P. Henry Saddleburr’s Obama yodeling video really got me thinking. Who would have thought that yodeling was so cognitively stimulating? Leave it to Saddleburr and those wild and crazy Swiss yodelers.
But maybe the Swiss aren’t really so crazy, after all. Switzerland is bordered by France, Italy and Germany and the Swiss speak those languages, including some who speak Romansh, from which we get the name Romance languages. Yet Switzerland is prosperous and the border countries are all struggling; Italy and France more so than Germany, but even Germany is slowing down economically. Continually bailing out Greece is certainly not helping.
Obviously the reason cannot be linguistic, ethnic, cultural or geographic, so it must be something else. And you don’t have to look hard to figure it out.
The Swiss economy is growing and the Swiss franc actually is a currency that not only has value, but is getting more valuable. That’s a pretty good place to be, isn’t it? A country with a valuable currency and a growing economy! Not many of those around these days. Guess what, if you don’t debase your currency your economy can grow.
For one thing, the Swiss were smart enough to not use the Euro, instead retaining their franc along with their tradition of maintaining a valuable currency and therefore, low inflation. In fact, Switzerland has recently had negative inflation. In other words, their money is actually buying more as time goes by. Don’t you wish your money was getting more valuable? Me, too.
The Swiss are careful about who gets to live in Switzerland. No open borders policies for them. No mass in-migration of people who then go on welfare, drain the public treasury and then complain about how they are being treated.
They also keep their fiscal house in order with a balanced budget and reasonable taxes. What a concept!
I sure wish our Noble Prize winning President and our Turbo Tax illiterate Treasury Secretary would give that a try. I bet Switzerland hasn’t gone three years without a federal budget.
There is a clear lesson here. What you end up with depends upon what you do. The Swiss are doing it right, and the United States and most of Europe are doing it wrong. It is that simple.
Rather than hastily invite socialist French President-elect Hollande to the White House for a class warfare tete-a-tete, President Obama and the country would be better off if he took a hike…..in the Swiss Alps.