Volume 39, Number 12 · June 25, 1992

What the Government Should Do

By Felix G. Rohatyn

The current presidential campaign has so far failed to provide something we badly need: a discussion of what government should and should not do in a modern industrial democracy. The recent events in Los Angeles have shown that government must be much more active in dealing with social problems such as public education and health care, drugs, housing, unemployment, and public safety. Government, in my view, must also be much more involved in stimulating economic growth if the American tax base is to be sufficient to support the social services we need, and if revenues are to grow at a rate that will enable us to reduce the deficit.



Feature, 2970 words

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