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Simple. Cut spending, cut taxes, let the market work.

It's not simple. Sometimes markets get it wrong. We had a tech bubble. That just screwed the stock market. The housing bubble is hamstringing this economy just like bad debt prolonged the Great Depression. We also have an education bubble with college students taking huge loans for useless majors as far as jobs go to pay off student loans. This economy is loaded with bad debt.

Cutting back regulation and cheap domestic energy would do wonders for this country and our standard of living.

Purposely developing our own energy sources would create a substantial number of jobs and get our own money circulating within the country all without enriching our enemies. Energy is the life blood of any modern economy. Making it plentiful and cheap would provide us with huge benefits across the board raising everyone’s standard of living.

I do believe that's what Palin is advocating.

You're right about the housing bubble and the college loan problem. But, with respect, I think you are wrong to deduce that "the market" was at fault.

The housing bubble was created by government policy: by holding interest rates too low, so allowing mortgage debt to inflate, and hence house prices. And, also, disastrously, by forcing banks to lend to people who had no hope of ever repaying the loan.

The college problem is a classic example of the Law of Unintended Consequences. The government subsidised loans to students, so the colleges immediately raised their fees to consume the subsidy, leaving the students worse off. Repeat a couple more times, and a college education becomes the high road to debt peonage.

There was no excuse for this: the facts were already in that the Medicare subsidy had caused health-care costs to increase by more than the subsidy, leaving seniors worse off than before. But liberals who want to waste taxpayers' money are immune to mere facts.