

Republicans, who create little and abuse a lot, are, as the terrorist who attacked us, fundamentalists who create fantasies, such as the now debunked trickle down econ theory, in order to defeat clarity, logic and reason.

Imagine where our seniors would be if we had privatized the social security program as republicans wanted — before the financial crisis their lack of updated regulation created; and soon again.

Really? I think to the contrary. Its always a list and the later the comments the further you have to scroll to see them.

“Go to Fox News and see how you like its comment streams. Content aside, I bet you don’t like that system at all.”

FauxNews? — I don’t trust their content.