Recent discussions regarding economic stimuli, and the government’s role in fixing a “broken” economy should lead to important questions regarding the source of real economic change. We find ourselves in a situation where change is necessary. And our government seems convinced that they possess the best tools for “fixing” our economy.
This is not necessarily the case, in fact, it is quite difficult to imagine the government being efficient or effective at all in solving our current crisis. Wealth does not come from government, but from people. This is something Ronald Reagan understood well. Take a minute and watch this video, and note carefully how he responded to the idea of a government “stimulus”.
2 Comments
Ronald Reagan got it. His trust in the capabilities of the American people was inspiring. Obama’s the one with the tired old ideas of the elite not trusting the ignorant masses. Those are ancient ideas of kings, slaves and serfs up to “modern” day communism. Bold new ideas like Ronald Reagan and the USA itself is what we need right now.
Thanks for posting this video.
I was watching an Obama speech tonight on C-Span. He was talking about how the stimulus package would help build schools in Florida and the backwardness of the whole thing hit me. Its really easy for a supporter of the stimulus package to point to all the good things its doing and say “look, these are all great things, who would oppose things like buildings schools?” It can seem so good yet in the end it will probably cost us more schools and jobs when we and our children pay the consequences of decisions like that.
Its very insidious in that way.