Good Michael Malone opinion piece from last Friday about the economy and government titled Orphans of the Storm. Worth reading the whole thing. Full of common sense concern over some of the damage we may be doing to the American economy.
Here's a taste...
What does seem obvious is that the economy wants to recover. I can see it everywhere around me here in Silicon Valley – companies (notably the PC makers) putting out great new products, entrepreneurs writing business plans, talented people anxious to get back in harness. And I sense that’s true almost everywhere else in this country. Even the stock market rally seemed like a bull banging against a gate waiting to be unleashed.
But while we all may be ready to get back into the race, Washington – in whose hands our collective fate now sadly rests – may not be ready to let us. And it’s all because they seem to have forgotten, or never learned, those three hard-earned pearls of wisdom with which I began this column.
For example, inside the Beltway they seem to be pixilated (the old definition) these days with Magical Thinking. Both the White House and Congress somehow believe – despite all evidence that big, top-down and bureaucratic initiatives no longer work in our Web 2.0 world – that they can grab entire sectors of our economy and impose on them a whole new regime that will magically work without any unexpected and catastrophic side-effects. No business in America, from the corner dry cleaners to a Fortune 500 company would ever contemplate something this crazy, at least not without preparing the most detailed road map imaginable and getting every employee on-board – not passing massive and sweeping laws that nobody has read, whose consequences are unclear, and the majority of the citizenry is against.