Monday, December 13, 2010

Time To Rethink Our Assumptions

SEE HERE Here's a piece worth dwelling on. The current deification of consumption is implicit Keynesianism and it deifies the poverty creating side of the equation. Production is what is wealth producing. Consumption, especially consumption unbalanced by real production is a quick path to the poor house. Think about it. Does running up your credit card beyond your ability to pay back so you can get all the fancy new doo-daas produce wealth or destroy it? I bet you can figure out the answer. This disease has gone on long enough and should be reversed along with a focus on virtue before the culture collapses in decadent defeat.

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