It’s A Bird, No It’s A Plane, No It’s Senator McCain
Senator McCain has suspended his campaign to return to Washington and save the country.
“I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself,” McCain told reporters in New York. “It is time for both parties to come together to solve this problem.” McCain via CNN.com
Solve the problem? We know what happens when the Federal Government solves problems. We end up with levees made of Play-Doh (sorry I live in New Orleans).
The only way that the government could save us is if they all of a sudden produced an amount of goods that is equal to the national debt. Then sell those goods at market rates and pay back all of the people they owe money to. However, this is not going to happen because it is far easier for them to take on more debt and pass that chore on to future generations.
The problem with the economy is that we are not producing the products that are needed in the world. The reason this happened is because the government has artificially increased the price of goods like houses. When the price gets high more people want to sell a given product and we end up with excess supply (think bubble). This leaves less people out there producing what we actually need.
So if McCain really wants to save the day he would let the people that made bad investments swallow the medicine. People would lose money and people would go broke. The news would find plenty of devastating stories, but in the end this country would get back to producing. We would produce like we never have before.
So Senator McCain don’t pull that “Straight Talk Express” into Washington.