Fiscal Follies

Christopher Westley

Years of spending, inflating, taxing, and redistributing has left the US economy teetering on a recession that our best and brightest -- meaning the ones who created this mess -- claim requires a multibillion-dollar economic-relief package to quell fears, promote confidence, and spur recovery.

And, one might add, to keep things calm past election time, which is the real purpose of this bipartisan proposal.

It leaves you wondering about what happened to the 1990s boom, a credit-fueled expansion also influenced by a peace dividend. The end of the Cold War produced a floundering federal government that lost its rationalization to grow and found itself unsure of its purpose, thus promoting an era of relative peace and prosperity.

Oh, how things changed in the 2000s, with new monsters to destroy and new justifications for centralized power! FULL ARTICLE