Economic Recovery

What I am hearing and reading about proposals to save us from our current economic meltdown sounds to me like revived enthusiasm for MORE GOVERNMENT. Apparently no one stand on their own anymore. We have, as a whole, thrown up our hands and look only to government as savior.

The growth model economy has to have down times. There are no up-forever economies. Recessions are as much a part of economic history as losing big games is a part of the Cowboy's recent franchise history. This time, we are told, is different. We can't just ride out this recession and let things take there natural course. It is different because previous government meddling has created a bigger disaster. Loose monetary policy, artificially low interest rates, etc., created a monster in the credit markets. Too Big To Fail Enterprises have to be bailed out or we will all lose.

The Obama Administration is proposing stimulus packages that could total over one trillion dollars, and is talking of running deficits of over one trillion dollars out as far as the eye can see. Stimulus including tax breaks, jobs programs and spending on medical technology upgrades and more. Many experts aren't buying that this will lead to an economic recovery anytime soon.

Government failure only leads to more and bigger government. I say, get used to more government, because they are destined to fail again. We are in this recession not until Too Big To Fail makes profits again, but until the private citizens balance sheet is placed into order again, and when we start feeling like spending.