Is it the government's job to fix the economy?
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|Mon, 09-12-2011 - 9:21am|
Do you think this controversy will play a role in the upcoming election?
WASHINGTON (AP) — The economy needs to be fixed. On this, Democrats and Republicans agree. They part ways over how to do it and, specifically, what role the federal government should play.
"Ultimately," President Barack Obama tells Congress, "our recovery will be driven not by Washington, but by our businesses and our workers. But we can help." His argument that government has a responsibility to do so probably doesn't sit well with an America that's down on Washington.
Texas Gov. Rick Perry, former Massachusetts Gov. Mitt Romney and other Republicans competing for his job take a different tack as they court a tea party-infused GOP electorate: The economy will thrive, they say, if Washington simply gets out of the way. As Perry puts it: "Smaller government, less spending, fewer regulations.At the heart of the 2012 presidential race is an issue as old as the country itself."
Is it the federal government's responsibility to address what ails the nation, in this case the economy? And if so, to what degree? What is the right balance?