April 14, 2009

It Will Be Difficult to Rebuild a Viable Economy

We've spent a long time squandering wealth in this country. We've borrowed a lot of money and foolishly used it to consume.

We've allowed our industrial base to disintegrate, and it's going to be difficult to rebuild a viable economy.

But we're never going to rebuild one if the government stands in the way. What the government is doing now with their polices is trying to reflate the bubble; they're trying to get Americans to borrow and spend even more money when we're broke from the money that we shouldn't have borrowed and spent in the first place. And the government is trying to get itself bigger.

The government is trying to grow its size at a time when it needs to contract because we're really too broke to afford a bloated government.

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