Minimize Economic Threat

Veritas Libertas by Edward Wimberley

The world economy is struggling.

Think about it. Greece is going to default any day, and there isn't enough money in the European Union (EU) to respond to it. Germany is moving to the far right at the thought of having to bail out its extravagant neighbors. The welfare state as a functioning system is on the ropes in Europe at the very time that poverty, inflation, and high unemployment will be on the rise as the EU fails. First Greece, then Portugal, then Spain – the system has to fail, and when it goes down, the whole globe goes into a deep depression.

Meanwhile, the U.S. economy is flat lining, and the unwillingness to promote domestic energy production, the use of clean coal technology, and, frankly, the re-industrialization of America undercuts producing goods, increasing employment, and accruing wealth. So the US economic engine is sputtering, mostly because we are denying it all the resources, the "fuel," it needs to move on –and the world economy goes in the tank prompted by the EU.

In the meantime, Japan has still not recovered from its last economic downturn, and China has this tremendous economic engine of labor, demand, and resources but a shrinking international market of consumers with the resources to purchase its products or pay the interest on the debt it holds.

So everything is set for a perfect economic and social storm. By investing in itself for energy and industrial production, America could do much to at least minimize the impact of international events, if not create some badly needed demand worldwide. Yet we are on the sidelines, principally because of our self-imposed ban on drilling in the Gulf and elsewhere for oil, our refusal to go after the resources of the tar sands out west, our continued boycott of nuclear energy, a similar animus against clean coal technology, our burdensome EPA regulations that make business uncompetitive internationally, our tentativeness to do anything industrially due to "global warming," and more.

Economic chaos, social disorder, war, and famine could spread, and society and culture as we know it, as well as economic independence and prosperity, could devolve into a modern version of the Dark Ages.

Yet this is preventable and Americans can avoid calamity by:

1. Investing in energy exploration and innovation;
2. re-industrializing America, to include educating and training citizens for technical "blue collar" jobs;
3. enacting smart immigration laws that allow us to bring in the international talent required to jump start our economy and energy production;
4. devolving the illegitimate power concentrated at the federal government level that rightfully belongs to the states, thereby enabling the states to become the democratic, social, and economic incubators they were originally intended to be, and
5. replacing the current Progressive/Socialist leadership that dominates the Senate and White House with strict constitutionalists and free marketers who will minimize the impact of government in the lives of people.

Without question, the world economy is in chaos, and there is much that lies beyond the control of the efforts of citizens and our governmental leaders. However, the immediate future of American lies in our hands, within our resources, among our citizens, within our hearts, and expressed in our enthusiasm, imagination, pride, and hope for our nation. If we are hampered in adjusting to the international economic realities that threaten us, then our restraints are self-imposed and we can rise above all that threatens us by casting off the spiritual, intellectual, political, and social constraints with which we have shackled ourselves and which we can readily escape the moment we choose to do so. That moment is now!

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