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Here's George Will taking it to Clinton-era Labor Secretary and Porkulus theoretician, Robert Reich on ABC's This Week.
"Big government inevitably exacerbates the problem of (income) inequality".
He's right: the more the government intervention into the free market, the more the system can be lobbied and gamed by already favored and moneyed interests to their advantage.
Politics: the practice of public policy for personal advantage.
"You are a pyromanica in a field of staw men".
We'll cop to an amount of sympathy for Reich because how do you even respond to that bit of smack?
But let's call this for what it is: the template has been set and Reich ably demonstrates how Team O will adopt the #OWS meme of "income inequality" to distract the electorate from just how disastrous their economic policies have been.
Don't be mislead, folks. This is pretty much all you are going to hear out of the Obama camp for the next ten months leading up to the election in 2012.
And just so you know that the Christmas/New Year's season is not going to interfere with some much-deserved shadenfreude, let's hit the way back button to reflect upon what we wrote when Reich and Chuckie Rangel were complaining about the obstacles placed in front of them and their dream of reducing unemployment via Keynesian gimmickry because of those nasty rules and regulations:
It's interesting to note both Rangel and Reich whining about those pesky state legislators. State legislators and a dense and complex web of bureaucracies and regulations set up by the same that are blocking the money from getting to where Rangel and Reich, er... the formulas and criterias determine.
Imagine that: the statists' dream of "stimulating" a recessed economy via demand-side Keynesian economics completely choked off by a bureacratic and regulatory regime built-up over the years by the very same statists.
Just sayin'...
2 comments:
Reich is the favored intellectual of my lefty friends on Facebook. I have ti admit, I don't know much about the guy other than that he's a fascist in economics.
Linked with a bit of George Will bashing.
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