Speak Out 1/23/09

Looking for escape

IT is a fact that during economic hard times the entertainment and movie industries are profitable. It was during the Great Depression that the Golden Age of the movie industry and the first amusement park boom took place. It is simple to understand. It is escapism.

Buy decorations

JACKSON is spending all of that money for fireworks. Why doesn't the city use that money to buy some Christmas street decorations?

Spend more

FDR did the wrong thing by not spending more money. World War II was the driving force that got us out of the Depression. WWII did this by significantly increasing how much money we spent. This concept is known as Keynesian economics. The belief behind it is that a nation's debt is controlled with two levers, one for goods produced and the other for cash spent. During that time we took over the market in arms manufacturing. Due to the increased government payroll, the market began to thrive. People purchased goods, and our pockets got fat. In retrospect we can see that spending money is a good thing.

Horror story

IF you want to read a real horror story, take a look at President Obama's American Recovery and Reinvestment Plan. He is not only going to flush $800 billion dollars of taxpayer money, but he is going to kill capitalism and opportunity in this country. In four years it will be like living in France.