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This is the blog where leaders come to learn with NY Times, Wall St. Journal, USA Today, Money & Business Weekly best selling co-author of Launching a Leadership Revolution & Top 25 Leadership Gurus List Best of the Rest Selection - Orrin Woodward. This blog is an Alltop selection and ranked in HR's Top 100 Blogs for Management & Leadership.
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Re: Political Leadership & Monetary Morality
by
Anonymous
Something For Nothing
I read this blog on the net this morning. It fits!
The ARRA makes clear that we have not learned one great moral
lesson: You can’t have something for nothing. Or, among economists,
there’s no such thing as a free lunch.
I’m not even sure that anybody is seriously arguing that most of the items contained in this bill constitute “stimulus.” Congress can genuinely
stimulate the economy in two ways: decreasing taxes and decreasing
regulation. In other words, by putting fewer hindrances in the way of those who wish to produce and consume. Everything else is smoke and mirrors. Government puts money into one person’s hands only by taking it out of someone else’s.
If the bill has any positive impact, it will be psychological, making people
believe that the economy will improve and therefore generating positive economic activity. This possibility seems doubtful at this point. It appears
instead that the measure’s most significant effect will be to increase the
cynicism with which the American people view their government. I’m
undecided yet as to whether that is a favorable development.
Proper leadership is so important! It involves a vision to see farther
than the end of one's own nose. Perhaps the current crisis will awaken
people to practice the principles that have stood the test of time. We are commited to help people create their own stimulus package with alot more security. Sounds like a sound plan to me. :)
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