My position is that there is no free lunch. Borrowing to 'stimulate' the economy is counterproductive.
Allocation of limited resources by central planning is automatically a disaster, no matter how 'smart' the central planners are.
I don't doubt Obama's a smart guy, but no one person or group of people is equipped to command an economy the way progressives think possible. Even if its in the name of fairness.
The most dangerous leaders are the ones who think they're smart enough to run an economy. The best leaders are the ones who realize that their own knowledge is insignificant in comparison to the sum of the knowledge of all free individuals. They know their job is to help take care of the playing field, but to otherwise leave the game up to us.
You'll keep hearing talk about rolling financial regs back to the 1990's. I say if we can do that, why can't we roll EPA regs back too? If the 1990's were so great, why not roll the budget back to what it was back then... Heck even adjust for population growth and inflation. The budget would still be in fine shape if only we'd kept spending in check.
De-federalize most of the issues we fight about. They weren't meant to be federal issues in the first place. Bridgier would have no reason to fight with me. He can fight the progressive fight in Idaho (haha
) while those of us who live here can worry about Montana.
Then states could learn from each other and make each other better. Instead we try to force everyone to be the same because it's easier to fight once than 50 times.
There's a million ways to say it. But we put far to much credit and faith in the federal government and its leaders. The best government is local. Unfortunately that isn't always the easy solution. But you can only take shortcuts for so long.