“It is absolutely true that we can't depend on government alone to create jobs or economic growth," President Obama said. "But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back into life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs."
Only the government has the power to coerce. Mr. Obama’s solution to the ailing economy is: more coercive power – more enslavement.
Tragically, the alternative offered by the Republican Party, a staunch advocate of oppressive laws like antitrust and insider trading, is a path towards theocracy.
Recessions are caused by serfdom. The cure is freedom. Dr. Benjamin Franklin observed:
“Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need for masters.”The solution to the devastating loss of jobs is capitalism. Unleash job creators!