Forget the girls — it’s government gone wild
All one really has to do is look at Buenos Aires — once one of the richest cities in which to live, on par with New York City and Paris. However, after going through a couple of decades of irresponsible state leaders, war and, probably most controversial, a forced alien economic system, the country, although it claims to have recovered, really hasn’t.
Worse yet, the Argentine government adopted protectionist policies to protect its native uncompetitive industries.
This shouldn’t be the future of America. We as a people need to protect the value of our currency. We need to protect our markets and keep them competitive over the long haul. We have a right to stand up when something doesn’t sound economically feasible. There is an eminent threat that can, and will, destroy our country.
Americans must remember that other countries want to have the position of being a global hegemonic force. They want to have all of the world’s talent and resources filtered directly into their country.
Americans should look back on the Keynesian economic policies — a mixture of socialism and capitalism — of Franklin Delano Roosevelt.
Don’t be afraid to remember that many of his socially radical policies were later shamefully revoked and some rightfully deemed unconstitutional. Instead of bowing to an ideological economic approach, such as the Keynesian approach — which favors government spending to recover what is lost on the consumer and business side of the GDP equation — maybe the government should focus on doing what is fiscally responsible.
Visit www.armstrongwilliams.com.
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..