Friday, April 29, 2011

"Laissez Faire" THE ANSWER!!

I can't tell you how many times, while listening to interviews with today's politicians and business leaders, and news conferences like Wednesday's with B. Bernanke, I've thought "my God, these people truly believe that government is THE ANSWER to the world's economic woes..." They believe that initiatives, regulations, incentives (adding a few pages to the 55,000 page tax code), disincentives (adding a few pages to the 55,000 page tax code), money-printing and bond-buying, more spending, etc., - i.e., the very elements that led to our current predicament - are the solutions to our current predicament...

Whether you consider yourself conservative, liberal, or libertarian, unless of course you are totally dependent on government aid, I can't help but believe that you see the undeniable correlation between the challenges of the day and our ever-growing government... Take healthcare for example; there's an unmistakable relationship between growth in government involvement in (and spending on) healthcare and the growing problems existing in the system... The question is, is this simply a matter of coincidence or does it reflect causality? Are today's problems in fact the direct result of ever-growing government intervention?

320 years ago France's finance minister Jean-Batiste Colbert asked business leader M. Legendre what the government could do to help industry. Legendre replied "Laissez Faire" - (Let us do)... That, plain and simply my friends, is THE ANSWER!!

2 comments:

  1. How about sending these comments to all the liberal TV channels and to the conservative too - the latter might use it in their news or talk shows, the former will probably not like it, but they need to hear it anyway coming from all over the place....(just a thought)

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  2. We'll see what we can do Vicki... In the meantime, please feel free to forward these on to anyone you like...

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