Posts Tagged ‘Unemployment’

Free market economy?

Discussing the economy, the President said the private sector is “still nervous about whether they want to go ahead and take the risks that are inherent in a free market system.”  But, the private sector is not afraid of free markets, it is afraid of continued government interference and fears how much more it will interfere.  The government’s job is to regulate the “playing field” of the markets, not to control and manipulate them.

Roosevelt or Reagan?

Our country’s leaders believe President Franklin Roosevelt’s New Deal ended the Great Depression and saved the economy.  Are they right?  Did his New Deal end the depression or even shorten it?  Take a moment and consider the Roosevelt logic Congress is using with our current situation.  They believe they can fix the economy if they interfere with market forces and spend unprecedented sums of money.  But, if all that is needed to end a recession is government meddling and spending, how could we ever get into a recession in the first place? 

How do we fix the economy?  Two former Presidents.  Two choices.