Friday, October 8, 2010

The Great Awakening?

Often online comments posted by the public are more interesting and telling than the actual article. A recent Huffington Post article by Fernando Espuelas entitled "Want Economic Growth? Legalize 12 Million People" generated overwhelmingly negative responses from its readers. This would not be surprising if the Huffington Post were a conservative journal, however the core of Huffington Post readers are center-left. During economic booms and times of plenty, bad policies and the questionable arguments used to promote them are able to thrive, because large segments of the population are shielded from their consequences. Not by coincidence, deeply flawed left wing concepts took hold during the post war economic boom. But during times of scarcity, fewer people have the luxury of supporting flawed positions and policies that can only thrive in the hermetically sealed world of academia. Of course Mr. Espuelas could present an ethical argument for the legalization of 12,000,000 undocumented immigrants, but his economic arguments are divorced from reality. Perhaps our great recession is doing what the writings of Jefferson, Friedman and Sowell could not: reacquaint millions of Americans with economic reality and common sense. To view the article and the public commentary, click on the link below:

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