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Saturday, September 06, 2008

The Economy

What the government is doiing now to restart the economy will likely have very little effect on getting things going again. The loss of our manufactuting jobs and heavy industry just cant be overcome by increasing the money supply and taking over Freddie and Fanny Mac. A wage earner making $10 or $12 an hour cant afford a million dollar house. The math just isnt there. And yet the government really isnt addressing that problem. Obama Bin Laden's economic plan just susbisdizes busnineses like General Motors who are poorly managed. What this country needs now is a bold leader like John MaCain who will look for new and innovative solutions to building the foundation for a strong economy. The blogg about an industrial policy goes into greater detail.