December 31, 2006

Resolutions

Why write your own? We have an Internet and there will be some out there that are better. Me, I'll take Greg Mankiw's even though they're last year's.

#7: This year I will be modest about what government can do. I know that economic prosperity comes not from government programs but from entrepreneurial inspiration. Adam Smith was right when he said, "Little else is required to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice." As a government official, I am not going to promise more than I can deliver. I am going to focus my attention on these three goals -- peace, easy taxes, and a tolerable administration of justice -- and I am going to trust the creativity of the American people to do the rest.

They're all good; he even comes down on my side of the penny controversy. "When people start leaving a monetary unit at the cash register for the next customer, the unit is too small to be useful."

Maligayang at manigong bagong taon, y'all.

Posted by jk at December 31, 2006 2:30 PM