Back to Basics, Again.

I found a great single page essay. It encapsulates all the stuff we've been saying for months. Somehow, unlike so many other articles on the current financial crisis, Brian Wesbury makes it clear and straightforward.

Here is a most succinct argument against government intervention:

"The reality is that every dollar the federal government spends must be borrowed or taxed from the private sector. And the more resources the government usurps from the private sector, the less job creation occurs."

No matter how smart we are, we seem to always forget that the government has no money of its own. And that if it spends money, it comes from citizens, who then cannot spend it themselves. Every dime the government has reduces the wealth of the nation. Government doesn't create wealth. It steals it from those who do. Can you think of a better argument against the leviathan being created by Zero and the Dems in Congress?

Government is the enemy of progress, efficiency and innovation.

"It is also true that most government spending is less efficient than private sector spending. While there may be a few areas that government spending makes sense -- let's say defense or some R&D -- the vast majority of government spending has nothing to do with creating new wealth.

Government is not the solution. Government is the problem.

"It often competes against the private sector -- the postal service and Amtrak -- and much of it is pure re-distribution."

Unemployment and Stimulus by Brian Wesbury.

The Gunslinger