In what can only be called a continuation of Bush policy, sprinkled of course with a little hope and much naivete (sorry, Bush, you cannot use this as an excuse), President Obama contemplates quick passage of an economic stimulus package. While the details between the two administrations’ packages differ, a decidedly un-conservative, arrogant message remains:
Left alone, the free market economy would succumb to the powers of entropy and crumble upon itself. Only through government intervention, manipulation and overextention of constitutional power and pumping in of yet-to-be-printed money can the ecconoly live on.
Further, the much overused phrase, “too big to fail,” and the policy (or policies) that government claims that the phrase justifies encourages the following:
- Risky business endeavors (and lack of smart ones) proliferate wtih abandon, because the government has demonstrated that it will save them from failure.
- True growers of the economy, those companies and entrepreneurs with business acumen and propensity for success, hold back from re-investing for fear that resultant successes will cause them to be taxed into oblivion.
As far as I’m concerned, we’ve just received another four years of Bush. When can we add another Prescription Medicin or No Teacher’s Union Child Left Behind program? Those in government salivate when there is a downturn int he economy and use it as an opportunity to increase their power in the name of recovery and rebuildin. They reach their tentacles so deep into the economy that it impedes economic growth and then use that as justification to further its reach. This is modern slavery in its truest form.