Tuesday, October 18, 2011

Bound and Gagged

You're so condescending
Your gall is never ending
We don't want nothing
Not a thing from you
--Twisted Sister

The judge rightly observes that government is not a creator of wealth. Government is a consumer of wealth. When wealth is confiscated by government, capital is consumed rather than invested. Capital consumption means less to invest in productivity improving technology. Standard of living goes down over time.

Perhaps the dots are so obvious that people cannot connect them. Government has been spending more and more. We've been borrowing more and more. Savings have been going down and down.

People are concerned that their standards of living are falling.

And to improve the situation, this administration wants to...spend and borrow more.

Hard to even label it twisted logic. The logic in this case seems bound and gagged.

Imagine being a kid trying to reason it out.

1 comment:

dgeorge12358 said...

When the government adopts a policy which prescribes the sharing of earnings, the man who objects to this can be treated in precisely the same manner as a bank robber could be treated and for the same reason. The government cannot brook a deviationist.
~Robert LeFevre