Jan 23, 2011
Damn the Deficit! Full Speed Ahead!
Outstanding …”Mr. Obama will argue that the U.S., even while trying to reduce its budget deficit, must make targeted investments to foster job growth and boost U.S. competitiveness in the world economy.”
If we are to get out of this depression, Americans need to stop looking at the Federal government as if it were Microsoft and its political grandees all Bill Gates in their own right. America's Executive and Legislative branches today reminds me of what Andrew Dickson White once said about the French legislators – “men who had never shown any ability to make or increase fortunes for themselves (yet) abounded in brilliant plans for creating and increasing wealth for the country at large".
The politicians need to stick with what they know best, and running a business and investing wisely do not fall into that category. They need to stick to their knitting, as the saying goes.
If we are to get out of this depression, Americans need to stop looking at the Federal government as if it were Microsoft and its political grandees all Bill Gates in their own right. America's Executive and Legislative branches today reminds me of what Andrew Dickson White once said about the French legislators – “men who had never shown any ability to make or increase fortunes for themselves (yet) abounded in brilliant plans for creating and increasing wealth for the country at large".
The politicians need to stick with what they know best, and running a business and investing wisely do not fall into that category. They need to stick to their knitting, as the saying goes.