Today’s Thought on Capitalism and Freedom

I haven’t posted one of these is some time, mainly because I’ve grown even more discouraged by Congress and this administration over the last few months.  I’ve grown tired of hearing how unemployment is down (when they are not actually counting those truly unemployed) and how these new financial regulations are going to save us all.  I read this in the Wall Street Journal this morning and hope more people like George Sherrill continue to speak out.

“The free enterprise system, hard-wired into this country’s DNA, has created more wealth and lifted more people out of poverty than any other system ever devised by human beings.  for the entire history of our nation, people from all over the world have come here for the opportunity to succeed on their own merits.

It would be a profound mistake to grow government’s size in a way that would fundamentally shift its level of involvement in our overall economy.  Other countries have tried this strategy in various ways, especially over the last century.  The results have often been negative, and at times disastrous.  None has come close to the levels of growth and individual prosperity driven by the American free enterprise system.”

– George Sherrill, Chairman and CEO of Tenneco Inc.


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