Anyone who believes this is a total fool. The next few years will truly show how inept the government is. Remember, this is an organization that screws up basically everything that it gets involved in. Congress, in particular, is especially at fault.
It is bad enough that a close to $1 trillion spending package passed the House which most economists agree will do little to stimulate the economy. This seems to be something that the government is not able to do. However, stifling the economy is something it excels at. Over the next few years, we are going to see so much insane regulation that cripples an already awful situation.
Here is just a taste of some of what is going to happen. Read this article about how a new manufacturing law is going to hurt small business manufacturers. This is exactly what is needed when the economy is tanking.
One final thought: notice how there is total confusion among those who are in charge of implementing this law. Once again, total chaos because the government is involved.
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Wednesday, February 4, 2009
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