The President and the Congress are hell-bent for another government give-away, called “stimulating the economy.” They propose to borrow more money from Arab oil tyrants and the Communist Chinese so that they can give more money away to taxpayers and non-taxpayers hoping that they will consume more. It’s an antidote that made the economy sick in the first place, government spending without taxation.
A thriving economy to these politicians is people spending lots of money, not one in which people are producing lots of products. The Congress and the President have let our manufacturing capacity languish, thereby reducing the number of well-paid workers, while they have opened our borders to cheap labor, thereby reducing the wages of the remaining workers. While doing this, they have spent the nation into debt, engaging in a war whose victory, if there is a victory, will be pyrrhic.
The current gang of candidates, both Republican and Democrat, offer the same nostrum, borrow to spend as though the nation were a casino and they were gambling addicts. So far, the only candidate who’s made economic sense is Mike Huckabee who’s proposed developing our manufacturing capacity so that we can make the things we buy. Sadly, he wants to turn the nation into a Fundamentalist theocracy, thereby eliminating the majority of the population from the benefits of citizenship.
Adlai Stevenson said it best: “Any political campaign is how to win without proving you are unworthy of winning.” So far, they’ve all fallen short.