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Chuck Baker is Right! Well, I am. What I mean is that my friends always joke that I’m always right (or at least I think I am). The thing is I don’t say anything, unless I know I’m right. So it's not that I’m right about everything, but usually when I speak I know what I’m talking about. My dad always said, “Don’t speak unless you know your right.” This blog includes many subjects like religion, politics, business, movies, sports, and more. On the left you will see options to search this blog, see popular posts, a catalog of posts, and favorite links. Please check out my YouTube channel by clicking on the link under favorite links.

Laissez-faire Today

Laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.  The only way a government can be of service to national prosperity is by keeping its hands off.  

Liberals, Democrats, Leftist, Progressives, and Socialists will read that and say you just want businesses to do whatever they want.  They don't understand the difference between government enforcement of laws and government intervention into the free market. 

Laissez-faire today is different from the 18th or 19th century, but still no less important.  Government's job today is to make sure that individuals and businesses aren't committing crimes like stealing, fraud, monopolies, child labor, unsafe working conditions, and slavery.  But what government shouldn't be doing is picking winners and losers in the economy.  They shouldn't be bailing out companies that make bad decisions.  They shouldn't be passing laws to help one industry over another.  There shouldn't be over taxation on businesses that especially hurt small business.  And they shouldn't be interfering in things like price setting, limiting competition, or deciding wages. And government spending shouldn't be used as a way to stimulate the economy.  Government should try to be as less involved in business as absolutely necessary.