"Government has to get out of the game. It has to stop bailing out, taking over, regulating and taxing the economy to death. Real assets have to be allowed to fall to their true economic value to induce investors to step in, which will start the recovery. Government must stop putting roadblocks in the way of wealth creation and potentially profitable private interactions. Then after the intrepid have cleared those barriers, the government has to stop punishing success with envy laced rhetoric, higher tax burdens and justifications for immoral redistribution schemes. The government is crowding out sustainable private activity and has created what some call regime uncertainty. Well, the uncertainty doesn't apply because the capital is certain it doesn't want to participate under these conditions. The spending must stop, including for sacred cow entitlements lest we take the whole ship down. Market forces must be reintroduced into health care and the social security Ponzi scheme must end. The opportunity society that drew people from around the world, often times at the risk of life and limb, legally or otherwise, must be restored to produce the conditions that will return people to work and prosperity based on their contribution. The leftist demonstration project not only failed but scared people back to an American sensibility. The question remains however, will we have the courage to not only stop but reverse course enough to restore what we all sense losing." — Craig Bardo, conservative Republican blogger in Tennessee, on Big Government and the U.S. economy
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9/7 Quote Of The Day
Posted by
Shay Riley
at
9/07/2010
Labels: Big Government, Economy