The debate over what is actually wrong with our economy does not seem to be divided into two camps.
On the one hand you have those who claim everything will be fine if we can get a big government from our economy. On the other hand, Paul Krugmans in the world shouted all the harder: Get more great government to our economy and everything will be fine and Dandy.
There are no arguments that get to the root why we are in our situation today. We are in our country now not only because the large government places itself in the economy but above all because morality has been taken.
There is a fundamental moral problem that really needs to be dealt with. This can be seen in careless and nervous spirits in some of the main segments of modern economies. It creates a bustle market that directs people to hate the idea of restraints and convince spiritual, religious, moral and cultural values that usually function to govern and increase economic activity.
You can see this in new investment products and derivatives in the financial world that run a big risk. You can see it in speculative bubbles such as the 2008 subprime mortgage crisis or in large-scale debt.
However, most of us feel this frenetic spirit in the hustle and bustle lifestyle we rush. Instant gratification is the order of that day. We must have everything now, instantly, regardless of the consequences. We demand the latest and greatest versions of the most powerful gadget. We must have the house now with money down or means paying. Consumers are encouraged to spend with reckless use with mouse clicks or friction cards.
This frenzied life method ends up destroying morality, sacrifice and restraints. It ended up attacking the natural immune system of the family economy, the community and the church which usually defends the public towards losing self-control and maintaining the economy in balance.
We can compare our economy to the human body very healthy and strong – it’s the biggest and best around with a large capacity to work. But there are also drugs that enter into this healthy body veins and cause chaos on the system. It breaks the body’s defense. This can even stimulate muscles to work harder and frenetically. The end result, however, is a big imbalance in the body. Sometimes, the whole system crashes.
Our problem today is that this drug damages and dominates our strong economy; This set the tone. It rips our economy and society separately.
That’s why I think the debate hasn’t been framed well. Everyone seems to argue about how we will keep the Frenzied Party go and who will pay the free or government bills.
Let the free market work, one side says, gives us enriched vitamins (break taxes) to let the body adjust to madness. Liberal said we needed artificial steroids (stimulus package) to jump from an in-sedative body.
We need to overcome real problems – drugs. I call it this reckless hustle and bustle “Frenetic Intemperance,” which is like worse addiction. I am of the opinion that we need to get rid of the frenetic intemperance which is now dominant so that the economy can be stable, healthy and prosperous once more.
This cannot be done by legislation, rules or rigid planning because it will suffocate trade punished especially innocent. It cannot be done through the market that is truly uncontrolled outside virtue, because this is volatile and often falls.
