It’s about time government let the market do its thing and leave us alone. Every time government gets involved it succeeds only in saving powerful cronies from having to sell their second home in Aspen. What do we, the average America citizen who gets dinged for all this crap, get in return? Nada. Zilch. Nothing.

Oh, but we do get something. We get to pay more taxes and deal with more regulation! Then, we get all the wonderful unintended consequences that go along with it. Those consequences then create another “crisis” that must be once again fixed by government. And so it goes.

Perhaps our beloved representatives will finally learn that they can only take so much from the productive and pile up only so much debt, but I doubt it. As Mark Steyn puts it in the subtitle to his latest tome, After America: Get ready for Armageddon.

Mr. Obama’s analogies to the Great Depression are not only historically inaccurate, they’re also dangerous. Repeated warnings from the White House about a coming economic apocalypse aren’t likely to raise consumer and investor expectations for the future. In fact, they have contributed to the continuing decline in consumer confidence that is restraining a spending pickup. Beyond that, fearmongering can trigger a political stampede to embrace a “recovery” package that delivers a lot less than it promises. A more cool-headed assessment of the economy’s woes might produce better policies.

Obama’s policies seem more like Hoover than FDR. When the stock market crashed in 1929 Hoover took an uncommon approach to a common problem. The economy normally contracts around every ten years. Unfortunately Hoover decided government intervention was necessary. Hoover’s policies of higher tariffs, taxes, and interests rates ended up turning a recession into an depression. When FDR became president he basically adopted many of the same politics. Is it any wonder why the depression lasted until the war?

The only thing we have to fear is the government itself. The nation has been on the road to bankruptcy ever since FDR. LBJ’s Great Society pushed us faster towards the brink and no politician has been able to change the course. Now the nation is facing a recession and the current leadership is using it as an excuse to pass the single most expensive project in the history of the nation. The stimulus package costs more (adjusted for inflation), than the Marshall Plan, the Louisiana Purchase, the race to the moon, the Korean War, the New Deal, and the invasion of Iraq. If you throw in the cost of TARP (and the glorious sequel coming soon) the US government will authorize more spending than all of those events combined plus World War II, and the Vietnam War. In other words this is the largest increase in government spending in the history of the Republic. Keep in mind unemployment is still in single digits. What is the justification for this drastic action?