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Jim DeMint (R-SC), toady: "So now we're at the point where there would have to be some serious disruptions in order not to raise it. I'm willing to do that."

Remember, folks, decline is a choice. And Jim DeMint (R-SC) has made his choice.

Re: Suicide? Or murder?

Date: 2011-07-13 07:28 am (UTC)
From: [identity profile] ideaphile.livejournal.com
No, really, I'm quite serious. The economic agenda of socialism in the United States has always been to confiscate and redistribute almost all of the surplus each year, leaving only enough to allow for a few percentage points of economic growth.

The financial crisis that became visible in 2008 showed that the surplus wasn't as big as we'd thought, and then on top of that the Bush and Obama administrations decided that the best response to an economic crisis was to greatly expand the redistributive operations of government.

As a result of the first error, we haven't actually had meaningful economic growth for many years. As a result of the second, the economy may actually be shrinking-- though it's hard for me to come up with the conclusive numbers, since the stimulus programs have been very creatively funded indeed. Whether this creates an illusion of a recovery to hide an actual depression, or whether the recovery has simply been made to seem larger than it actually is, I can't say.

But "strangulation murder of the US economy by socialism" is still a more apt metaphor than "national suicide". Whatever is happening, most of us are not working to make it worse.

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Elf Sternberg

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