Stimulus: A History of Folly

Commentary ^ | March 2009 | James K. Glassman

[1010RD]

I wish Glassman was my neighbor. We could sit on my deck, enjoy the coolness of the woods, sip lemonade and make the world right again.

At least we could talk about it. I wonder if he likes lemonade?

[GOPJ]

Thanks for the ping.

[El Gato]

yes, but the bunkers will have internet, shortwave and places to shoot out of

And they'll still get taken. Defense never wins, at most it can cause a draw. Even in WW-I, when techologically the defense (the machine gun) had the advantage over the offense (the charge), it could not win the war, but only make it very bloody for both sides.

Although in this scenario, if you neighbors also have bunkers with places to shoot out of, and they will do so in your support when you are attacked...then attrition of the offensive forces might force a favorable outcome.

[happygrl]

Economy is actually home management and most people do well for themselves. The problem is the government and its ridiculous interventions.

Absolutely. I have family memebers who are unemplyed or temporarily furlowed. I've told them, this too will pass, if we pull together, be frugal and don't panic.

I wish the government would be as patient and frugal.

[1010RD]

That is the irony, no? How can the government manage households?

Economic ignorance is the disease that is killing America. Blacks hurt the worst for all the regulations, licensing, minimum wage standards, etc. It keeps them out of work, poor and dependent. Yet they vote for more every time.

Whenever I write I try to make basic economics simple for the common man. If you’d like I’ll send you a recent article on who pays taxes.