Cathy Classics by Cathy Guisewite for October 01, 2009
September 30, 2009
October 02, 2009
Transcript:
Saleswoman: We're not just rejecting the recession with this year's styles, we're rejecting THEIR recession!! Why should we look all downtrodden because some overpaid wall street bunglers destroyed the global economy?? Fall's high-impact fashions say,"we're in charge"! "We don't need anyone to squander our money for us"! Cathy: We can squander it ourselves?? Saleswoman: Precisely! Power dressing is back!
Discredit where discredit is due. The economic crisis was caused by the final snapping of the camel’s back after decades of government interference in the money supply, interest rates, banking regulation, housing policy, tax structure, etc., etc. Then blame it all on Wall Street, corporations, banks, businessmen, capitalism, etc., and use it as an excuse for even more goverment interference.
The reason the crisis went global was the fact that even our hobbled, part-controlled/part-free mixed economy is still the engine of the world’s prosperity. As China and India now demonstrate, even a little freedom goes a long way. I’d like to see us try it again in America.
The idea that the economy was not regulated enough is a flat lie. Repeal Sarbanes-Oxley; take all the favors, threats, and give-aways out of the tax code; abolish the Fed, Fannie, Freddie, and hundreds of bloated, wasteful bureaucracies at all levels and watch the whole world surge toward undreamed-of prosperity.