If there was no federal government, would our currency have any worth? Would it differ from state to state? The Treasury Department and any federal regulation on banks would cease to exist. …show more content…
There would be no federal taxes, no regulations on trade – at the interstate and international levels. Who would step in to help resolve legal matters that involve a transfer across state or country borders? The Food and Drug Administration would also no longer exist, and there would no federal inspection process or accountability system. Also, federal income tax would no longer be deducted from our paychecks. While this at least seems beneficial, consider this against the termination of Social Security and Medicare. Closing these programs would not only immediately throw thousands of Americans in dire straits, it would also overburden an already bogged down health care system. The lower class would grow