Posted on 01/04/2010 7:14:55 AM PST by FMoran
Government economic stimulus is much like the popular health tonics of the turn of the 20th century. Promising wonderful benefits, these concoctions were often of dubious, if any, results and frequently contained substances now known to be toxic or addictive. We now sit in a similar situation: America has been swigging a government-created tonic promising job growth and economic recovery since the 1930s, and we now find ourselves staggering about, our coffers dangerously low, and our addiction clouding our judgment regarding other options. We need to recognize that centrally-planned and funded economic goals are inefficient, inadequate, and more of a threat to our nation’s wellbeing than a boon. Let’s put down the bottle and go into recovery – recovery from misguided policy. Only then will our economy have hope of sustainable, long-term growth.
(Excerpt) Read more at thepoliticizer.com ...
I still remember when Obama announced Chu as Energy Sec. He said that wind and solar were going to create “millions of jobs”. No one in the media called him on it. Millions? Really?
Our children have been snatched from us and indoctrinated for decades. We are a nation of individuals who have been numbered and polled and censored into irrelevance.
The train of tyranny is unstoppable.
Long term financial success for the USA is an inverse correlation with the size of Federal government.
Same minds that created the problem....are not capable of finding and implementing the solution.
That is for the American people to do. When the Feds get out of the way...or more ominously...need to be moved out of the way.
Please.
We have a Praetorian Guard public workers army.
We have city full, state full of welfare, SS, Medicare/Medicaid welfare mobs.
Half the farm economy is directly on the public teat.
We have a financial and academic elite subsisting on either government money, or assumption of risk and failure from them to the citizens at large.
We have a venal, stupid, ornamental and degenerative political class.
We have a dis or non educated working, middle class and small business that can be wiped out in months.
We have a military of amoral, beurocratic, political dependent managers, disconnected from local, state or national community.
We have the Federal Reserve which are high priests that get it wrong, consistently, and blame everyone else as sinners.
Yeah, other than a election hissy fit, or two, these trends are going to change how?
When you start making these crooks and liars accountable; you will see results.
http://www.ft.com/cms/s/2/778193e4-44d8-11de-82d6-00144feabdc0.html
Unfortunately, I deleted a fantastic email summarizing the fall of Argentina’s economy from 1902 - which, at the time was equal to that of the US. Argentina’s governmental dictators implemented a socialist tax & spend economy which destroyed it.
The parallels/comparison to the current US governmental programs are astonishing...and depressing.
From the article:
A short century ago the US and Argentina were rivals. Both were riding the first wave of globalisation at the turn of the 20th century. Both were young, dynamic nations with fertile farmlands and confident exporters. Both brought the beef of the New World to the tables of their European colonial forebears. Before the Great Depression of the 1930s, Argentina was among the 10 richest economies in the world. The millions of emigrant Italians and Irish fleeing poverty at the end of the 19th century were torn between the two: Buenos Aires or New York? The pampas or the prairie?
A hundred years later there was no choice at all. One had gone on to be among the most successful economies ever. The other was a broken husk.
When I call 911, a police car pulls up in front of my house with the town’s name on the side. Right behind it are a town fire truck and a town ambulance.
I can live with town government. They bear watching but overall they’re pretty good at filling the potholes and keeping the streetlights on, though I’m not big on public education. Town services are worth what I pay in property taxes and excise taxes.
Bigger items, such as highways and public health and higher education, are handled at the state level, plus there’s a National Guard if things get really dicey. (I’d prefer a citizens’ militia but we can argue that some other day.) State government bears a LOT of scrutiny, but overall I’m OK with paying sales taxes and (dammit) a state income tax. (Massachusetts, don’t ya know.)
At the federal level ... umm ... the national level ... let’s see ... Defense! Yeah! NATIONAL DEFENSE!! I can support that!
Now, what else do I need the federal government to do for me? Give me a minute ... I’ll think of something. Umm ... national uhh ... parks? No, let the state run those. National ... uhhh ... national ...
Nope. I’ve got no friggin’ use for the national government except to deliver the mail (which they screw up) and keep our borders secure (which they also screw up). And for this they take mind-boggling amounts of money away from me and my employer. For what?
Limited government? Yeah, I can support that! Big time!
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