How the production and exchange of goods is accomplished is a re-telling of the major difference in view between the Founder’s nation, and that of one under the thumb of Progressives, Democrats.
Second only to a gun to the head, a position the Left has never been loath to pursue, control of a nation’s economy is the best way to force a population to be compliant.
It’s all about dependency.
1.With the Enlightenment came the view that mankind can do anything, can know everything, and is without limits in relation to the universe.
It gave rise to the French Revolution, and the end of religion as no longer useful: man became God. And no matter where and how often the idea came to chaos and destruction…..it persists today as communism, Progressivism, socialism, and Liberalism.
That attitude metastasized in the following way…”After…the industrial mobilization that produced victory in World War II, …the academic discipline of economics acquired the confidence of a scientific profession.
…John Kennedy exemplified the serene postwar confidence in the management of the economy…a basic discussion of the sophisticated and technical questions involved in keeping a great economic machinery moving ahead….basically an administrative or executive problem.” George Will.
2. The powers failed to recognize that the expertise was far more than one of economics; it was political. Nixon went further in the error, also believing that economics was simply one of administration….he failed so miserably that he instituted wage and price controls, “the most aggressive peacetime expansion of government power over the economy in American history.”
By the late 70s, stagflation: no growth and a 13% inflation rate.
3. To understand what Reagan, and later, Trump did, requires an understanding of the conservative views of the Founders, and compare that to the ‘government-as-god’ doctrines of the Progressives, Liberals, Democrats, who incorporate the ideas of Rousseau, Hegel, and Marx.
Reagan was elected to try his conservative hand at fixing the problem, using market forces rather than government. His understanding of the problem can be seen in his quip…The most terrifying words in the English language are: I'm from the government and I'm here to help.
To be sure, a capitalist economy, a free market economy, is a government creation to the extent that government ensures transparency through reliable information, and the freeing of markets from government control.
4. But, never count the Progressives out of the equation, as they control the media and the schools, and sure enough, economists made their way back, while discounting and denying the unmitigated success of the Reagan ‘golden age.’
Until they tripped up again….2008.
Next.
Second only to a gun to the head, a position the Left has never been loath to pursue, control of a nation’s economy is the best way to force a population to be compliant.
It’s all about dependency.
1.With the Enlightenment came the view that mankind can do anything, can know everything, and is without limits in relation to the universe.
It gave rise to the French Revolution, and the end of religion as no longer useful: man became God. And no matter where and how often the idea came to chaos and destruction…..it persists today as communism, Progressivism, socialism, and Liberalism.
That attitude metastasized in the following way…”After…the industrial mobilization that produced victory in World War II, …the academic discipline of economics acquired the confidence of a scientific profession.
…John Kennedy exemplified the serene postwar confidence in the management of the economy…a basic discussion of the sophisticated and technical questions involved in keeping a great economic machinery moving ahead….basically an administrative or executive problem.” George Will.
2. The powers failed to recognize that the expertise was far more than one of economics; it was political. Nixon went further in the error, also believing that economics was simply one of administration….he failed so miserably that he instituted wage and price controls, “the most aggressive peacetime expansion of government power over the economy in American history.”
By the late 70s, stagflation: no growth and a 13% inflation rate.
3. To understand what Reagan, and later, Trump did, requires an understanding of the conservative views of the Founders, and compare that to the ‘government-as-god’ doctrines of the Progressives, Liberals, Democrats, who incorporate the ideas of Rousseau, Hegel, and Marx.
Reagan was elected to try his conservative hand at fixing the problem, using market forces rather than government. His understanding of the problem can be seen in his quip…The most terrifying words in the English language are: I'm from the government and I'm here to help.
To be sure, a capitalist economy, a free market economy, is a government creation to the extent that government ensures transparency through reliable information, and the freeing of markets from government control.
4. But, never count the Progressives out of the equation, as they control the media and the schools, and sure enough, economists made their way back, while discounting and denying the unmitigated success of the Reagan ‘golden age.’
Until they tripped up again….2008.
Next.
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