Government Regulation: Crash Course Government and Politics #47

Today, we’re going to wrap up our discussion of economic policy by looking at government regulation. We're going to talk about the government's goals for the U.S. economy and the policies it employs to achieve those goals. Ever since the New Deal, we've seen an increased role of the government within the economy - even with the deregulation initiatives of President Carter and Reagan in the 80's. Now this is all pretty controversial and we're going to talk about it, as this is a long way from the federal government handed down by the framers of the constitution.

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[agachup]

You guys should start a new series where you help young adults understand the monetary world. Taxes, mortgages, loans, compound interest etc. It could be called "Cash Course"

[james]

social democracy long live the revolution

[BUDHUD]

When does government regulation become absolute central command of the entire economy (aka Soviet communism where 60 million people starved to death)?

[rred]

When Crash Course says good things about govenment:"You guys are so biased!"
When Crash Course says bad things about govenment:"So true!"
Guys he's not saying the government is good he's telling us what certain things it puts in place and what their purposes are.

[Stikibits]

“The poor have sometimes objected to being governed badly. The rich have always objected to being governed at all.”
~G. K. Chesterton, English essayist (1874-1936)

[pwrserge]

Government is not the solution to any problem. Government IS the problem.

[theawesomedude]

You can trace almost any negative influence on the market back to our government.

[Bounsingonbongos]

If taxes are theft, I'm sure you'd like life with out public school, no interstate highways, and no military.

[mariojug]

> watches video
> video has opinion contrary to mine
> is triggered

[BoffinGrusky]

This episode should have been called "Crash Course in Crony Capitalism".

[adamih]

+Justin Pursley Can you stop writing you marxist 1-liners in every single freaking comment on this video? Thanks!!

[David-qfdy]

I love how there are enough Crashcourses that when they casually mention a topic, one can click on that video to get an in-depth view.

[PablinskyCorporation]

*>Thank you government, you're so useful!*

[murrayvonmises]

Economic Illiterate -.-
Please don't comment on government and economics.
This was almost just as bad as the great depression episode.
Tariffs making America the strongest economy in the

[momentary_]

People who don't want to pay taxes should have the option to opt out of taxes and in exchange, they lose the right to use public roads, bridges, parks, schools, healthcare, law enforcement, fire departments, military protection, protection from discrimination and voting. They should be required to have ID on them so tax paying citizens can choose to refuse service to them. Tax paying citizens would also be allowed to steal, harm or kill them without fear of the law.

[Scootmars]

This is such a great series, I'm hoping you make an episode about the "Primaries" process and Superdeligates.

[TheEnergeticPanda]

Its obvious that a lot of what the government regulates is good and worthwhile AND that too much is a bad thing - leading to collapse.

The debate is over which specific bits are bad for the country and what is good. As with all things generalising and looking at it collectively rather than individually only leads to a failure of government

[thefaz]

I'm so glad we have a coercive monopoly around to protect us from economic monopolies. Someone might try to make us buy stuff!

[derekseube]

Would you say career politicians who have been there decades have served their constituents more or have been more self serving. In other words: do you feel they work for you or you are subservient to them? Given all the perks and ability to vote they own raises. Don't think they ever deduct their pay if economy goes south or district they represent goes far into debt due to their spending. Funny how most politicians are more well of than those they represent. You'd think they'd want to give back more than they take in. If truly serving the people rather then be served by the people. Proof that power corrupts and absolute power corrupts absolutely.

[levihowell]

It seems like we keep on a pattern of deregulation then depression, regulation and growth, then more deregulation and depression