The US remains the beacon. It comes down to this - we have to set the example.
That must come from Washington. Obama inherited a bad situation and made it much worse. He doesn’t have the sense to lead needed economic change; but he might be pulled along. If not, we’ll have to wait.
The Heritage Foundation figures, "The federal government today is claiming roughly one-fourth of total economic output -- about 25 percent of gross domestic product."
And the masses, before bored to death by things economic, have become listeners. This is our Renaissance; more, our salvation. They finally understand that this 25% is a drag because its paid for by either 1) taxes or 2) borrowing or 3) an inflationary Fed. That is, robbed of free enterprise.
Add to that the left’s fetish for regulation and intervention (being strangers to Hayek and Friedman) and we know why employers don’t employ. That was the first stage (Obamacare). Now it is reinforced as demand itself is reduced, giving further reason not to hire.
No one any longer believes that answers to our problem are just so, so complex that only the anointed can deliver us. Most of the unwashed now understand the answers are simple, clear, obtainable.
At worst, we wait for Nov/2012.
Robert Craven
That must come from Washington. Obama inherited a bad situation and made it much worse. He doesn’t have the sense to lead needed economic change; but he might be pulled along. If not, we’ll have to wait.
The Heritage Foundation figures, "The federal government today is claiming roughly one-fourth of total economic output -- about 25 percent of gross domestic product."
And the masses, before bored to death by things economic, have become listeners. This is our Renaissance; more, our salvation. They finally understand that this 25% is a drag because its paid for by either 1) taxes or 2) borrowing or 3) an inflationary Fed. That is, robbed of free enterprise.
Add to that the left’s fetish for regulation and intervention (being strangers to Hayek and Friedman) and we know why employers don’t employ. That was the first stage (Obamacare). Now it is reinforced as demand itself is reduced, giving further reason not to hire.
No one any longer believes that answers to our problem are just so, so complex that only the anointed can deliver us. Most of the unwashed now understand the answers are simple, clear, obtainable.
At worst, we wait for Nov/2012.
Robert Craven
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