Tuesday, June 8, 2010

THE 3 C'S OF AMERICAN ECONOMIC RESURGENCE

"The history of free men is never written by chance, but by choice - their choice."   --Dwight D. Eisenhower

"Forget about the consequences of failure. Failure is only a temporary change in direction to set you straight for your next success."   -- Denis Waitley


I had the pleasure to engage in a discussion centered around faith, family and leadership with one Mr. Hughes recently. Mr. Hughes was recounting various significant events in his life, which had led him courageously to escape the restraints of segregation and to proudly serve our nation militarily before becoming a public school educator/administrator. He imparted to me the importance to every leader of embracing "the three C's: Choices, Challenges and Consequences."
 
Our Great Nation is currently gripped by the lingering effects of economic deterioration, which has led to an erosion of employment, family financial security, and confidence in government and corporate leadership.  Whether we like it or not, our Nation's economic viability relies upon the efficient interdependent workings of (1) a sound, ethical, well-financed free market economy; and (2) the local, state and national governments that regulate interstate commerce, fair competition, consumer protection and safety.
 
The free market economy depends upon the efficient flow of plentiful intellectual, human and financial capital. Excessive government regulation, taxation, and marketplace interference merely decrease the incentives for responsible entrepreneurs and corporate leaders to invest and develop (or possibly delay) new products and services.  Burdensome, unresponsive and unilateral governmental regulatory choices may create insurmountable challenges to businesses, whereupon the direct consequences may include middle- and working class job losses, and interstate/international facility relocations.
 
Clearly, government has a limited and necessary role to play in economic affairs as provided for my the Constitution's Articles. Interstate highways and waterways that facilitate the motorized conveyance of goods must be built and maintained.  Border inspection of imported foreign produce, children's toys, and vehicles must be undertaken to protect American lives.  Illegal acts, excessive pollution, and unsafe workplaces must be addressed.  But, if America is to remain the dominant world economic power whose intellectual property, manufacturing productivity, and service excellence exceed all international competitors, then elected officials and agency appointees must choose to partner with business leaders to face those challenges together, lest we mortgage our future to those self-serving nations currently acquiring our Treasury Bills.
 
In the November elections, and in the various state and federal primaries leading up to those November elections, We The People are going to register our votes in a referendum upon the imbalance between lobbyist-loving incumbents and the resurgence of freedom-loving, free market leaders who challenge those entrenched politicians. Neither Party's cronies will be spared as Independent voters makes choices grounded in fact, not swayed by mere opinion or slick 30-second advertisements. Independent voters will be focused upon unfulfilled candidate promises, upon the return of economic prosperity for the American family, upon the values underscored by faith in God. And the consequences for those foolish, fattened incumbents who choose poorly will be a one-way ticket back to the hometown...
 
TODAY'S QUESTION: What definitive economic plan have you --whether incumbent or challenger--developed and published to restore the appropriate balance between free market job creation and government regulation and taxation? [Remember: If you fail to plan, then you plan to fail.]