.. no government has ever created a big economy, and no government ever will. Once an economy is big and growing, the government can seize profit from that economy, build bridges, create programs, and the like -- and then take credit for everything. But the money had to come from somewhere. Rational productive energy -- rational exuberance -- does not originate in a federal office.
The simplest way I know to put it is: You can’t take the capital out of capitalism, and still expect the benefits of capitalism. Yes, the socialists are still in charge in Washington D.C. But they’re being expected to deliver the benefits of a system they don’t understand, don’t like one bit, and would frankly like to eliminate. They want to spread wealth around, and hold a moral claim on everyone’s money, without being bothered to create all that
Domingo, Dezembro 12, 2010
Whats wrong with Keynes (4)
What's a Socialist to Do?: