Editor’s note: U.S. News and World report points out some of the tenents of “Eisenhower Republicans.” You can’t help but notice the difference between their views and that of the extremists we encounter nowadays.
2) Government is not the problem, but government can’t solve every problem.
4) Government should empower consumers with “Goldilocks” regulation of free, fair marketplaces.
Empowering consumers means that we should regulate product safety, food safety, etc. Reasonable regulations are necessary to ensure that commerce is fair, free and competitive. For example, the federal government recently announced new regulations for credit card issuers. These regulations are meant to inform and help consumers make better choices while protecting them from aggressive rate hikes on existing balances.
Don’t like regulations? Few Republicans do. But think of how free enterprise would function without regulation. The best way to think of this is to imagine a football game with no referees and no rules whatsoever. Players and coaches are expected to call their own penalties. That is laissez-faire capitalism in a nutshell. Any sports fan knows this is ludicrous and would never work.
So we concede that some regulation is always necessary.
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