So: Let’s drop the shit-hammer, shall we?
Greece is broke. So is England, and so is most of the rest of Europe.
California is broke, Illinois is broke, and, if you count unfunded pension liabilities, not only are all the rest of the states, counties and cities broke, so are all of the surlier labor unions.
Social Security is broke, as is the metamorphosing medical scam to be known, soon enough, as no-healthcare-for-you!
The United States government is broke, of course, limping along, for now, on funds borrowed against the promise of future confiscatory currency inflation, future crippling taxation — or both.
Socialism is a Ponzi scheme, and, before you know it, you run out of suckers to milk. Sooner or later, welfare-state socialism has to collapse. As I’ve argued, I don’t think that time is now. Despite our talent, as a species, for forecasting apocalyptic, pandemic doom, in reality the sky hardly ever falls more than once or twice a day.
Moreover, even though we are enmired in a deep recession — and even though our puerile president is making that recession much worse with every boneheaded error at his command — even so, it is very likely that we are out-producing welfare-state socialism in the long run. That might stick in your craw, but it remains that — even despite the drag on the economy caused by taxes, regulation, deficit spending and waste — the trajectory of the standard of living of every American — and virtually everyone on earth — is steadily upward.
But, but, but! Government is impoverishing us! I saw it on the big-screen HD-TV in the bedroom, and also on the even-bigger-screen HD-TV in the living room, and, just to be sure, I followed-up on the high-speed internet connection on my 27″ quad-core iMac! Don’t try to tell me the world’s not going to hell in a hand-basket! I’ve got the best hardware and software in the world to tell me how terrible my life is!
That much is funny to me, but, even so, these circumstances can’t last forever. At some point the parasites will overwhelm the host, and, when that happens, Read more