Fri 20 Mar 2009
Fixing the Economy
Posted by Charles Clarkson under Economics, Government, Politics, The Good Fight
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Sheldon Richman worte the following in Obama’s Uninformed Optimism on the Future of Freedom Foundation web site.
There is more to fear than fear itself. There’s government and its dim-witted attempts to fix the economy.The article articulates a pet peeve of mine. Lawyers, like President Obama, do not have the training needed to make economic decisions about a whole country. Heck, economists do not have the training to make economics decisions for a whole nation. IMO, we need a system of government which strips government of the power to affect the economy. Swearing a person into office does not magically imbue that person with a means to predict the future or to understand an economy. Relying on any government official to “fix” the economy reveals at least one major flaw in our system of governance. As long as we rely on a flawed system of government we do ourselves and our descendants a huge disservice.
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