Keynesian Failure...

polifrog



Replacing God:

...Almost everyone in the West, and many in the developing world, has bought into some elements of the idea. What it boils down to is a hubristic notion that we have the knowledge and wisdom to organize our fellow men for a collective "good" that we define. Ancient emperors of the pagan world used to operate on this principle; the divine-right monarchs of Europe did so, as have Marxist revolutionaries, fascists, and autocratic rulers in the Islamic world.

But the modern West too has bought into this idea, hook, line, and sinker. We demonstrate our fealty to it whenever we speak in complacent accents of government, operating on some organizing principle, "creating jobs" for us, saving us from poverty and death, preventing all forms of injustice, saving the planet, or properly allocating "society's resources."

Other peoples have paid the price of government-worship more visibly and summarily than we have. But the monstrous debt staring down the world's advanced nations is part of the price we are paying, and it is an inevitable result of our decision to give over so much of our lives to secular, material collectivism. Collectivist schemes produce only debt, resentment, discouragement, and want because they put humans and human ideas in the place of God.

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Barack Obama didn't start our civilization on its current path. In a sense, as I have noted in other writings, he is the one left holding the bag as the civilization that produced him is confronted with the bankruptcy of its bad ideas. He knows only how to tax, spend, regulate, and discuss taxation, spending, and regulation, because that is what our civilization has given itself over to. We have put government policy and government programs in the place of God, and until we get our own minds and hearts right on that score, we might as well be up there at the podium with the president, suffering the slings and arrows of unkind reviews and public criticism.

I would add forcing our nation to operate within the Keynesian mechanism, an argument to allow the few to control the many, has bestowed longterm misery on our nation.



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