There is no doubt our economy faces a crisis. To resolve it, we need a solution that addresses the core reasons for the crisis. As I have said repeatedly, while I do not like government intervention, if we are to intervene, we must do so correctly.
Shoring up our financial institutions must focus on restoring vitality to Main Street, not bailing out Wall Street. Stimulus bills must create jobs, not a larger federal bureaucracy. We must fix the underlying problems while allowing the private sector the freedom to succeed.
There is a role for government, but government is not the solution. The government should only be involved to the extent that it encourages and supports American ingenuity, perseverance, and hard work.