ItAEs not right to
govern by ideology
History is repeating itself. The previous administration chose to ignore the facts and put ideology ahead of reality in its economic policy. Because of that, the Bush administration left us with the mess we have today. It was more important that the former administration be "true to your base" than it was to govern properly.
Now that the Democrats are in power the same thing is going on from the other side of the aisle. There is a lot in the "stimulus" package that supports ideology but little that will provide meaningful stimulation to the economy. The poorly administered bailouts, earmarks and cash lavished on the DemocratsAE base is a shameful betrayal of the trust bestowed on our elected officials.
On Jan. 21, President ObamaAEs inauguration day, the Dow Jones industrial average closed at 8,228.10. On March 5, about six weeks later, the Dow closed at 6,594.44. Unemployment rises as fast as the Dow falls. Meanwhile, Obama insists that his unprecedented government spending will heal the economy.
Intuitively, it doesnAEt make sense that massive government debt will heal a financial crisis brought on by massive private debt. Nor does it add up that our sickly economy can carry the additional burden of higher taxes to fund government spending. ObamaAEs plan sounds like economic bloodletting.
Medieval physicians, medical experts in their day, routinely drained blood from their patients thinking that the source of illness was bad humors. On the contrary, we now know that blood carries disease fighting blood cells and that draining the body of blood only weakens its healing mechanisms.
Americans nervously watch the bloodletting of our economy and wonder how long their jobs, savings, retirement or college funds will last. Even worse, the most vulnerable among us will be thoroughly devastated by a failing economy. Obama wants to redistribute wealth, I understand, but if our diseased economy dies there will be no wealth to distribute.
I know the economy was sick before Dr. Obama took over its treatment. The Bush administration and every member of Congress, Democrat and Republican, who indulged in wasteful spending and who ignored the incubating economic illness are all complicit. Regardless of how this mess got started, the Democrats are now in control and they need to understand that voters will hold them accountable for economic malpractice if the patient dies under their care.
Sometimes our common sense instincts are right, and the experts are wrong. I think itAEs time we contact our representatives and respectfully request a second opinion.
GOP is in a state
IAEm amused at the state of the Republican party, and it really helps in these tough times to have something to distract your attention so life isnAEt so depressing as the news media make it. You know the party I mean, the ones who under Bush never rejected a spending bill, didnAEt believe in oversight of banking or having regulations to follow and on and on. We all know the stories. Well now they have a party that bows to the Wizard of Oz. First you have Louisiana Gov. Jindal talking to Americans like weAEre fifth-graders, and now you have the RNC chairman apologizing to a radio host u a host who didnAEt serve his country and has been a fear-mongering spokesmen for the Republican party for years. LetAEs not forget, this party would rather sit on their hands and do nothing but say no, instead of resolving AmericaAEs problems, and they offer no solutions of their own. …