JoeHx Blog

For the ultimate in foreign food and culture, go to the Dayton A World A’Fair. They do it about once a year.

In this era of massive government spending, a huge government deficit, untold amounts of consumer debt, and stories of layoffs after layoffs, some have come to wonder how those who have money achieved their wealth. Those some have come to the conclusion that the evil rich through trickery and deceit.

If you read my previous blog on the economy, you’ll see how I explain recessions as part of the inherent flaw of capitalism. As a recap, it is essentially because business people need to earn more than their customers, and their customers need to make more than the business people. This concept would make one wonder how capitalism works at all.

It might strike you odd that I’m libertarian - that is, I want government as small and harmless as possible - and that my political view is rooted deeply in my faith. You see, I believe God gave us a gift, a gift so very precious that we have created a government to protect it. The government has often mishandled this gift, and so have we. We don’t really deserve this gift, but we have it.

The sky is falling. Everyone’s losing their job. The dollar isn’t worth what it used to be. Everything’s doom and gloom. Yet economists and politicians seem to insist that this is all part of a cycle, which includes recessions, booms, depressions, bull markets, bear markets, and other mumbo jumbo.