Friday, February 06, 2009

Casey Berry
February 6th 2009
8:12 am

An Economy of Faith and Trust

According to David Brooks “classical economics” has taken over policy thinking. He says that this financial crisis is because people are being stupid. People go about this crisis in all the wrong ways. They jump way too quickly as soon as something changes with the economy. He said that for the past few years Republicans have been trying to change and reform “private” social security, medical benefits, and education policies. He is insinuating that they have messed everything up dealing with the economy. He states that Democrats have an “unfaced crisis”. Brooks also said that he believes that the economy should be based on “faith and trust”. When our government is spending trillions and trillions of dollars and is continuing to do that, there’s no wonder our country is in such debt.
In my opinion Brooks is incorrect, I personally will not put my faith and trust in government and politicians. So far in my lifetime the economy has definitely taken a spiral downward, and personally I believe that is a direct result of government and politicians. We Americans aren’t the ones spending trillions of dollars on these ridiculous and unproductive items. In order to get this economy straight it’s going to take a whole lot more that a silly bailout plan. We the people need to take action in order to get this economy back on track, we need to cut back on the non-essential and focus on the necessities. Also these big corporations need to quit paying out these huge pay increases to their CEO’s. We need to quit shipping our jobs overseas and start building up American built plants and corporations to create jobs for our own people. The best thing to do is come together as a nation and do something to demand a change from our leaders.

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