New Deal: Is it Stimulating the Economy?

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Are you still waiting for the stimulus to kick in and for the economy to rebound? Trillions of dollars have been spent by our government but where are the signs of recovery? Warren Buffet, billionaire investor, says he doesn’t see recovery in sight.

Although I have always been an eternal optimist, all these recent “changes” have dampened my enthusiasm. In the past you could count on Americans to step up, work harder and pull it out. I don’t see that happening. Unemployment is still rising and will be at 10% soon, foreclosures continue to increase at alarming rates, gas prices have been inching upward again and are approaching $3 a gallon, where is the relief?

America has been the most prosperous and successful nation in history. Her greatness displayed by her generosity and charity for decades all around the world. Her character revealed by defending human rights and freedom across the globe and humanitarian aid wherever catastrophe or famine strikes. This country is the envy of the world, not the enemy of the world.

Yet our President is traveling all over the world apologizing for our past. What has America done that requires an apology or a standing down during upheaval and injustice? Why aren’t we standing to support freedom fighters in Iran? Oh, but that would be meddling. We seem to be meddling into Israel’s affairs. We seem to be meddling into the banking, insurance and auto industry.

What do you expect to see when our government is blind to the past and racing toward changing the entire foundational structure of this country, which took centuries to build. America voted for change, and the change has been coming at lightning speed.

The trillions the current administration is “Pumping into the economy,” is not going to work for several reasons. Number One: We don’t have the money.We have to borrow money from foreign countries, primarily China, to stimulate our economy. Here is what the Bible says about this:

“The rich rules over the poor, and the borrower is slave to the lender.” – Proverbs 22:7

Do we really want to be dependent on borrowed money from a Communist regime like China? We not only are mortgaging the future of our kids and grandkids, but we are selling them as slaves to China. The only economy being stimulated by that arrangement is China’s.

Number Two: What we are not borrowing, we are printing. Yes, some of that money will eventually flow through the economy. However, will it go where we need it to go to provide growth and stability for the future? Although many find the cause of Robin Hood noble; on a large scale, taking from the producers and giving it to the non-producers stifles growth.

“You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work without receiving. The government cannot give to anybody anything that the government does not take first from somebody else. When half of the people get the idea that they do not have to work because the other half will take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that, my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it up.” – Adrian Rogers 1931-2005

How is free enterprise suppose to bounce back without any incentive in the system to do so? The rules for business are changing daily as the government takes more and more control of the free enterprise system. Are these bailouts and controls saving the impending demise or assuring it? Each liberal policy change implemented further stifles any profitability or growth.

The markets have always bounced back in the past, but the rules of investing have dramatically changed. What has always brought us back in the past no longer matters. How can we make lasting change to our standards of living and improve the lifestyles of the less fortunate? Do we expect those who we are demonizing and blaming for what’s wrong in America to pay for it? Why should they? What incentive do they have to hang around? They can afford to look for greener pastures to graze on and why shouldn’t they? We complain because we are losing jobs overseas. That’s because we are penalizing profitability and success in this country.

Why should a wealthy business owner with several plants, factories, stores, etc. in this economy, who has several thousand employees, continue to trudge along and watch their shrinking legacy? Why not just cash in the chips and ride off into the sunset or fly off with what’s left to retire in the tropics? Most of them love this country and would gladly do their part to help grow this economy. That’s hard to do when there is no incentive or freedoms to re- invest their money back into the free enterprise system. The only way to pull out of this recession or depression is to put America back to work. That won’t happen if you handcuff the free enterprise system and redistribute the money to the wrong places that won’t create more jobs than the implemented policies eliminated.

The “New Deal” didn’t bring us out of the last depression, the War did. The War united this country and put her back to work. Stealing the realized dreams of the prosperous will not fulfill the fantasies of the undriven non-producers. Nor will it provide any stable future. It will only produce a future of increased dependence. Is that not the definition of welfare, which is just another form of slavery?

We need to free up the credit markets to small business and encourage them to succeed and expand. That will put America back to work. Working Americans spend money. That stimulates the economy for further growth and expansion. History documents this clearly. There is nothing wrong with repeating what has worked in the past.

Pray for your country. Let’s get motivated and join together in unity for a common cause. United we stand, divided we fail. This is not about race, color or ethnicity. It’s about Patriotism and fighting for a country worth fighting for by each person doing their part. Rally the troops, let’s rebuild this country, not redesign it.

Jeff Senters