Read More »"/> Read More »"/>
Jim Clifton, Chairman of Gallup, whose job is to watch the rise and fall of numbers week after week, offers advice:
Don’t allow your local constituencies to look to Washington. Washington has something for you that is unsustainable or even worse, unhealthy. Free money eventually makes you more dependent. Free money, entitlements, more bureaucracy, less of your control—all these things make individual initiative, meritocracy, and free enterprise weaker and less competitive.
In defense of Washington, it wasn’t originally set up to be the nation’s economic engine. The U.S. government has seeded whole industries through land grant universities, defense contractors, and scientific and medical researchers to name just a few. But the government has never, will never, nor should it be expected to ignite badly needed sustainable economic booms.