Why Things Will Get Worse - Much Worse
It is easy to be upset about what is
happening all around. The economy is being destroyed, deliberately, by insane economic
policies. Incentives to work are being eliminated by punishing work. At the
same time rewards are increasing for not working. Not surprisingly we get less
of what we penalize (work) and more of what we subsidize (non-work).
As an
economist I get sick
over what I see happening to what was once a great engine of productivity,
capital creation and improvements in standards of living.
After
two centuries of progress that amazed the world, the conditions necessary for growth and
productivity are steadily being removed. Their presence allowed
the miracle of America. Their absence guarantees the decline. Carried to
extreme, the US could become a second or third-world nation within a few
decades. Virtually all changes in the last five to ten years point in this
direction and these changes are accelerating.
As
pained as the economic retrogression is, the loss of freedom is even more disturbing.
It was free markets and free men that made America the dominant economic power
and the beacon of freedom. Without freedom, no economic policy can succeed.
Yet, just as economic policies seem designed to destroy rather than create, so
too does the role of government as steadily destroys freedom with its expanded
oppression and power. The absence of freedom is tyranny. The absence of freedom
is also poverty.
The decline of liberty, however, is not easily quantifiable and even
more difficult to communicate. An email from Simon Black, expresses his concern regarding
Leviathan government and its increasing oppression. It provides as good a
qualitative measure of what is occurring to freedom in this country:
By now it should be clear to anyone paying attention that most of Western civilization is on a dangerous slide into tyranny.
They’re confiscating funds directly from people’s bank accounts.
They’re seizing reporters’ personal records and phone logs.
They’re digitally spying on everyone’s emails.
They’ve authorized military detention and drone assassination of their own citizens.
They’re using tax offices to harass political opposition groups.
They tell us what we are allowed to eat and drink, what foods we are allowed to put in our own body.
Think about it. These are Soviet tactics, plain and simple.
What’s more, they don’t even care. They think we’re all idiots who are too stupid to even notice what they’re doing.
In fact, just a few days ago, Barack Obama staunchly defended his policies, saying “you can complain about Big Brother. . . but when you actually look at the details, then I think we’ve struck the right balance.” This is textbook sociopathic behavior: destructive, antisocial conduct and a complete lack of conscience.
Unfortunately this is just the beginning.
Imagine what it will look like in a few more years: trillions of dollars of more debt… more printed currency. More police state tactics. More invasions of privacy. More ridiculous regulations.
Unless government oppression is beaten back, there is no hope for the
future. For
those who focus on the foolish economic policies, they miss the root cause of
all of our problems — oversized, overactive, interventionist, over controlling
and oppressive government. Unless government can be reduced in size and power
dramatically and then put back into its Constitutional box, nothing will
improve in the economy. Ultimately the economy will collapse and freedom will
be lost.
History
shows no examples reversing these kinds of trends. Civilizations die as a
result and then they rebuild from the ashes. But history never knew the
flowering of such a vibrant civilization before our break from King George. It
seems as though a similar miracle is required today.
I fear
the majority of the American people are too dumbed down to understand what is
happening to them and their country. They appear too content collecting whatever
benefits the government buys them off with. These benefits will cease when the
economy can no longer be pillaged. By then, it will likely be too late.
America will continue to exist and it will eventually be free and
prosperous again. But there will be a long period, call it the modern-day Dark
Ages, before freedom and prosperity return. A century or so seems a reasonable
guess. Evil will eventually be overcome, but not before generations suffer as a
result of our allowing and enabling the growth in government power.
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