In a civilized society, should anyone or any government ever force anyone to do anything against his or her will as long as that person does not infringe upon the life, liberty, or property of another?
Showing posts with label central planning. Show all posts
Showing posts with label central planning. Show all posts

Sunday, November 16, 2008

More government help - please no!

Governments around the world are trying to figure out how to "save" their economies. They all vow to do something, and usually use the term "stimulus." So, they want to stimulate their economies. Unfortunately for them, that is impossible. Only entrepreneurs, who invest capital to start businesses and employ millions while providing the goods and services we want and need, can "stimulate" the economy. Since governments don't make bicycles, candles, pizza slices, pens, shirts, cars, and the billions of other items we desire, they cannot "stimulate" their economies. They can only get out of the way, and leave businesses alone.

The loons who created this mess (by allowing their central banks to inflate) are meeting to discuss the problem. The problem is, they are prescribing the same medicine - the wrong medicine. Get out of the way, stop taxing and regulating, eliminate your central bank, and stop printing fiat currency. Then, and only then, will economies flourish. They won't do this, of course, so we're in for a decades-long global recession. Mark my words.

Saturday, October 27, 2007

More government failure

Central Planning doesn't work. If it did, why isn't the Soviet Union still around? Centrally planned U.S. programs fail as well, and fail miserably. The government's levees weren't strong enough, so New Orleans got hammered by Katrina. Then, they botched the rescue and cleanup effort.

"FEMA turned away generators needed by hospitals, refused Amtrak's offer to evacuate victims, and didn't return calls from the American Bus Association. Sheriff Dennis Randle of Carroll County, Indiana, had a team ready to help, but was never able to navigate FEMA's approval process to enter New Orleans. FEMA failures caused millions of pounds of ice to be shipped mistakenly to Maine and Arizona, and firefighters and rescue squads to be sent to areas where they were of little help. A mobile communications unit with a chartered plane sat in Germany for nine days because FEMA didn't return its calls." Read the full article here.

More government, anyone? After all, it's only your money and your life.