On the Horizon, A Course Correction

Rand warns us that government policies that engender entitlement and cause business owners to go on strike and withhold their capital are detrimental to the economy. What compounds this problem today is that an out-of-control profligate government that enlarges dependence also sets us up for a greater economic crisis than the last one.

Fortunately, the catalyst for course correction is around the corner. Ironically, President Obama can be thanked for making this midterm election an overdue referendum on liberalism. Average Americans are now more informed and engaged than they have been in generations, and they are highly motivated to vote. The most credible and successful candidates, whether incumbents or new entries, are likely to be those resolutely committed to deficit and debt reduction and getting government out of the way of private sector job creation — 

Posted via email from Global Politics