Comments on: ‘More Government Equals Fewer Jobs’

By: james huggins

james huggins — Tue, 09 Feb 2010 23:02:07 +0000

More government equals fewer of everything except taxes and your own personal freedom.

By: John Danforth

John Danforth — Tue, 09 Feb 2010 14:25:57 +0000

Myron;
The day when counterfeiting is used to repay debt is the day the government says, “Welcome to the NEXT LEVEL”.

It looks like that day draws unavoidably nearer. We’d better be prepared.

By: Myron Pauli

Myron Pauli — Tue, 09 Feb 2010 02:30:14 +0000

Even if government were as efficient as a true free market (not the current corporatist state in the form of GM, Fannie Mae, Goldman Sachs, ADM, SAIC, and other “private” companies that are just public parasites on the stock exchange), it would still be insidious because it would sap away human freedom. Government uniformity stifles innovation (see “public” education) even when it is not corrupt. A governmental entity like Amtrak is subject to top-down political pressure from pressure groups, Congress, etc. Alternatively, free market entities are subject to economic pressure where every consumer with one buck has one vote. The governmental enterprise can seize assets and power to “correct” any flaws – e.g. create more flaws. The market enterprise must adapt to changing conditions, technology, and desires or go out of business.

The classical liberal philosophers believed in a government whose purpose was to SECURE OUR RIGHTS – to life, liberty, and property – and leave us alone for everything else. The government whose function was to protect us from overseas/internal aggression and resolve legal disputes could be funded by a small revenue tariff. The Leviathan Welfare-Warfare state depends on a combination of regulatory taxation, money counterfeiting, and BORROWING.

By: Gringo Malo

Gringo Malo — Mon, 08 Feb 2010 17:23:12 +0000

"In the end, we will become a nation of government employees, with plenty of work but little to show for it." It seems that economists are forbidden to mention the most likely outcome. As our productivity approaches zero and our money supply approaches infinity, we can expect our fiat currency to crash, more or less as Argentina's did. Of course, the crash will be much worse here. I hope to be safely ensconced in the country when all of this hits the fan, and I'll really feel sorry for those of you stuck in any large American city. I mean, not sorry enough to offer you any help, or anything, but more or less the way liberals feel about Haitian refugees.