Public Pulse

February 5th, 2009

The Economy

Sadly the engines of the private sector that provides the power to produce the wealth that subsidizes government has either worn out or been suppressed. Pouring more trillions of borrowed funds into the public sector is no panacea to reverse the deterioration of the economy. Beginning with the Great Depression, at an ever increasing rate, the Government's deficit spending and irresponsible fiscal policies have led to the present out of control economic conditions now facing the Nation.

Struggling to solve a problem of its own making, Government bail outs and trying to create all kinds of public programs can only serve as a band aid. The survival of our capitalistic society can only endure with the very least amount of government control and intervention of the private sector. If there is ever to be a positive resolution, Congress must be swayed to stop its continued politically expedient, misguided course before digging the country into an even greater hole.

/s/Henry M. Sanford
San Marcos, CA 92078

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