As someone who is rather less eager to consume than previously, I feel harassed by the government, mainstream economists, and news media. You may feel the same way. Apparently, we aren’t consuming enough to suit them. At least that’s what they want us to think. More than that, they want us to feel guilty and do something about it–such as going into debt. Hence the Fed and Treasury’s program to make it easier for us to borrow.The rest of the latest TGIF, "Free to Consume, Or Not," is at the Foundation for Economic Education 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
Ironic. It seems like only yesterday we were being berated for our low rate of savings...
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