President Obama wants us to imagine an America that is within reach. I would rather have you imagine a world a little further down the road. The President wants “[a] country that leads the world in educating its people. An America that attracts a new generation of high-tech manufacturing and high-paying jobs. A future where we’re in control of our own energy, and our security and prosperity aren’t so tied to unstable parts of the world. An economy built to last, where hard work pays off, and responsibility is rewarded.”
I prefer to imagine a world in which governments allow you to educate your children as you see fit, without interference. A world in which governments allow you to start and run your own business and create jobs without interference from bureaucrats. A world where you are allowed to purchase energy from any number of sources or companies that do not have special government privilege, or supply your own energy from wind or solar and be able to share the excess with your neighbors without government regulation. A world where you are able to use the currency of your choice without threat of violating a legal tender law. Such a world would have an economy built to last, where hard work pays off, and responsibility is rewarded.
The President also said “We can either settle for a country where a shrinking number of people do really well, while a growing number of Americans barely get by. Or we can restore an economy where everyone gets a fair shot, everyone does their fair share, and everyone plays by the same set of rules.”
If the President were serious about having an economy where everyone plays by the same set of rules; he would immediately ask Congress to revoke all government contracts, abolish the IRS, abolish the Federal Reserve which serves to protect the large banking institutions, and work with the Governors of the 50 States to abolish the use of eminent domain, abolish special privilege given to “corporations,” repeal zoning laws and abolish welfare and licensing laws which do little more than stifle the free market. A world without government interference would be a world where everyone gets a “fair shot.”
President Obama additionally said that he will “fight obstruction” in Congress. As long as bills that create more laws, continue funding the military occupation of foreign nations, take away more rights of the people and increase spending are being proposed, I believe that obstruction is the only admirable action that any member of Congress could commit.
In closing, the President says “[m]illions of Americans who work hard and play by the rules every day deserve a government and a financial system that does the same.” I am curious what President Obama means by this statement. I doubt that he intends to remove the special privilege given to the Federal Reserve System. I doubt he will remove government contracts and privatize all government agencies. I doubt he will ask Congress to abolish the postal monopoly that prohibits competition on delivery of first class mail. I also doubt that President Obama will request the repeal of “sovereign immunity” which protects governments from civil suits when a government (or government employee) violates someone’s rights.
As long as there is a central bank (whether private or government run) there will be “phony financial profits” and “bad debt;” two things Obama says he wants to eliminate. If the President were serious about moving forward with a blueprint for an economy built to last; he would heed the advice I’ve already mentioned. The only way forward, is to remove the obstacles – placed by government at all levels – from the road.