Friday, September 10, 2010

From the Wise Words of Milton Friedman

No single person sums up my beliefs quite so well as the late Milton Friedman. And after listening to Obama's most recent press conference (September 10th, 2010), it has become increasingly clear that this man neither believes in freedom, nor understands the concept.

As Milton Friedman so eloquently pronounced, "a major source of objection to a free economy is precisely that groups think they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself."

When asked point-blank why government officials were avoiding the word "stimulus" in describing recent and future efforts to artificially inflate the economy, Obama pranced around the issue for a while before announcing his fervent declaration that "everything we've been trying to do is designed to stimulate growth and additional jobs in the economy. I mean, that's our entire agenda. So I have no problem with people saying the President is trying to stimulate growth and hiring. Isn't that what I should be doing?"

Interesting question, Mr. President. Easier answer, though - NO! Since when does the executive have the power to levy governmental spending for the purpose of "stimulating" growth? And further, who gave the Federal government jurisdiction over private sector spending? The citizens of the United States should file suit over embezzlement - manipulating assets vested in their trust to serve us that are instead being used to "stimulate" growth for a select few - especially considering that said stimulation has not been shown to be effective! If anything, it is detrimental to not only long-term productivity, but also American freedom in general.

The entire press conference proved only one thing; Obama is truly misinformed in both his role as Chief Executive and the boundaries of interest of federal government. His pride must be tempered with his desire to help the American populace - a feat I truly believe he is trying to accomplish. But bolding reasserting failed policies in fact constitutes the definition of insanity.