If you’re looking for holiday cheer, you might not want to read Holman Jenkins’ article in the Wall Street Journal today, even though it’s right on target. Its title — “Get ready for a lost decade” — gives the theme, which is elaborated thusly:
Policy is always bad to a degree, but long periods of prosperity tend to be self-reinforcing since powerful interests are born with the means and motive to preserve the status quo. That status quo may really be a contributor to prosperity, such as regulatory restraint and moderate tax rates. That status quo may in some respects be ill-advised, such as excessive subsidy to housing debt.
But once prosperity blows up, the quasi-virtuous policy circle becomes an unvirtuous one as new interest groups come to the fore to exploit an appetite, previously weak, to impose their costly or vindictive wish lists. And even well-meaning policy gets twisted and rendered incoherent.
He then provides some apt examples of current policy incoherence. As Jenkins concludes: “Merry Christmas.”
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You make the American dream look like a hoax. The dream is to become rich in America, but NOT by immoral means. You have no RIGHT to become rich thru deceptive and criminal actions. It's obvious these days there are no HONEST BIG business, therefore regulations and policies must be in place to watch the 'stealing' hand. We're mad as hell, and we're NOT gonna take it anymore. Might as well forget your faustian dreams and get real. The laws of the jungle are history bud and we aim to keep it that way. Keep it up and somebody just might take you AND your handlers out!
I find it amusing that you believe the regulating politicians are any less amoral, criminal and deceptive than businessmen.
The left has “left behind” the gods of heaven and instead worship the God of Government. Somehow I don't think this is an improvement.
Both are criminal in their irresponsiblity.