Question
What you think about that ? Some limitation in as far as economic growth in the U.S. come to mind with the idea of property
What you think about that ?
Some limitation in as far as economic growth in the U.S. come to mind with the idea of property rights. If there were more homeowners in the U.S. then there were decades ago I might agree with it. However, as the values of properties increase, more people turn to renting. In the case of renting it is usually in the best interest of the actual owner of the property to only maintain the bare minimum required to retain tenants. As more and more government regulations get put in place, the competitive market dwindles and what is left is more opportunities for monopolies to occur. Also for a very long time the debate in the U.S. for a flat tax rate continues on. To some there is less incentive for increased income as it gets taxes within a higher tax bracket. For the extremely wealthy, people are often hired to exploit tax loopholes and offshore their firms to avoid these tax rates. I do not necessarily think it is a bad thing for the government to address these limits. And in a lot of cases it almost seems to be a necessity that the public has in recent become more aware of because of things like the internet. However, in some cases that we have seen government intervention has resulted in more negative impacts. This is often seen in things such as healthcare and college tuition where government implements policies that end up increasing the cost to the average person. In the end the way that the government chooses to address these issues is very important and that there is also not a single solution for everything. In my opinion some things need government intervention and others just need to be played out in the free market.
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