Economic solution?

To the Editor:

For years now, throughout the U.S., “we the people” can’t make up our minds on what is causing our economic crisis. Business agreements used to be made by people’s trusted word. If you ask employers today, what truly is hurting their own growth? Their answer is “our own governments’ failure to understand the free market system.”

Companies grow when they are free. Over-regulation of business practices, under state and federal laws, can stunt or kill corporations. Especially if they decide to strictly enforce these laws. Since our government does not manufacture anything, it relies on the private sector. Aware or not, they are dependent on each other, forming a symbiotic circle. When the federal government is able to regulate what laws to enforce upon whoever they wish, it’s them who become fault bearers.

Focusing on broken foreign trade agreements, such as stealing ownership in copyrights, trade secrets and patent infringements, we could enforce honest trading responsibly overseas. Enforcement of stricter, in-house policy regulation of imports and export trade might be our solution.

“If my people, who are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven and will forgive their sin, and will heal their land.” (2 Chronicles 7 verse 14).

Scott Taillet

Lake in the Hills

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