Filed under: Capitalism, Economy, Election 2012, Freedom | Tags: Attending to the Evidence, Too Little Thinking, Too Much Spending
The Obama administration has been convinced that spending “government money” is the answer to our economic problems. Their economists were sure that injecting large sums of money into the economy were just what was needed to cure “the worst economy since the Great Depression.” But the “worst economy” was created by government. And some even have the nerve to suggest that the problem was that the stimulus wasn’t big enough.
Perhaps if the bad economy was created by too much government — misguided thinking, bad ideas, excessive regulation, too many “experts,”perhaps the solution is to be found in clear thinking, paying attention to the history of what works, good ideas, repealing regulation, getting rid of experts and reducing the size of government. Couldn’t hurt. What we’re doing sure isn’t working.
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