Thursday, December 6, 2012

The First Principle in Dealing With Our Government's Economy

Perhaps there are simple principles to follow in getting this nation out of its fiscal crisis. If so, pay heed and follow them. I am and am going to post just the first one tonight.

Principle 1. If the economy teeters, that is not the time to be pulling money out of it. The principle of injecting money into a faltering economy is so accepted that seldom a crisis arises without stimulus money being infused into the economy. We must not be blind, then, to the danger of yanking money being spent out of the economy. I speak of government welfare and entitlements. I speak of military funding. I speak of every form of government spending, every expenditure that circulates money here in America. In other words, every dollar that isn't going overseas or to some corner domestically where its circulation stops and it is horded instead of being spent.

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