At best, government can hurt the economy less. Government functionaries call this “helping” the economy. This is like the schoolyard bully twisting your arm somewhat less and then taking credit for making you feel better.
Posts from ‘August, 2008’
The World “as it should be”
I just listened to Michelle Obama addressing the Democratic nation Convention and she was so proud of the fact that she and her fellow Democrats have the vision to remake the world from the way it is now to the way “it should be.” When she said it, I was immediately struck by the fact […]
America’s Undoing
As it turns out, Communist dictatorships are better at divvying up loot than they are at generating wealth. I guess that’s true of socialists, generally. If they understood economics, they wouldn’t be socialists in the first place.