Baden Hill Blues

Be running up that road
Be running up that hill
With no problems
--Kate Bush

Very nice missive by Lew Rockwell that articulates our current situation in a non-partisan manner. The problem of course, is not with the Left or the Right, but with the wrongheaded idea that government can control economic activities better than multitudes of individual buyers and sellers who are motivated by reward and risk.

Note also Mr Rockwell's focus on the potential for runaway inflation should all the potential monetary energy layered into the system by policymakers ever turn kinetic. That's my growing concern as well.

Unfortunately, I'm less sanguine about the potential of the current administration to 'turn on a dime' and pursue the correct course of action. It seems more likely that as long as we permit the scope of government to include the confiscation and redistribution of wealth, then bureaucrats will chart a path toward squalor.