It is more likely than not that the current economic crisis is far from over. Assuming that is so, the critical question is what, if anything, the government should do - other than stay out of the way.
However, before we demand spending, subsidies and lawmaking, we would do well to consider these thoughtful words spoken by President Theodore Roosevelt:
"The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life."
The essential characteristics of America are those of hard work, self reliance, and earned rewards. When we demand that government take actions that are properly our responsibility, we risk our liberty. Thomas Jefferson, most presciently, warned of the problem:
"The natural progress of things is for liberty to yield and for government to gain ground."
We should also keep in mind the ten most frightening words - according to President Ronald Reagan - in the English language:
"I'm from the government and I'm here to help you."
Enough said.
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