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The way to fix the economy is to stop rewarding sloth and failure and reward work, saving, investing, and success.
There is too much personal debt, too much government debt, and too much government spending.
The productive sector is paying to support the entitlement sector, plus the government gold brick workers. It cannot continue forever.
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There is only one way we can fixt the economy and restore propsperity. And that way is to defeat the insane Tea Party Republicans who currently hold one house of Congress hostage.
"Basically we're still stuck in the situation we were three years ago and we haven't made any progress at all except that our problems are much worse because of political reasons, because we now have a crazy party in charge of one of the Houses of our Congress and they won't allow anything to happen because it's in their vested interest to make things worse,” Bartlett explained in his typically exasperated way. “Plus they have a theory that is completely nuts…. I'm very depressed. I'd love to see some program like this [paper] enacted. I see zero chance of it happening. The most we can hope for is that a complete crazy person like Newt Gingrich gets the Republican nomination, the Republicans lose so badly that they lose control of the House and don't get control of the Senate and then maybe in a year we can finally talk about doing something rational such as what is discussed in this paper.”
--Former Regan Advisor Bruce Bartlett
http://tpmdc.talkingpointsmemo.com/2011/12/economic-experts-gather-in-dc-to-explain-why-politics-has-doomed-us.php
#politics