There are a lot of pros to the concept of mercantilism or running a country like a company. Inflows being imports ought to be the same or smaller than exports. A fiscally prudent country can be run a lot like a large multinational company. I suspect that a lot of economic policy is made without the understanding of how other countries actions may effect the local initiatives, like for example cheap credit for consumers. People don't need to replace their TV's every 4 years.
I see absolutely no reason for cheap credit for consumers, all it does is get the people with the least self control into trouble and take money away from productive enterprise.
Im also appalled that governments have lost sight of cheap energy as a source for economic growth. When a machine can replace human labour at a higher productivity, everyone benefits.
Do you know what its like to live on the far side of Uranus?
