Final answer:
The student's question about George's thoughts on the handicapping system cannot be directly answered without more context, as it is not addressed in the provided references. However, these references discuss the role of government in stabilizing the economy, market intervention, and social programs, highlighting necessary intervention balanced with careful consideration of tradeoffs.
Step-by-step explanation:
The handicapping system established by the government in the narrative is not directly commented upon by George. However, when discussing government involvement in various affairs, such as the economy, market forces, and social programs like the G.I. Bill, it's evident that government intervention is necessary to some extent to create equity, ensure stability, and provide security. However, this also comes with tradeoffs, such as potential overreach or decreased responsiveness to elected leaders, as pointed out in the merit system's impact on bureaucracy. It's a delicate balance between intervention to aid those in need and allow opportunities for improvement while considering the limitations of government policy and its long-term effects.