23 March 2009
Micromanagement by the Pundits
The Founding Fathers had it right. Our democracy elects a President to a four year term in the faith that the people should select its leaders and then give those leaders enough time to use their judgment and to pursue their policies. The people have the wisdom to select the leaders who will make good judgments and effectively pursue those policies. The people, with passions flamed by demogogues (such as, on occasion, Ariana Huffington, Frank Rich, even David Axelrod) are not qualified to resolve a serious problem like the current financial crisis.
President Obama has made the judgment that Tim Geithner et al. are able and committed to seeing the crisis through to resolution. If they do, Obama will reap the benefit with reelection in four years. He surely knows the risk he has taken; but that's what he was elected to do. The people should be counselled by commentators and news analysts to resist the temptation to micromanage the government and the national economy. We will have the opportunity in four years to vote Obama's team out of office. Until then, it's more important for the people to act with confidence in the future if we are to bring our living standards back up to where they should be.
The Founding Fathers had it right. Our democracy elects a President to a four year term in the faith that the people should select its leaders and then give those leaders enough time to use their judgment and to pursue their policies. The people have the wisdom to select the leaders who will make good judgments and effectively pursue those policies. The people, with passions flamed by demogogues (such as, on occasion, Ariana Huffington, Frank Rich, even David Axelrod) are not qualified to resolve a serious problem like the current financial crisis.
President Obama has made the judgment that Tim Geithner et al. are able and committed to seeing the crisis through to resolution. If they do, Obama will reap the benefit with reelection in four years. He surely knows the risk he has taken; but that's what he was elected to do. The people should be counselled by commentators and news analysts to resist the temptation to micromanage the government and the national economy. We will have the opportunity in four years to vote Obama's team out of office. Until then, it's more important for the people to act with confidence in the future if we are to bring our living standards back up to where they should be.
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