Un-Liberaled Woman

Sent to me via Armitas…

Best slap-you-back-into-reality quote:

“Every British child will be born owing 20,000 British pounds.”

And that’s just in the UK – gee, wonder what it’ll be like here in the U.S. - $50,000, $100,000 per newborn? 

As Parliament is saying, we in the US also cannot spend our way out of a recession. Just as if you were in massive credit card debt, it would be ill-advised for you to borrow nearly three times against your debt and head down to the local gambling boat to “invest” your way out of debt. The likelihood of your success is extremely low with the risk of massive failure at an extreme high. This is what we call in the real world – NOT. GOOD. PRACTICE.

Also, this post is coming at a time when I’m right in the middle of reading Henry Hazlitt’s Economics in One Lesson. Classic.

Common Sense Question of the Day

If you have $1 million and had to pick only one of two industries to choose from to invest in which of the following would you choose?

A) The Least Producing/Productive Sector
B) The Most Producing/Productive Sector

How many of you chose ‘A’ – anyone, anyone? Bueller?

Exactly. Which is why I find it amusing that people encourage the expansion of government. In the history of government, particularly the US, we have yet to find one public agency, association, division that is more advanced (better organization, better customer service, better benefits its employees, increasing purchasing power of its customers, grows in scope faster) than its private counterpart.  That’s not to say we should do away with government or I don’t support any programs. I just don’t support it on a socialistic scale, which is where this spending pattern is headed. Particularly when expanding government comes with destroying capitalistic industries.

I growing tired of the practice rounds with this presidency. The first 100 days of the presidency is not an exhibition period. He said he wanted to the job, he said “Ready From Day 1″ yet massive failures continue, people’s confidence is dramatically dwindling, and reluctant vocal supporters are defending their guy with a “At least he’s tryyyying.” Which BTW – where was the he’s trying sympathy their last six years with Bush on the war against terrorism – Hmmmm.

And a quick word to the Republicans in Congress – start standing up like Daniel Hannan. The people will support you. I did with Aaron Schock (R-Ill.). Speak up for us out there – that’s why you’re in the Beltway and I’m kickin’ it in a cube farm in Chicago.