Finally, we are living in absolute Utopia. However, I am referring to a “bail-out” utopia, not a grand social order of peace, balance and abundance. We’ve had pre-TARP (Fannie Mae & Freddie), TAPR, two “stimulus” packages, and more is set to blanket our nation. With few exceptions, very little benefit has resulted from the strategy of simply “throwing more money” at problems. We are adding inordinate debt to our nation’s economy, and yet our systems are not responding by stabilizing or showing improvement. Perhaps it is time to recognize that the systems (not only the people who run them) know best, and we should see the signs that spending (inefficiently) does not work.
Will The TARP Accomplish Goals
Although it will certainly make life uncomfortable for many, allowing systems to rebound with limited government interaction has been the most effective throughout time. Artificial rescue—or “propping up”—of an economy seldom has lasting benefits. The feel-good mentality that government is the answer to all social, economic and personal ills is a path that leads to diminished individual accountability, and increased government control. By looking at attempts to achieve success by these means in the past, discerning minds will see where the path traditionally leads.
(To see over one hundred personal development invocations build upon the acronym WTTAG, visit my website at www.wttag.com or request info at info@wttag.com.)
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