Government's Role in Hurting the Economy

President Bush, The Federal Reserve Chairman, and many Republicans, along with all Democrats are now supporting a "stimulus Package" to help stimulate an economy that is slowing down and some fear will go into a recession.

For starters, since 2002 the economy has been flourishing with great expansion and especially after the Bush Tax Cuts in 01 and 03 we saw an economy that was as strong as ever and yet the administration never got credit for it because of two reasons.
1) The Media hates conservatives and republicans like President Bush and would not report the good news, or would report good news one, second but give reasons that news does not help "everyone". Now the economy is slowing and the Media is all over it!! They love it because with the War going much better, if the economy was still expanding and rolling, then it would help republicans. I can see CNN, CBS, NBC, and ABC anchors salivate at the bad news!
2.) President Bush is a terrible communicator and if the Media is going to be bias you need to get people out there making speeches and explaining to the American People why the Economy is booming! He failed to do that and thus I have little sympathy for him.

Today politicians want to get involved with fixing the economy?? I don't understand it.. Economies go through Business Cycles. They expand and contract at times, and at times Boom and at times recess. Nothing is new. The government has a responsibility to have good tax policies, spend money wisely, and keep interest rates at a good rate. And yet now they want to have a stimulus package to help the economy. Lets review:

The Democrats will not extend Bush's tax cuts which will expire in 2010, which will hurt businesses and investors. And you don't know why the Stock market is hurting? Investors know that they will be hurt when those taxes are raised once again. Politicians threatened law suits to loan companies to make risky loans to people they otherwise would not want to make loans to and now people's houses are forclosuring and you wonder why politicians?? Yes Lenders made some bad loans themselves, some might have taken advantage of certain people. But if those people foreclose, it hurts the lender.. so why would lenders take advantage of people? I would claim that businesses did not really do that unlike what all your business hating people like John Edwards want you to think. Many Lenders were pressured to make loans to people, that in a free market with no government, would not have gotten due to those individual's financial situations, credit history, and social influences. Now politicians want to blame the lenders for the housing crisis?? Our tax system is set up to punish investment and risk taking, to punish businesses and prosperity, and you wonder why this slow down is happening?

I have some ideas,
1.) Get a Flat tax or Fair tax that taxes individuals equally on percentage wise with deductions for families that are poor, or have kids. This does not punishment people for moving up in the income brackets like the current system does.
2.) Don't tax Corporations and small businesses at the second Highest rate in the world which pushes business out of the country into tax friendly atmospheres.
3.) Don't tax investment with Capital Gains taxes. It is stupid and people are more afraid to invest with their money when you tax their profits.
4.) And finally, let the private market make their own decisions with loans and other issues in the economy. In other words do YOUR job and NOT everyone else.

And now Government wants to step in a fix a problem that they made worse to start with. That is typical, government always wants to throw my money and other tax payers money to fix problems that they created in the first place.. It hurts to know this.....

JESS