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Published on Oct 13, 2008
Part 5 of 6: How government creates a dependent population, generations of welfare recipients & uses massive regulations to hinder private sector competition.
Phenomenal presentation by John Stossel of 20/20 explaining how the lack of competition within ever expanding government agencies create a bloated monopoly of inefficient governing bodies that simply dont work. Our governments have exploded from their original roots to protect our rights to controlling every aspect of our lives in a counter productive manner that ultimately steals our living standards through excessive taxation.
For those who are concerned with outsourcing; it is argued by many companies that they do so out of necessity due to excessive taxation & regulations that render them inefficient on a globally competitive market.