What will it take to end this madness?

What name will future generations give to this unprecedented Age of Foolishness?

By Dinocrat

You can’t look at the chart above without thinking that America has lost its mind. The intergenerational theft from our children and grandchildren is evidence of insanity or idiocy. James Lewis in The American Thinkermakes some points that have appeared here as well:

As a nation we are under the thumb of idiots. Not just indoctrinated, or wrong-thinking, or power-hungry, or manipulative, or even malevolent people. No, I mean real lowbrows, people who constantly fall for really stupid ideas. Neanderthals. (Look at the Governor of California just running the state budget into the ground. See what I mean?…

The Federal EPA is about to officially declare carbon dioxide to be a pollutant. That’s not just false and unscientific; it’s not just an excuse for taxing everything in sight, including breathing. It’s not merely wrong. It’s idiotic. It marks a low point in our national conversation. Scientists or engineers with a grain of sense shouldn’t be taking the EPA seriously for a second. Forget the“climate experts,” with their grossly inadequate computer models…

Or look at Obama’s unbelievable spending spree. No sane and sensible taxpayer could possibly believe that spending trillions and trillions of dollars on blue-sky fantasies makes any sense at all; the only reason Americans aren’t in open rebellion yet is that half of them can’t believe it’s happening, and the other half are idiots. We haven’t seen the effect (yet) on our pocketbooks…

Or look at the global warming farce, still hotly pursued by thepolitical classes in Europe and this country, although theAustralians seem to be coming to their senses. China now has more millionaires than the UK, because they use all their resources, like coal, to fire their industrial plants. They will never sacrifice a single luxury car to the cap and trade fraud. Neither will India. China and India have been under the thumb of egomaniacal socialists (in the case of India) and communists (in the case of China). They’ve been there, done that, seen the suffering…

No wonder those Chinese college students fell all over themselves with laughter when Timothy Geithner assured them that Obama would never spend the United States into debt. What an idiot! They laughed because Geithner’s stupidity or mendacity was too obvious for words…

Obama’s power-grab over the medical sector of the economy? It’s profoundly stupid…Even if we already have two national lemons in our garage, Medicare and Medicaid, which nobody likes. Now Obee is trying to sell us on a really, really expensive dream mobile that will fix our problems forever, plus it’ll be cheaper than what we have now!

On the last point, health care, it is very hard to believe that Americans are that stupid or gullible. There are fewer than 800,000 doctors in the US. The Obama plan intends to provide insurance to 47 million additional people. So there is a 15% increase in potential demand from physicians, and a 0% increase in supply. Whether you support Obama or not, increasing demand while supply remains constant raises prices, the opposite of what Obama claims. It’s just not possible to do what he says he wants — price control regimes always result in rationing, lower quality, and black markets — but no one seems to care (at least so far).

Here’s the thing, perhaps: The young are disconnected from the past, and live in a world of digital utopian images. They don’t remember a hard past. So they are in the process of creating a hard future. This seems to us one of the greatest avoidable tragedies in history. Sigh.

China once again called for a new reserve currency other than the dollar, as it did first in March. China won’t pay the bill for America’s current idiocy or insanity. Who is going to pay for Obama’s party? The rich can’t. What will it take to end this madness?