Archive for August 13, 2012
I’m feeling an increasing frustration with the inability of policymakers — and the voters who act as their enablers — to put forward a reasonable and fiscally responsible plan for digging this country out of the ditch we’re in.
The problem is pretty easy to grasp, even if the solutions escape us. As we’ve discussed elsewhere, the data are clear and unequivocal. The world economy is headed for the crapper.
There’s some good news to be had. It’s not too late for this nation to reverse its fiscal course and set the Ship of State on the right economic course. In my opinion — an opinion our readers are welcome to challenge in the comments section below — there will likely be a flight of capital from Europe to the United States as the Euro Zone slides deeper into the Slough of Despond. That potential for investment in our economy only exists if we seize the moment and develop the political will to act. So far in the current financial crisis, investors have indicated that they have more faith in the United States than in any other country to do the right thing. As a patriot, so do I.
Fiscal reform could be a major factor in filling the hole we’ve dug. We. Both political parties. Me and you. All Americans.