The dominant economic paradigm in American thought has always placed a strong emphasis on efficiency, and concomitant concepts such as individualism and autonomy. A corollary to this thinking is that the individual is dynamic and efficient whereas the government is an ossifying bureaucracy, resistant to change and anathema to efficiency. The individual is the creator of wealth; the government is the parasitic redistributionary usurper that feeds upon this wealth. This aversion to government assistance and oversight of the economy has had dramatic and substantive effects on our nation's social structure and welfare system. By maintaining a "laissez-faire" approach to the market, workers have been subject to the many vagaries an unregulated market unleashes; such as unemployment and slow wage growth. Inflation, slower wage growth, and deregulation have led to economic chasms separating the richest from the poorest, but instead of the federal government trying to vigorously assist......

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Title: Laksjgd
Approximate Word Count: 1251
Approximate Pages: 6 (250 words per double-spaced page)

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