There’s No Pain-Free Cure for Recession
Belt-tightening is required by all, including government.
By PETER SCHIFF
* OPINION * DECEMBER 27, 2008
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Governments cannot create but merely redirect. When the government spends, the money has to come from somewhere. If the government doesn’t have a surplus, then it must come from taxes. If taxes don’t go up, then it must come from increased borrowing. If lenders won’t lend, then it must come from the printing press, which is where all these bailouts are headed. But each additional dollar printed diminishes the value those already in circulation. Something cannot be effortlessly created from nothing.
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When will folks recognize that GOVERNEMENT IS THE PROBLEM.
It starts from a flawed set of paradigms (i.e., perceptions) and memes (i.e., ideas).
One flawed paradigm / perception is that the “benefits bestowed” come like magic rainfall from the heavens. It’s a miracle. What we don’t see, or chose not to see, is the sausage being made. Money extracted by force (Who voluntarily pays the mob in gooferment?) to fund the “benefits”. Minus of course the huge “handling fee” to do the “extracting” and “bestowing”!
One flawed meme is that there is such a thing as “government”. In our minds, we create the Wizard of Oz illusion that there something, (or even more laughable, that we are part of something), bigger than ourselves. No, what I see are craven immoral human beings dress up in fancy clothes pretending to have power over us. To “govern” us.
In the beginnings of human civilization, there were Tyrants. Then, came Kings. Now, we have Politicians.
There are all just people. Give them no more defference than you would a street thug. Be careful they can hurt you. But, don’t kid yourself that the Politician is any different than the Mafia Don.
Keep your pitchfork and torch at hand. Their time is coming.
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