I don't know about you, but I saw a sign for 1.87 a gallon for gas and about wet myself. For the first time in what seems like at least three years I spent less than 20 bucks to fill up my tank. I see that as a great thing for the economy, and the government didn't have to do a thing to regulate it that way.
I am not ignorantly stating that the government had nothing to do with it, but it wasn't mandated or regulated that way. For me, I believe that this is one of those things that happens in a somewhat free market. To paraphrase the 80's sitcom theme song, "You take the good, you take the bad, you take em' both and there you have the facts of life." These feelings are especially relevant considering all the money that the government doesn't have flowing into the hands of corporations that haven't exactly earned it. If the American people have to live tighter and operate leaner in a changing economy, then so should the lending industry, the auto industry, and any other industry that is getting inline for a hand out. And for those of you in Phoenix AZ, that means your city too.
It is my opinion that when Lehi taught his sons that there must be opposition in all things, both good times and bad times, he emphasized that this was the plan of our Heavenly Father to experience those things. Without the bad we would not know or appreciate the good and vice versa. There are challenges in prosperity, and there are challenges in adversity. There are benefits to both as well. This is a time of economic opportunity, just not the same opportunities that were there two years ago. The efforts and pressure people are feeling to bailout everyone having a hard time seems a little like taking God and his plan out of the equation. It is almost like people are asking for repentance in a financial sense, but are not willing to go through the Godly sorrow, or in some cases, the "period of excommunication" as part of that process. We shouldn't be seeking to abolish justice or the people will cease to feel penalties for their actions.
Our economy is just as much a problem of bad lending as it was a problem of bad buying. So to make the tax payers pay a penalty while the lending industry receives none is following the path of a lower god. Apparently this generation needs our own great depression. In another 80 years there will probably be a need for another because as a society we tend to forget the lessons of those times. There was prosperity that preceded the great depression and there was prosperity that preceded our time now. It was prosperity that took out the Nephite civilization. Why do we feel the laws of God don't apply to us? Can we think that this time is anything less than the humbling we deserve as a people?
The way for this economy to be fixed is not by creating more problems or reliance on the government of the future. It is by letting the businesses figure out a creative solution to their OWN problems in order to survive. If there is no risk for business then there is no reason to do what is best for the consumer. What is best for the consumer is best for a government of the people and for the people. One day I hope Washington will see that and act accordingly.