The money sluices are about to open wide on Capitol Hill. With a new Congress convened and a new president about to take office, we are likely to see record-shattering government expenditures. All inhibitions about deficit spending, as weak as they have been in recent years, are now dissolved. The motto among those in control is: Spend now! Why? To “stimulate the economy.” Well, that’s a lousy reason. The economy doesn’t need stimulation. It needs freedom. More precisely, we need freedom — to pursue our ends through production and trade unmolested by know-nothing politicians in Washington and the 50 state capitals.The rest of this week's op-ed, "Government Can't Stimulate the Economy," is at The Future of Freedom website.
Proudly delegitimizing the state since 2005
"Aye, free! Free as a tethered ass!" —W.S. Gilbert
"All the affairs of men should be managed by individuals or voluntary associations, and . . . the State should be abolished." —Benjamin Tucker
"You must first enable the government to control the governed; and in the next place oblige it to control itself." —James Madison
"Fat chance." —Sheldon Richman
The economy doesn’t need stimulation. It needs freedom. More precisely, we need freedom — to pursue our ends through production and trade unmolested by know-nothing politicians in Washington and the 50 state capitals.
ReplyDeletePrecisely. Unfortunately, however, freedom for us unwashed masses means loss of power for the kleptoplutocracy that rules over us.
I've said it many times before, and I'll say it again: we mere serfs are allowed any measure of economic "freedom" only insofar as the residual effect of said freedom is to enrich said ruling kleptoplutocracy. For all practical purposes, we exist solely to sustain the imperial ruling class. A free and productive economy for its own sake, for our own individual benefit, cannot be permitted. To allow such freedom would result in a huge segment of the population consisting of the ruling class of parasite-thieves or those who enable them being without either power or a means to sustain themselves. For this reason we will continue to see more draconian restrictions on economic activity by ordinary citizens, for the benefit of the ruling class but at the expense of the overall economy's viability.
Look for full-scale socioeconomic implosion to commence at some point in this calendar year, with attendant nihilistic civil violence ensuing as a result. I hope I'm wrong, but preliminary signs are not encouraging.