Yesterday we were talking about things that could cure our economy and put the unemployed back to work. One thing we discussed was a big national program that would solve some big national problem in the process. It would have to be a huge undertaking to put all of those unemployed Americans back to work.
It will be up to congress and the president to accomplish this goal. We can not do anything as individual citizens except to keep replacing those members of congress who have an agenda that doesn’t put the needs of our country first.
Congress is struggling to get back into their usual mode of political pandering and spending our money. We have to watch what they do, and the fellows who aren’t working to promote the best interests of our country need to be weeded out in the 2012 elections.
The number one priority is to get our economy revived. When someone tells me we need to get used to high unemployment I find that totally unacceptable.
We can promote economic growth. China has done that. They have made some mistakes and are battling inflation, but they have demonstrated that they know how to generate economic growth.
The Chinese don’t know something we don’t know. They have copied us, and the Germans, and the other countries with strong economies. The problem with their economy is that it is managed by the government. Although it now has some capitalist features, China is still a comunist country. A handfull of men can make mistakes. Our economy is guided by the invisable hand of millions of people.
I remember back in the seventies all of the economic folks were talking about the Japanese. They were magicians, economic miracle workers, and a country to be admired and copied.
Our country was racked by inflation and growing unemployment. Our government had messed up the economy. There was gloom and doom everywhere. The democrats were telling us all that we should get used to reduced expectations.
Then Ronald Reagan was elected and we were not only saved from that fate, but we enjoyed the longest period of economic expansion in our history.
Since then both parties have managed to put us into an even worse situation. Together they have squandered our wealth and our grand children’s future in senseless spending. Is it all over for us? Are we finally done for? Of course not; all of the things that have made us great are still in place. All that is required is some fresh thinking.