Saturday, October 16, 2010

Might The Economy Be In Better Shape Now If Dems Had Done Nothing?

There's a truth in science that we don't talk about much in politics: one cannot prove a negative. In other words, you cannot prove that what you didn't do would have been worse ... or better.

Considering the sorry state of our economy after we let the current regime do whatever they wanted, it's NOT unreasonable to wonder, what if they had done nothing? Democrats have been very busy, especially the president, taking credit for it not becoming worse. They state as fact what is really ONLY conjecture: "Things would have been worse if we had done nothing!"

The ONLY fact about that statement is that they cannot possibly know whether that's true since they didn't do nothing. Considering the historical strength and resilience of our economy, it's not an outlandish argument to say that the economy might be in better shape now if Dems hadn't stolen several trillion dollars out of the economy. Did all that money do more good in the government's hands? We can't know for sure but, based on lack of results, one has to say maybe not.

Granted, something had to be done to stop the bleeding but most of what basically had to be done was done under Bush ... TARP. What might have happened after that if government had just stayed the heck out of the economy from that point on and let market forces do what they've always done better than government? It is NOT a wild and nonsense notion to consider that, just maybe, the people and companies could have done a better job of recovering the economy.

In fact, many, many economists have been strongly opposing what they've done and have been pushing for MUCH more help for small businesses. The current administration has steadfastly ignored that call for real, honest help to that critical sector of our economy. That many smart economists cannot all be crazy. What if they're correct? In that case, it DOES mean that Democrats HAVE BEEN going at this ALL WRONG. It's not 'evidence' they did the wrong thing but it's not an irrational notion is it?

The key thing I wanted to point out is this TRUTH (for those of you interested in actual truth for a change). Democrats DO NOT(!) know whether what they did kept the economy from getting worse. In fact, it's arguably possible that their meddling actually made things worse! But we won't know that will we? If we can't know that, then the Democrats have NO basis whatsoever on which to claim their intervention did more good than harm. It is nothing more nor less than conjecture. Therefore, We The People, have NO basis on which to believe it's true!

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