Grounding the economy
The stock market does a dive and we panic. When we started the bailouts, we started down a path that eventually leads to a total lack of tolerance for any chance in our life.
http://www.foxnews.com/politics/2010/05/07/obama-authorities-investigating-wild-market-swing/
When I read the news piece about our president ordering an investigation into the stock market down swing, I had the following thought I think relates.
How do you prevent airplanes from falling from the sky? Ground it. If it isn't in the sky, it plainly cannot fall. Will this prevent the airplane from falling? No. An airplane usually sits on wheels, or perhaps pontoons. Either way, if you want to keep the airplane from even falling, you must take it down even further. It won't be long before you go from an airplane that is not flying to an airplane that cannot fly.
So it will be with our economy. If you are so afraid of the turbulence, you might find that you have grounded the plane. The economy isn't like an airplane that we can tell by looking when its wheels are on the ground or if it is flying in the air. And, also, unlike an airplane, it might just be possible to dismantle the economy while it is still flying with good intentions and render it unable to fly. Top it off with the fact that while you take a skilled mechanic and possibly put an airplane back together, who among us even knows how to build a working economy anymore? See, the key to a flying economy is minimal intervention, but we filled to overflowing with experts who have taught us to accept government intervention regulation, and we've taught ourselves to fear turbulence in our economy. We will sell our freedom to succeed for the belief we can make everything perfectly steady. Take the airplane example, if the plane isn't moving, just sitting on the tarmac, isn't that perfectly steady? It also won't take you anywhere, nor would you be flying. So our fear will rule us, we'll take no chances, and we'll have no freedom. No freedom to succeed. No freedom to fail. They go hand in hand.
http://www.foxnews.com/politics/2010/05/07/obama-authorities-investigating-wild-market-swing/
When I read the news piece about our president ordering an investigation into the stock market down swing, I had the following thought I think relates.
How do you prevent airplanes from falling from the sky? Ground it. If it isn't in the sky, it plainly cannot fall. Will this prevent the airplane from falling? No. An airplane usually sits on wheels, or perhaps pontoons. Either way, if you want to keep the airplane from even falling, you must take it down even further. It won't be long before you go from an airplane that is not flying to an airplane that cannot fly.
So it will be with our economy. If you are so afraid of the turbulence, you might find that you have grounded the plane. The economy isn't like an airplane that we can tell by looking when its wheels are on the ground or if it is flying in the air. And, also, unlike an airplane, it might just be possible to dismantle the economy while it is still flying with good intentions and render it unable to fly. Top it off with the fact that while you take a skilled mechanic and possibly put an airplane back together, who among us even knows how to build a working economy anymore? See, the key to a flying economy is minimal intervention, but we filled to overflowing with experts who have taught us to accept government intervention regulation, and we've taught ourselves to fear turbulence in our economy. We will sell our freedom to succeed for the belief we can make everything perfectly steady. Take the airplane example, if the plane isn't moving, just sitting on the tarmac, isn't that perfectly steady? It also won't take you anywhere, nor would you be flying. So our fear will rule us, we'll take no chances, and we'll have no freedom. No freedom to succeed. No freedom to fail. They go hand in hand.