Originally Posted by Urbane Guerrilla
(Post 557201)
I can see the silly Left has leapt out in unison if not force -- and altogether stumbled in their understanding.
Glatt, you don't have to be crazy to perceive the unwisdom of the Left. It doesn't even help. See below for why the unwisdom is so easy to perceive.
Green tea, however, is definitely not crazy -- though I'm more a black-tea guy. Unsubtle palate.
Presently, a left-leaning Administration is demonstrating the Democrats' economic illiteracy in a big, nay gigantic, way. The stimulus will debase the currency by inflation. Nobody here disputes that you can't fix a problem of excessive, ill-secured debt with more debt. But Congress is behaving like they'd never heard of that idea.
The Republicans are going to be able to campaign on the idea of "Had Enough?" again after a couple of years of this.
This inflation, and growth of the almighty nanny State, are what the TEA (Taxed Enough Already) bunch is annoyed with Congress and the President about. It's not at all about airing silly ideas about Obama's citizenship, or any of the notions floated in this thread, really. It's bipartisan. If there's anything really identifiable as the center of their bell curve, it's a tendency to center-right politics, and calling for better (cheaper) governance.
Nor is it all Federal-level. TEA in California is directing at least as much attention to Sacramento's spending as to Washington's. Sacramento isn't paying attention to the idea that outlay should be slashed until it is at least somewhat below income -- state-provided services must be reduced to stay within this state's means. Instead, they raise taxes all over the place. Serve 'em right if revenue consequently declines. They won't hear the idea that maybe Californians are man enough to take care of their personal needs without going to state officials. They heap burdens upon economic activity, driving up the cost of doing business. That's bloody silly. Even sillier is how they're ignoring how businesses look at California-imposed costs and move out of state in search of better bargains elsewhere. Sacramento needs a two-by-four.
Exactly, Shawnee.
Debasing the dollar is not good for the Republic. Inflationary pressures act to debase the currency.
That Government is best which governs least. Or has to govern least. As long, at any rate, as it governs a little, for anarchy isn't a fix for anything much either. Does what the present Administration is doing sound like "governs least?"
The private sector economy creates wealth. The public sector's expenditures do not. Taxation to bankroll government's outlays is to do those things a society agrees need to be done, but which are not of themselves profitable. They are more in the realm of overhead -- particularly in the general heading of security, such as police and armies.
At any rate, it is always likely that control and reduction of public-sector costs and expenditure controls inflation and frees capital to use in actual creation of wealth.
There's the good.
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