Show What What Is The Answer I I II IA I A few reasons why government should k keep p out of business 1 1 Because government in busi busi- business busi- busi business business ness opens the flood gates ates of pub pUb- public lic lie lic expenditures at the taxpayers many of the expenditures being for sp special ial services to a limited number of persons from which services the veneral taxpayer er who must pay for them can derive no benefit I 2 It creates new classes of poli political political agencies and gives them un- un uni Unlimited un unlimited i limited power to incur debts levy taxes and spend public money 3 It discourages es industry and prevents the investment of ot private capital in new enterprises because citizen cannot compete with fix fix- tax free free owned government projects 4 It invites the worst kind of political for pro pro- promotional promotional pro promotional motional schemes at public expense 5 Each time the government goes oes into business it removes tax tax- tax taxable la able le property from the tax rolls and loads the taxes thus lost onto remaining taxable property plus I additional t taxes for nex govern govern- governmental governmental governmental mental ventures into the field of industry I IThe The question of the government in business in om competition petition with its it I private citizens should be con con- considered considered considered from th the standpoint of the principle pIe involved d rather than from the interest of any particular line of bu business iness The business it- it itself itself it itself self is incidental to the principle if we subscribe to the theory that public ownership is good for any business even in a small degree we should be honest enough to go all the way and sanction complete public ownership and control of the means of production and distribution distribution distribution tion We should not single out one line of business to stand the brunt of such unfair and killing compe compe- competition competition I Government competition might better apply to the local meat mar mar- market market market ket store or clothing store than to ocean shipping in- in insurance insurance in insurance public utilities railroads and banking for it is much more important that the average family I get the first three items at cost than it is that they get et the latter latterI I items at cost han ban it that they get et etI the latter items at cost I |