tag:blogger.com,1999:blog-5704572633566908500.post7400762553631162300..comments2023-10-18T03:18:43.914-07:00Comments on Chicago Freedom And Reason Forum: Bleeding Washington...Jasonhttp://www.blogger.com/profile/11152746014493443822noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5704572633566908500.post-84582708236905149552009-01-30T12:07:00.000-08:002009-01-30T12:07:00.000-08:00To: the WayFrom: JasonComment: My post wasn't a bl...To: the Way<BR/>From: Jason<BR/><BR/>Comment: My post wasn't a blanket condemnation of all government spending. The main points are indisputable:<BR/><BR/>1. We spend more than we have.<BR/><BR/>2. When a policy or program fails our usual response is to spend more on that program. The best example of that is Chicago public schools. Per capita spending has doubled in the last 25 years, but the graduation rate hovers at 50%. <BR/><BR/>The Way said... <BR/>you decry govt spending without making any distinction on type of spending. Just because one treatment from a doctor is wrong doesn't mean that all treatments and all doctors are wrong. <BR/><BR/>The problem isn't with govt spending, the problem is how and where and why they spend.Jasonhttps://www.blogger.com/profile/11152746014493443822noreply@blogger.comtag:blogger.com,1999:blog-5704572633566908500.post-43376236340618830812009-01-30T09:37:00.000-08:002009-01-30T09:37:00.000-08:00"The curious task of economics is to demonstrate t..."The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design." - Friedrich HayekAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5704572633566908500.post-85962777014351260442009-01-30T08:22:00.000-08:002009-01-30T08:22:00.000-08:00We read today the economy contracted last quarter ...We read today the economy contracted last quarter by the most in 27 years. 27 years ago was the economy carter left Reagan. Obama and Reagan share inheriting a bad economy. Reagan's response was massive tax cuts. And it worked beautifully. As he said, "it's dawn in America". Obama's response is massive debt and government spending (which was also Bush's response). His message has been "it's going to get worse before it gets better..." "it's the worst economy since the Great Depression (he wants to pretend the early 80s and the Reagan success never happened)". It's all doom and gloom, and that's because Obama is smart enough to know that trillions more debt and the expansion of government is antithetical to prosperity and economic growth. But his goal, the democrat and liberal goal, has never been prosperity. It's "equality" and "fairness" and "progressiveness" as directed from Washington D.C. by our wise bureaucrats. <BR/><BR/>This train has left the station and nothing good can happen until an election puts some fiscal conservatives back into Congress. <BR/><BR/>The reaction against Clinton was swift, and Republicans stormed into power in the House in 94. Let us hope the correction to this madness is just as quick.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5704572633566908500.post-48228692591435007392009-01-30T00:20:00.000-08:002009-01-30T00:20:00.000-08:00you decry govt spending without making any distinc...you decry govt spending without making any distinction on type of spending. Just because one treatment from a doctor is wrong doesn't mean that all treatments and all doctors are wrong. <BR/><BR/>The problem isn't with govt spending, the problem is how and where and why they spend.The Wayhttps://www.blogger.com/profile/02450690035446068510noreply@blogger.comtag:blogger.com,1999:blog-5704572633566908500.post-68595089704621665312009-01-29T08:08:00.000-08:002009-01-29T08:08:00.000-08:00Adam,That's a good point. I will go back and post ...Adam,<BR/><BR/>That's a good point. I will go back and post some links for anyone interested in reading up on the historical or economic back ground of what I am writing about. Because, I stand on the shoulder of the giants that came before me.<BR/><BR/>-JasonJasonhttps://www.blogger.com/profile/11152746014493443822noreply@blogger.comtag:blogger.com,1999:blog-5704572633566908500.post-35603455116232652782009-01-29T06:43:00.000-08:002009-01-29T06:43:00.000-08:00Jason,Love the history you are infusing into your ...Jason,<BR/><BR/>Love the history you are infusing into your blog, and I think it would be even better with links to websites that go even deeper into the examples you talk about.<BR/><BR/>AdamAnonymousnoreply@blogger.com