The stimulus plan being debated in Washington is really just a spending plan. It takes taxpayers’ money out of productive areas in the private sector and puts it into the make-work public sector. It didn’t work in the 1930’s and it won’t work now. The plan would fix prices, even though economics teaches us that socialist price controls never work. Let prices drop so that they reflect economic reality.

We want an economic stimulus, but from the private sector, not the government. The so-called stimulus plan merely takes from Peter to pay Paul. This is not a stimulus, but a misallocation of resources.

Bailouts will only hurt us in the long run. As Congressman Ron Paul says, we need to cut spending, cut taxes, end our meddling overseas, abolish the Federal Reserve and let prices drop so the market can correct itself. Otherwise we’ll see another 10-year depression like the 1930’s and possibly the crash of the dollar. Haven’t we learned from history? Roosevelt was no hero, and neither is Obama.

Jeff E. Jared, Kirkland