Friday Blog – US Economic Policy

Friday Blog – US Economic Policy

A few months back I stood at the edge of Hoover Dam in the Black Canyon of the Colorado River.  At over seven hundred feet tall, and well over a thousand feet wide, it’s an overpowering testimonial to the way Americans respond in tough times.  When men and women face the challenge of feeding their own family, those circumstances often bring amazing, innovative results.  That’s the strength of this country!

In the last century we fought economic uncertainty and the threats to our entire way of life with courage and tenacity. While government played its part, it was the strength of Main Street that kept our story alive.

That’s not Washington’s approach to hardship in 2011, and it hasn’t been for some time now. Instead of turning toward Americans to build and invent, they’re plunging still deeper into wallets and bank accounts.  Much like the first stimulus package, which pumped some $800 Billion into certain sectors of the economy, the approach President Obama pitched this week will have a largely negative impact on our already challenging situation.

In the wake of the Great Depression, federal investment gave people the opportunity to provide for their families through work projects.  These programs gave us national infrastructure like the Hoover Dam.  In 2009 we spent an unprecedented amount of money on normal road resurfacing projects and 99 weeks of unemployment compensation.  In short, we spent nearly $1 trillion with nothing significant to show for those spent tax dollars.

It is time for Washington to wake up and take the restraints (burdensome regulations) off of Main Street.  Federal regulations are killing recovery in nearly every business sector, and definitely in banking.   It’s time for President Obama and his fellow leaders in Washington to stop investing in unemployment and instead refocus on revitalizing neighborhoods and communities.  Reviving the US economy begins with President Kennedy’s challenge a generation ago to, “Ask not what your country can do for you.  Ask what you can do for your country.”

Our country is changing.  We’ve seemingly lost our foundation, and some leaders seek to change the very fiber of our nation.  Individual liberty is being consumed by federal control, and it is time for Main Street to say enough.

As we move into the 2012 Presidential Election Cycle, I urge you to take time and pay attention to the policies being debated.  Come November 6, 2012, someone will be standing at the microphone talking about the mandate just given to them by the American people.  I hope you share my concern that the mandate be one of Main Street common sense, which preserves individual opportunity and liberty.

“The Constitution only guarantees the American people the right to pursue happiness. You have to catch it yourself.”
Benjamin Franklin