Fred on the Economy

A friend sent this link to me today. This is Fred Thompson on the economy. It's about 8 minutes long, but it's well worth the time. You'll laugh, and you might even cry.

http://patriotroom.com/article/fred-thompson-at-his-snarkiest-best;jsessionid=F87226F66573E3EF24B609732535D653

What Fred is sarcastically pointing out is exactly what those of us who are logical thinking members of society already know. We can't borrow and spend our way out of this recession. That's what got us into this mess. Our economy is rushing towards permanent ruin, and the "experts" in Washington D.C. are hell bent on speeding it along in their misguided attempts to "help".

In my opinion, and this will sound harsh, we need to ride this out. Hard choices need to be made. Companies that have mismanaged themselves through the recent artificially inflated economy need to fail or go bankrupt, so that new, better managed companies can take their place. I realize this will cost jobs and we will suffer in the short term, but we'll be better for it in the long term.

I believe that letting the free market work is the quickest way to fix this. Anything else will just continue to artificially inflate this economy and "kick the can" down the road to future generations.