There's a hole in my bucket

When you were a kid did your parents ever tell you “If it’s not yours don’t touch it.”?

Well that’s what I’m telling the government to do with our economy. When a child touches something and breaks it they have a tendency to try to fix it, but yet they break it more. Then the parent comes in, takes it away, and repairs it themselves. The 2 trillion dollars (after interest) worth of bailouts the government passed will just prolong the economic situation and destroy the fabric of our country.

Were does 2 trillion dollars come from? Well knowing that no countries truly want to lone the U.S. money anymore, and our government can’t tax 2 trillion dollars from the people, they will just have to print it – which will eventually cause immense inflation.

The reason the government cannot tax 2 trillion dollars from the American people is the revenue from taxes on an annual basis does not cover even 50% of our annual spending. By raising taxes the businesses, upper middle-class and the upper class, will actually reduce the economy further. Over taxing these groups will cause severe financial stress for them and will force many into bankruptcy.

The result of this forced stimulus will cause millions to lose their jobs and additionally makes it very hard to start a new business. The new laws and regulations strangle the American economy, killing America as we know it. It is the small and medium businesses and upper classes that provide and create the jobs for everyone else.

People across the nation voted for hope and change. They want their problems solved, they want someone to take responsibility and even pay for their situations. I agree someone has to take responsibility. However, looking towards the government is wrong. People have to take responsibility for themselves, period.

Looking at the ideas and quotes from our founders we read:

Ben Franklin: “I am for what doing good for the poor, but am at a different opinion of the means. The best thing we can do for the poor is Not make them easy in poverty. But leading or driving them out of it.”

Ben Franklin: “When people find a way to vote themselves money that will herald the end of the republic.”

Thomas Jefferson: “The democracy will cease to exist when you are willing to take away from those who will work and give it to those who will not.”

It is important that we understand those quotes and educate ourselves. This bailout represents a direct contraction to what is good and strong. Creating a social economic destruction, our government leaders know exactly this. We need to remove parties, make tough choices, and lay the responsibility of life back into the hands of people.

Without withdrawing federal funds, we will enter a serious inflation. However, before this inflation we will enter deflation.

Deflation means nobody is spending money. So there are more goods in the market than there is money circulating. The prices drop, making our currency look strong.

When the currency looks strong and our economy looks healthier is when inflation enters.
With the dollar looking stronger people start spending. Where there was a surplus of goods now there is a surplus of money.

Prices must go up to balance the supply and demand. Just to clarify what inflation is… It’s when there is more money than products.

This is bad because if you have a dollar in the bank and prices of products double then your dollar is worth half of its original value. The government is printing so much money that we will enter hyperinflation which will make your dollar in the bank practically worthless; it could easily be that it takes $1000 to equal $100 in today's money.

Unfortunately, the dependency on the government to “fix” our problems has become so great that when hyperinflation hits the people will cry for help, again.

There are only two options at this point. Give up our freedoms that so many before us fought and died for – for the imagined comfort of socialism. Or, the government puts their hands in their pocket and says, America you are great and we believe in you, un-imaginable hard times have struck this country, We will do everything in our power to keep our lands out of enemy hands, and you have to face the day without welfare, without social spending, and you must find a way to work together on your own.

No longer will the pictures painted by Norman Rockwell represent the best of America, for that day has long since past. The United States Government isn’t strong enough to make the right choices and the American people aren’t properly educated, many of them are ignorant when it comes to a whole view; they just do not know better.

The simple answer is socialism. We as a society are too far away from ingenuity and problem solving that created the prosperity our country realized for so many years.

Americans need to wake up! We must stand together, untied and say to our governments (local and federal), “If it not yours, don’t touch it!”

-David