Swickard Commentary - The answer is government. What is the question?

by Michael Swickard, Ph.D. -

“Every government is a parliament of whores. The trouble is, in a democracy, the whores are us.” – P.J. O’Rourke

The mantra for the last half of the 20th century: The answer is government. Few of us were alive back when that was not so. Our government attempts to be all things to all people in all ways and at all times. This is what many people want to hear: The answer is government. The notion is that our government knows what it is doing economically when it borrows money from China so it can send some of the borrowed money back to China as foreign aid. Does it make any sense that about half of everything being spent by the national government is borrowed with no plan to pay any of it back? Who has no plan whatsoever to ever pay back the borrowed money? The answer is government. Read more

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1 comments:

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