Let me expand on that a bit, not so much for you, but for others who won’t get this on their own.
“Moderation in all things!” It’s a statement I’ve tried to keep in mind during my life. I can’t think of a single thing that can’t be overdone.
Capitalism is the best system going. I am firmly convinced of that. That doesn’t mean that there can’t be bad outcomes if we don’t use common sense as it applies to Capitalism.
If for instance, if we provide the economic stimulus to spark the rebirth of a tyranical government, making it not just an internal or regional problem, but a global pariah, is that still beneficial?
Of course it isn’t. And that’s just what we have done, and are continuing to do. And it’s not being done by people who give one hoot about the U.S., and it’s longevity. For them it’s all about the $$$$$. To hell with the petty concerns for global stability, U.S. Sovereignty, or even U.S. survivability. And as for the troops who will die defending this nation against China and it’s proxies, “Well screw them. They are of no concern!”
One has only to look at 1930s Germany to see how fallacious the Free Trade argument was. If Free Trade was the end-all to global wars, WWII would never have taken place.
And of course, WWIII wouldn’t have either, but it will. We have assured that outcome.
America was found on free markets and liberty, not capitalism and freedom. Free markets is capitalism bound by discipline and morality; liberty is freedom bound by discipline and morality. Today the US practices neither free markets and liberty, that is why we have so much social problems and economic disruptions. Hopefully after this financial meltdown we will learn.