I heard Obama's speech just now. It reminded me a little story I tell here because it seems to me very accurate even if a small scale, very small indeed:
A small village in northern Italy was an important export market for the production of fruit and vegetables with a well-known. Flocked there valuable products.
But over the years, production was reduced significantly and exporters disappeared from the scene leaving trails of families in debt and misery.
For years the government, which owned the fruit and vegetable market, witnessed a decline in the sector and when the situation became tragic, even with the good intention of saving jobs and took matters in hand and with taxpayers' money began to organize the improvement of the situation: It was built a new market, called from an install on technical systems sophisticated evaluation of the quality and pricing and a new, modern marketing cycle began.
But as the government is made up of men but not men responsible for year after year operating losses accumulated without the decline of the sector being restored but rather, suffering increasingly from the finances of the entire community. Today, after years of slow bleeding, the activities market are reduced to one fifth or one sixth of what were the good old days and the town has found a job and wealth in many other areas.
Obama comes into play just at the stage of decline. As the council of that village so he thinks he can heal with his administration of the finances of his country and perhaps the world. His most significant sentence pronounced in the inauguration speech was "the market will also be nice but does not work except under strict control." Apply his recipes, which on paper they all look good, and after a maximum of 5 years all we will see, as in the case of fruit and vegetable market town, to their utter failure to back the reins to see who know how to drive an economic reality that works.
