Sunday, January 18, 2009

What If They're Wrong?

Big surprise here.

The economy would recover whether the government implemented massive spending or not. I agree with the article that all this does is increase the size and power of the Federal (and maybe even the State) bureaucracy.

The world economy is driven by (mostly U.S.) consumption. Putting money back in the pockets of consumers is the best way to right the ship. Kennedy, Reagan and G.W. Bush proved it works.

Is it possible that there is something more sinister going on here? It's no secret that Democrats "hate" corporations and rampant consumerism. They love government programs and spending - it expands their power base (it can be argued all politicians do). Is it possible that the Democrats want to change the economy to some post-consumer-driven, federal-spending-based socialist-type economy?

Maybe they aren't wrong. Maybe they don't want to.

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