Politicians Need to Stop Steering Investment Dollars Into Green Industry & Environmental Sectors
Indeed, it goes without saying that anything government does, well, it does not do well. Every major bubble burst in our economy always occurs due to inept government intervention, bad regulatory policy, bad tax policy incentives and/or lobbyist favors for one company over another. The list of mistakes made by politicians taxes our government are just too numerous to mention.
Presently, we are in a bit of hurt due to the subprime lending calamity, which sunk the overheated housing market. Now we hear politicians telling us that we can bail out our economy by investing in alternative energies, green technologies and environmental innovations. Interesting indeed, sure it makes sense leverage such technologies, the only problem is when government gets involved and pushes too hard. Next, they will start unbalancing the free-market playing field and diverting monies to these sectors.
As soon as they do entrepreneurs, corporations, vulture capitalists, investment banks and the like will start lining up to get some of this money flow. Since, the money flow will be so prevalent there will be no reason to go and create a new start-up that is actually viable, might ever earn a tax or even or even offer a reasonable ROI on energy savings for the buyers of the products or services. You see folks this is EXACTLY how the government creates bubbles in the tax mistakes rather than letting the free-market do what it does best.
The free-markets deliver everything you buy, sell or trade and they do it with efficiency. Why, because there is a profit motive to do so. If the government creates free-give-aways or offers tax incentives for one company over another, or one method or product over another; they favored method will become inefficient, that’s just a given.
Politicians need to stop steering investment dollars into green industries, rather the consumer should be allowed to choose which makes the most sense for them, this way the most efficient products and services will be the ones which help us into energy independence. Dear Citizen, the green tech sector is the next Bubble, it should be obvious. If you are enjoying things like the telecoms crash, DotCom bust, or the real estate and banking crisis fine, but if you are getting tired of this nonsense, why not look outside and observe what is really going on here?
There is no reason to keep repeating these ‘boom and bust cycles’ and sector rotations in our economy, no reason at all. Think on this.
“Lance Winslow” – Lance Winslow’s Bio. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/.
