Sunday, October 16, 2005

Embracing the New Economy

Embrace the Information Age Economy
Today, more people are creating wealth for themselves through on-line investing accounts, internet trade, and human ingenuity that are the product of the information age economy. Americans no longer need a centralized bureaucracy in Washington to oversee economic growth. Democrats fail to either recognize this, or feel threatened that losing the power over federal appropriations will lead to loss of votes amongst chosen constituencies.
Democrats should not fight the emerging economy; rather they should embrace it by offering new proposals to spur investment in the private sector by small investors. It was small investors who fueled the economic boom of the 1990’s and by creating incentives for people willing to risk their own time and money to invest in a business, idea, or invention is a way for Democrats to regain the political footing established by President Clinton with Middle Class America.

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