Arguing against government intervention in an economic crisis

[JasonM]

So, how does one combat the emotional argument that the government has to "come to the peoples' rescue" whenever hard times or a crisis screws over a lot of people at once?

As much as I want to say that charitable organizations would fill this void, the reality is that even now churches and charitable organizations are falling down on the job when it comes to 100% coverage. If people thought they could reliably go to these places for help for things like disability or unemployment contingencies, they wouldn't be arguing for government assistance.

So how does one argue against these things without looking like you don't care? How do you get people to accept a free market when the free market screws them over every once in a while?

Again, I'm not just looking for a logical argument here. I'm looking for an effective argument that appeals to the heart as well.

[eleganz]

Ask them if they're ok with forcing the children and future generations to pay for our mistakes, mistakes that could've been avoided a long time ago if we weren't so stubborn and ignorant.

[sailingaway]

Ask them why there are signs in Yosemite asking you not to feed the deer.

[Ender]

First of all, it is government intervention that causes a market crisis in the first place.

People need to understand that the dollar is worthless and has no backing. It is keystrokes on a computer.

The next thing to understand is that fractional banking, which is what the FED is based on, devalues everything. If the FED gives a bank $100,000, they can now loan 10X the amount- which doesn't exist. This makes the "money" worth even less than nothing and prices seem to rise to cover the printing of worthless paper. This is why gold backing is so important.

Still- even if a community did not have gold backing but all agree that a dollar was worth a dollar and was not fractionalized, that community can still thrive.

The Colonies were very successful in business and everyone was wealthy, because they had 100% banking- nothing was fractionalized and they used their own notes. England did not like this and took their right to print their own notes away from them.

The best thing that can happen for a strong economy is that the FED takes a hike and fractional banking is stopped and gold is allowed to become a standard again.Then prices drop and become stable allowing everyone to gain. This also allows charitable orgs to operate efficiently and do what they do best- charity.

[nano1895]

Sure it's fine if you want government to "come to the rescue," as long as you are willing to foot the bill, which is say, for the past couple of stimulus bills that were passed (~800 billion), that divided against the ~160 million working Americans that is around a $5000 check each working American would have to send to the government to "save the economy".

The only way the government can get away with spending like this is through deficit spending, which is basically just pinning the problems on the next generation, and I don't see how anyone can, emotionally/logically whatever, can argue for that.