When I write about the economy, it ends up being this mealy mouthed mess, sort of like wet crackers in soup, but not nearly as tasty. This is for two reasons. One is that I have never studied economics and I know just a little bit about them, especially on the grand scale of nations. Oh, I know about personal economics, and I've observed entrepreneurs at work--the life of the small business owner is known to me--but terms like "supply side" and "Keynesian economics" I don't understand in a way that makes for compelling reading.
The second reason is that from what little I do know, I am not convinced by either side that they really know what will work to pull this country up into a good economic situation from the current bad situation. You have some saying that if we cut too much from government spending, we will kill the economy. You have some saying that government spending actually costs more than it produces. Part of the problem, I think, is that we have conditions that have not been seen before. There are parallels to the 1910s, 1930s and 1970s but none of these situations provides the same scenario as today. It is helpful to examine this history, but is it predicative of how the new situation would respond to a given intervention today?
I have now written three last paragraph drafts. There is no good stopping point it seems. I am concerned, both on a personal level--in fact, I think that is why money matters get people emotional; there is a very real personal fear of being destitute or caught up in people's unmet needs--and for our country's future. How do we keep the American dream alive? How do we keep money from concentrating in just a few people? How can we help those with needs and not cripple them? Can we revive manufacturing in America? How much tax is too much tax? How much government regulation is too much? Are we going to end up with some different attitudes and actions concerning consuming "stuff"? Can I be secure economically as I age?
With that last paragraph, I think I fell in the deep end of the pool. Treading water now...planning on getting out, at least for the moment. Thanks for reading.