Monday, May 3, 2010

We know prosperity

I read somewhere that high unemployment is here to stay and I couldn't help but think just how startling and scary that is. I was born in 1977 and throughout my short life I haven't really seen an economic climate as bad as this one. I know there have been worse, the Great Depression, Stagflation of the 1970's, and I am sure others, but to experience this is surreal. I am lucky that I have a job and I don't do well, but I get by. However, 9.7% unemployment is substantial and all I hear is pessimism coming from all sides. It doesn't have to be that way and I think a moment of optimism is in order.

First, to borrow from Rahm Emanuel, let's not let a crisis go to waste. The simple reality is that limited government conservatives and libertarians know the path to prosperity and it's not difficult. Reduce government spending, simplify and reduce the tax code, and stop f*cking with monetary policy and all will be well. Not only will we be well, we will be even richer than we are today and we will unleash a firestorm of future prosperity. It's that simple, the dynamism of the private sector can overcome anything as long as it is allowed to. Conservatives should not sit idly by and allow liberals to escape their fiscal incompetence. They don't know how to create prosperity, they know how to squander it. We know prosperity and let it be our rallying cry this November.


Daniel said...

I think you are right when you say no political opponent should let a crisis go to waste. This whole oil crisis in the gulf is going to have a huge implications on many political administrations. Just look at what all could have been avoided if someone had done their homework.

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