Tuesday, February 10, 2009

Only article I've come across that proposes we do nothing to "Fix" the economy

Well, at least I found one person out there who agrees that the economy, if left alone, will fix itself.....John Tamny.....

"So President Obama says we face catastrophe absent help from Washington? Far from it. Economies once again never fall into recession; instead they are pushed into slowdowns by governments that create wedges between work and reward. In short, the single best tonic for our economy is not tax cuts or tax increases, not housing or unemployment subsidies, not heavy spending or China jawboning, but a far humbler Washington that simply does nothing. Left alone, there’s nothing individuals working free of government oversight can’t achieve. The answer to our economic ills is for Washington to simply leave us alone."

No comments: