My comments to Karl Rove’s article “It’s the economy stupid”

Karlrove

Karl Rove

Well will miracles never cease, I had the distinct pleasure of providing a comment to Karl Rove’s article on the Wall Street Journal’s site below is what I wrote:

Mr Rove,

I would first like to say. Thank you very much for your continuing efforts to make sure the real message is out in the public.

Nowadays I watch with shock daily as my great, great, grand-children’s future is squandered on useless efforts. The only result I am seeing is a rapidly growing federal government; and I doubt our founding fathers would ever have imagined a government so large and still yet doing so little. Is the current administration suggesting that the current state of the world economy requires the federal government to become a banker and automobile builder?What ever happen to the open market and market forces, I know they still exist we only need to get back to the basics (God, Family and Friends). Does the current state require such a behemoth federal organization, should we not just adhere to the laws of the land as they were initially created. This was never the intended goal of the founding fathers, how do we turn this around.

I would like to offer an opinion; we as American citizens need to stop and realize the difference between our “Needs” and our “Wants” and manage them more successfully than we have in the past. It certainly looks like were heading down the right path with our savings rate starting to increase. However were only saving because we know its bad times were not saving because we know smart thing to do.

I would also suggest that maybe it’s time that we review the need for a federal minimum wage, now I know this is an extremely hot topic and will raise the dander of many a liberal. But let’s look at it a different way, what if we were paid for the value we bring to an organization and not paid based on the value that the government deems we are worth. I would suggest with the current bail-outs, the government has no ability to determine the worth of any asset of any type. Free market must dictate the value of assets and products. Now I know there’s no way to back-out the minimal wage policy, but this can be done over time.

This should be something that is considered and looked at as one viable solution. Did you know that if you removed the minimum wage barrier that your goods and services would have the potential to start going through a deflationary process and we could see a loaf of bread under a dollar. Would really like to talk in more detail about this idea and provide more granularity with explanation and an approach.

My apologies if this comment was not briefed on how often you get a forum to provide an input option. I want to extend a sincere appreciation for your ongoing and proactive attempts to make sure people understand “it’s the economy”. I would be glad to help where needed.

Cheers and best regards,
Harold C. Heard Junior
http://www.twitter.com/haroldcheardjr

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