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Posts Tagged ‘socialism’

Economic Darwinism and the Recession

Posted by politicizer on June 14, 2009

Michele Walk, Staff Writer

It is no news that our nation, and the rest of the world, is currently experiencing one of the most severe economic downturns in recent times. In 2009 alone, almost 3 million jobs have been lost in the United States already. It is truly an unfortunate occurrence.

That, however, bothers me – the fact that the recession, and its effects, are regarded as “unfortunate;” it implies that we are entitled to having fortunate things happen to us, all the time, which is hardly the case. Yes, I agree, the job losses and other effects on the economy are perhaps not the most pleasant occurrences; on the other hand, we as a nation – whether we are blue-collar workers, Wall Street bankers, middle-class families or politicians – must keep our heads about us.

It also bothers me how everyone is content running around acting as if the sky is falling, acting as if we will never, ever, ever be able to get out of this recession and recover – that is, unless the government pours money into businesses. I would like to offer an alternate perspective: we should let failing companies fail, and we should let the economy recover on its own; the economy will turn around. It will be brutal for a few years – especially in the beginning, with job losses and the like – but new businesses will open, and the economy will go on. Read the rest of this entry »


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