Is the government on crack?
When someone does something so completely and obviously at odds with what he should have done, it’s common to ask him if he is consuming a potent brain-destroying chemical, i.e., “Dude, are you on crack?”
So it’s only fair to ask the same question of Barack Obama and most of the members of Congress since they have been working incredibly hard to make our current economic situation even worse than it already is. In particular, this drive to “stimulate” the economy through public spending and the encouragement of private spending. Even the Republicans (who strangely label themselves the party of freedom and free markets) are, with a few exceptions, actually one-upping the Democrats by criticizing many of the public spending projects for not being “shovel-ready” (that is, not getting money spent fast enough)!
We could be forgiven for thinking that we had suddenly materialized in an episode of The Twilight Zone. We’re in the midst of an economic downturn resulting from the government’s monopoly over money and its manipulation of the supply of money and credit that caused (as it always does) a massive misallocation of resources (which the markets are now attempting to reallocate properly), and our keepers in Washington are doing their very best to put the brakes on the needed correction and prop up an artificial system that is not only unsustainable without violence (government action) but destroys vast amounts of wealth in the process.
I could understand if Obama and Congress came forward and said, “Look, we really don’t think you, our hapless subjects, should be allowed to engage freely with one another in mutually beneficial production and exchange and enjoy the resulting increase in your standard of living, and we’d really like to see you all dramatically impoverished in order to financially benefit us and our politically connected friends.” I mean, then it would all make sense.
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