Well, Chicken Little, you did it! You managed to scare the bejeebers out of everyone and get the largest socialist legislation package since the New Deal passed through our new Chicken Little controlled Congress.
I've heard all the arguments; "We're in crisis! We've GOT to do something!" "Only the government can get us out of this!" and "Our problems have gone beyond the ability of 'normal' mechanisms to cope!"
That's a bunch of garbage!
First, our problems could and should be fixed by realizing that the market forces that got us into this situation can be used to get us out of them. American labor costs have priced our goods and services out of the world market. We've got to realize this fact and adjust those costs to reflect what the market will bear. A tough thing to do, no doubt, but absolutely necessary.
Second, the government cannot and should not "get us out of this." The government has a strictly stated constitutional place in all of this, i.e., "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes (Section 8)." In case English is a second language to some who read here, "regulate" means "oversee and facilitate", it does NOT mean "control and dictate," which is how it is being practiced in this most recent legislation.
Finally, "normal" mechanisms, i.e., the law of supply and demand, will, despite attempts to the contrary, "get us out of this" just as it always has done in the past.
Unless Chicken Little manages to convert our economy into a pure socialist monstrosity, that is!
You know, there's a reason for declining turntable sales, just as there's a reason that covered wagons have gone away and 8-track tape players can only be found in antique stores these days. The market dictated their demise and the companies that produced those goods either changed to produce what the market demanded or they went bankrupt.
Where was their bailout?
If IBM was still just a typewriter company, do you think they'd still be around?
Here's the deal, Chicken Little; get out of the way and let the miraculous mechanism that is free enterprise take over! Will some suffer? I'm sure! But hasn't there always been suffering as change occurs? Adjust or perish, that's how things work!
Sadly, we're now in the "everyone gets a trophy" days, where there ARE no losers. Hate to pass this tid-bit along there, Chicken Little, but everytime someone wins, there's a loser in the other locker room! The losers either fix what cost them the game or they continue to lose! What happened to the Washington Senators? Anyone remember the St. Louis Browns? Teams that did not do what it took to adjust and become winners disappeared just as companies that do not do what's necessary to become profitable disappear.
It's called "Capitalism," Chicken Little. It's the economic system that has brought this country the wealth and prosperity that we all enjoy today and would continue to do so if you'd leave it alone and stop trying to kill it every chance you get!
The sky is NOT falling, Chicken Little, but if you don't stop pulling on it, it may very well if you absolutely demand it!
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