A recession is the financial equivalent of a harvest. It is the time when type A wealth collects the resources of the middle class.
In keeping with the farming analogy the players are:
1. Wealth who is the farmer.
2. The Middle Class who are the crop.
3. The Poor who are the soil.
4. Credit which is fertilizer.
For a great crop it is necessary to have good soil so it is imperative that the farmer nourishes the soil. All good conservatives should know that welfare is a premier requirement of the wealth building process.
The second requirement is good seeds so the education and conditioning of the middle class is also a premier requirement for a great harvest.
The third requirement is time to allow the middle classes to root and flourish and bear the fruit (wealth) to be harvested. A boom is the signal to the farmer of the onset of harvest or recession.
The fourth is credit which is essential for a bountiful crop.
As with farming this is a cycle from boom to bust, planting to harvest.
Recession as with harvest is the desired end result of the cycle, and is the only reason the farmer and type A wealth bother to nurture their crop be it corn or the middle classes.
Friday, May 1, 2009
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