With Apologies To Arthur C. Clarke

“Any sufficiently advanced incompetence is indistinguishable from malice.”

It’s understandable then that the dialogue on Washington’s performance has shifted away from people’s approval or disapproval, to whether politicians are destroying our economy out of ignorance, or malevolence. A recent Gallup poll shows that Americans see government and politicians as the biggest threat to America.

The Obama administration’s policies have been demonstrably anti business, and anti growth. These economic policies are driving us into a double dip recession, and because government economists are still clinging to false premises, they're clamoring for an infusion of cash into the system in the form of more stimulus spending. They argue that the money supply is shrinking, and if capital doesn't start moving, a double dip could easily touch off deflationary depression. There simply wouldn't be enough currency is circulation to meet current demands. You might still have a job to go to, and you'd find the dollar worth quite a bit more, but good luck trying to cash your paycheck.

I can't argue with their prediction, what I take exception to is their solution.

TARP, Obamacare, Dodd-Frank and the threat of Cap and Tax. The private sector is bracing for the fallout of what is arguably the largest increase in regulatory governance in United States history. As a result, financial institutions simply can’t afford to part with their capital until the regulatory landscape stabilizes. But they do have capital, America's top financial institutions are sitting on $1.8 Trillion dollars in cash reserves. We just need to make them feel safe in lending with it.

I contend that the Obama administration is foolishly persuing a drilling moratorium, when what we need is a moratorium on new government regulation. Hundred of economists, four of them Nobel prize winners, agree with me. They've banded together to speak out against the Keynes inspired stimulus spending programs.

To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.

Simple, yes. But it also works time and again. If we continue to follow the path we're on, we will find ourselves in a lost decade, a period of recession followed by several years of very slow growth. The result being that it takes years, even a decade, to grow the economy back to where it started.

Forward the petition to everyone you know, so that people will know there's an alternative to the anti prosperity Obama agenda, and vote accordingly.