It Is The American People, Not The Government, Who Can Save This Economy

At his prime-time televised press conference Monday night, Obama boldly stated the power of the U.S. government to fix a problem no one else can:

At this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back to life," he said.

With all due respect, Mr. President, you are WRONG!

The American people can save the economy if you allow them. Cut their taxes, allow business to operate unburdened by unnecessary regulation, then stand back and watch the true magic of the country. The American people with their strength and resolve, their intelligence and ingenuity, will use the intrinsic merit-based rewards of the capitalist system to thrive as usual.

Compare Obama's complete lack of faith in the American people with what Reagan said in similar -- or worse -- times:

In this present crisis, government is not the solution to our problem; government is the problem.

Reagan was a true leader; Obama, as he showed us all last night, is not.