The stimulus bill that was rammed through Congress in February was counterproductive. It was such a bad bill that a new word was coined "porkulus." Since it passed, both unemployment and the federal deficit have continued to rise. No new jobs, just huge new debt.

Record-setting deficits will continue to grow as the billions in "porkulus" spending continues to unfold. Our kids and grandkids will pay the price.

There will continue to be job disruptions. But people will learn new skills required by the new economy, and I believe we will come through the shakeout in good shape. We have made these transitions in the past and we will do so again. What we can't survive is the unprecedented effort to put Congress and the federal government in total control of our free market system.