Did I read in a prior post that you believe the United Nations will help solve America's financial situation? If so, you cannot be serious. If there ever was a classic example of dysfunctionality, it has got to be the United Nations.
Innovation is what drives an economy - not big government programs. Innovation comes from private enterprise. It's a grass-roots approach. Grass grows from the ground up - not from the sky down to the ground.
I believe people around the world have figured that out. Saddly, few of those folks live in my part of the world. That is why they have an "entitlement" mindset rather than a "sense of responsibility" mindset.
The entitlement mindset says it is the government's responsibility to provide for your needs. Well, that has been tried and it does not work. Remember Russia under Communism? The nation collapsed economically. Why? Because no government can successfully manage the needs of a population. Why do you suppose China does most of its retail business with the USA? It could not keep its economic system afloat without the help of the USA. Yes, China thinks in terms of communism for its own people. But, it thinks in terms of capitalism when it deals with the USA. Make no mistake, a FREE marketplace is a necessity for survival on this planet.
So, what works? People learning to lead responsible lives on their own. That is what works. More capitalism and more private enterprise innovation is what is needed to restore any economy. That is why I am all for New Zealand stepping up to the plate and helping California to solve its $42 billion budget deficit. You obviously, cannot do all we need. But, make no mistake, every little bit helps.
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