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Greg Brannon on Welfare & Poverty

 

 


Government regulations & incentives ultimately hurt the poor

Free markets allow businesses small and large to grow and flourish in an open economy. Central planning and regulation (whether through Federal Reserve policies or economic incentives) destroy the value of our dollar, cause prices to skyrocket, and result in lower wages and higher unemployment.

Government regulations ultimately hurt the poor while benefitting special interest groups that can afford to lobby Congress, promoting big business/big government cronyism while small businesses struggle to comply. With competition restrained, consumers can expect fewer choices, higher prices, and lower-quality services. Government can best "help" the economy by stepping aside and unleashing the free market to let businesses stand or fail on their own merit.

As your Senator, I'll fight the forces of big government that seek to strangle our economy with regulation and red tape. I'll stand up for folks in North Carolina who are simply seeking the freedom to thrive and pursue their own happiness.

Source: 2016 Senate campaign website GregBrannon.NationBuilder.com , Feb 3, 2016

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Page last updated: Apr 23, 2016