To get out of this economic sickness we can take certain medicines that will probably get us back on our feet.  Or we can take certain drugs that probably will not.  Medicines that will not make us better quickly.  Chances are we will take the latter.

There are medicines that revive economies.  We know they do.  We have seen them work here and in dozens of countries.  They are called tax cuts.  Tax cuts for entrepreneurs and smaller businesses. And relief from regulations.

There are other medicines that may stabilize economies.  But try as they may, they do not do a good job at getting the patient out of bed and back to work. These are higher taxes and heavy regulation.

Obviously our economy is sick.  Various folks blame unregulated capitalism for this.  They call for more regulations on that capitalism.  They are in no mood to cut regulations.  They are in no mood to cut taxes to reward capitalists.

Understandable.  We DO need more regulation.  Our financial universe has grown so quickly.  Regulations have not kept up with the new players and their tools.  But while we need more regulation there, we could do with a lot less regulation elsewhere.  We are not going to get less.  Not when the country is in the mood it is in.  And so that is one medicine we will be denied.