Every time I see suggestions from friends — even bright people who I like — proposing simplistic and ridiculous “solutions” to the current economic crisis, I’m appalled at the level of economic ignorance out there.
We can fix the economy, they say. Just don’t make anybody pay rent for awhile. Banks can let people not pay their loans back for awhile, either. Just put everything on hold. And utilities can keep providing power and Internet service and water and everything else — for free.
See? Just wave a magic wand and decree this. It’s free.
From what I read from such people, it’s clear that they have no understanding of why their proposed magic isn’t possible. And I’ve seen another correlation. People who have to earn enough money to keep their small businesses open are panicking right now, because they know there is no magical Santa Claus who’s going to save them.
But people who’ve never run a business and don’t understand anything beyond getting a paycheck for a job seem to think someone can just wave a magic wand and the economic world can just be on hold for a few months — while they continue to consume resources without paying for them.

Love & Hope — Episode 11:
Finding your own authentic voice is riskier than copying everybody else
Can’t we all get along? Why is the liberty movement so fragmented?
Does mainstream schooling model bring out the worst in teen-agers?
Goodbye, Mother
Politicians trying to stamp out innovation to help monopolies
Why Santorum is wrong: When God sees sinful world, that includes U.S.
What are you likely to regret when it’s too late to change?
Faith is our only assurance that rebirth will come again in spring