The picture I cropped this out of popped into my email bin yesterday or the day before. I think it captures the mood of a lot of people who wonder just when the Feds are going to start doing something useful. So far it just looks like the Obama Administration's solution to everything is more government spending and more taxes and more regulation. These are all recipes for economic collapse either on the gradual slope or the fast track.
Another observation that was cycling around the internet was that the Obama administration had the fewest folks working for it that had never held real jobs and so had no idea whatsoever where wealth came from. Wealth is produced by productive labor not by government. Government only consumes wealth. Wise government can facilitate the work of others by helping to ensure a level playing field, but this often means less regulation and not more.
Wednesday, July 28, 2010
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