Good afternoon, Netizens…
The quote of the day perhaps has even greater meaning than perhaps its author might have foreseen.
Quote of the Day April 23, 2009
The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
Ronald Reagan (1911 – 2004)
With no offense intended to the author of Reaganomics, we have seen a few horrible changes to our national economy which mandates we add a few additions to how government views our national economy.
One: If you cannot solve the problem, by all means throw money at it. Money cures everything, right?
Two: If you are going to subsidize the United Auto Workers by financially underwriting GM, Chrysler and Ford, ignore how well their respective automobiles are selling. Obviously once things improve, Americans will begin buying new cars. Well, maybe.
Three: (Brightening) Look at the medical sector of the American economy. It continues unabated to grow each year. Ignore those comments that suggest the average American can no longer afford medical care nor insurance. Once things improve, Americans will begin buying insurance and everything will be good once more.
Four: Our nation’s economy will get better. (The choir chimes in with a heart-felt “Yeah, sure!” as the descent into an unknown future continues.
I wonder what Ronald Reagan would do if faced with similar circumstances? Anyone have any ideas?