While the U.S. Government props up half the planet, America declines...
Winston Churchill said; “If you have ten thousand regulations you destroy all respect for the law.”
Same will happen here eventually.
In fact, most everything wrong in America today, is directly caused by government and those in it.
Where is the peace dividend that was supposed to come after the end of the Cold War? Where are the fruits of the amazing gains in efficiency that technology has afforded?
It has been eaten by the bureaucracy that manages our every move on this earth. The voracious and insatiable monster here is called the Federal Code that calls on thousands of agencies to exercise the police power to prevent us from living free lives.
It is as Bastiat said: the real cost of the state is the prosperity we do not see, the jobs that don’t exist, the technologies to which we do not have access, the businesses that do not come into existence, and the bright future that is stolen from us.
The state has looted us just as surely as a robber who enters our home at night and steals all that we love.
Bill Bonner
Bump
Can I question this a bit
2013-56=1957
In 1957 who had:
A color TV
A car with AC/Power windows/Power steering - At lest the 55 Chevy I had in High School in the 1970’s didn’t have those things
The Internet
A clothes dryer
A home computer
Microwave oven
Central HVAC in their home
Flown on an airliner
Traveled abroad for a vacation not because of a war
Survived heart surgery
Had cataracts removed
Lasik to improve eyesight
Do I need to go on?
How can you measure the standard of living today against then and not look at the materials advantages of living today versus then. Granted this does not take into account the moral and family issues but neither does the article.
Just eyeballing how people live today versus how they lived then, it appears that the standard of living has risen considerably in the time frame