- The Washington Times - Sunday, February 1, 2009

ANALYSIS/OPINION:

ANALYSIS/OPINION:

Crisis - the call to arms used for decades and used most effectively during the Clinton administration. Issues used as calls to arms have included the ozone layer, global warming, DDT and now the economic crisis.

In most cases, I do not believe in a zero-sum game when it comes to the economy. That is, it is not true that someone has to become poorer whenever someone else becomes more prosperous. However, with the recent federal bailouts, we do and will have a zero-sum game. Our country, which comes down to you and me, will be much poorer when the government spends like this.

In addition, by taking the course to which liberals always default - buying into the assumption that government knows best about what to do with other people’s money - two things will occur:

1) The liberals enhance their power and are most likely to get re-elected because they are never wrong and because they say “Judge us by our good intentions, not by the results.”

2) We fall deeper into the abyss of dependency on the government to solve what was just another recession, albeit a deep one. This recession was caused, for the most part, by our own government.

Socialism always has been the liberals’ game, which is why they demonize businesses. They tax and sue these entities, but what is the result? Government gets bigger, and consumers get poorer.

Reform corporate compensation? Do you realize what that means? It means the government telling private companies what they can spend their money on. This is nothing short of a government takeover of private industry.

Tell me how many jobs are created or how one citizen is better off if a chief executive is made to only take $1 million in salary and compensation versus $10 million. These salaries are only straw dogs.

The bailouts are boondoggles. Furthermore, in the economic stimulus bill currently being debated, the politicians are trying to spend the maximum amount of money on their pet projects while throwing a few bones to conservatives in the form of a few tax cuts. This stimulus bill will not have the desired effect, if you believe that the purpose of a stimulus is to create jobs and get the economy moving again.

DENNIS A BAKER

Manassas

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