Saturday, August 4, 2012

Whatever it is, it ain't working

Nor are millions of people who are looking for jobs.  Unemployment (officially) has exceeded eight per cent for 41 months.  If Obama and his advisers have a plan to get the economy moving, that plan has failed and failed again.

Obama seems to have a philosophy of  government control of every facet of our lives.  He doesn't understand that government does not create wealth; it can only take from the producer and re-distribute. If we are going to get the economy going, the private sector will have to do it.

Whether it is a nation, a corporation or an individual, some good must be produced and marketed.  The base for our wealth is composed of agriculture, mining and manufacturing.  That last one -- manufacturing -- has been declining for years, especially recently.  This country must learn how to manufacture competitively again. Mining can make a greater contribution to the economy if the government will allow it; we can and should develop our vast fossil fuel resources to the point that we are energy  self-sufficient.

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