Keep the Government out of the Economy
My last post chided US Senators for worrying themselves about FaceBook privacy when there were so many other problems facing the nation, I specifically mentioned the economy. Let me be clear on one thing though, what I mean about them concentrating on the economy is that they should be stopping any new bills from either side which hurt the economy by adding unnecessary red tape or harmful costs where none are warranted. The best policy for the congress to follow is non-intervention.
The only thing that the government needs to do is to ensure that there is a level playing field for private economic players with as few potholes as possible slowing things down. Most government types try to add too much intervention and control when all they need to do is stand back and let the people go about their business and pay their taxes.
The US congress needs to kill cap and trade, card check and the so-called banking reform bills as none of them will achieve what they set out to do and all will hurt business. With these major economic policy decisions still up in the air there is still too much uncertainty for businesses to start employing again.
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