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Thread: Freedom Is Key to Creating Jobs, Not Stimulus

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    Freedom Is Key to Creating Jobs, Not Stimulus

    Why are we in decline?


    Freedom Is Key to Creating Jobs, Not Stimulus Spending
    Compared with much of the world, U.S. citizens have historically enjoyed a large measure of economic freedom. That may explain why the median U.S. household earns more than 93 percent of the entire planet. Unfortunately, over the last decade—as government spending has piled up and as the government has undertaken unprecedented interventions in the private economy, U.S. economic freedom has been in precipitous decline. Reversing that trend would do a great deal to restore the fundamental conditions that are conducive to prosperity.

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    Bonus Quotation of the Day…
    … is from George Will’s column in today’s Washington Post:
    The U.S. defense budget is about 43 percent of the world’s total military spending — more than the combined defense spending of the next 17 nations, many of which are U.S. allies. Are Republicans really going to warn voters that America will be imperiled if the defense budget is cut 8 percent from projections over the next decade? In 2017, defense spending would still be more than that of the next 10 countries combined.


    Do Republicans think it is premature to withdraw as many as 7,000 troops from Europe two decades after the Soviet Union’s death? About 73,000 will remain, most of them in prosperous, pacific, largely unarmed and utterly unthreatened Germany. Why do so many remain?
    The welfare/warfare state soldiers on – with “Progressives” (represented overwhelmingly by Democrats) cheering stupidly for the “welfare” part, and with conservatives (represented overwhelmingly by Republicans) cheering stupidly for the “warfare” part. And logrolling with each other, each supports the other’s dangerous agenda.

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    Individual Rights and Government Wrongs
    This book was written for those who love the United States of America and the principles upon which it was founded.


    America was founded on an ideology—the right of each individual to his own life, his own liberty, and the pursuit of his own happiness. As philosopher Leonard Peikoff writes: “America is the only country in history created not by meaningless warfare or geographic accident, but deliberately, on the basis of certain fundamental ideas.”[1] The Founding Fathers sought to establish a form of government that, unlike monarchy, theocracy, and the mob rule of democracy, recognizes and protects individual rights.


    The Founders were intellectual men, widely read in the ideas of the Enlightenment. They were also practical men, concerned with the problems of life on earth. Their great achievement was transforming the ideas of the Enlightenment into a practical socio-economic system—capitalism.


    The recognition and protection of individual rights under capitalism led to the unprecedented achievements of nineteenth century America. The spectacular rise in the standard of living for all Americans, the explosion of consumer goods, and the creation of wealth previously unimaginable were the effect. Capitalism was the cause.


    By capitalism, I do not mean the mixed economy of contemporary America, which attempts to combine elements of freedom with elements of government control and regulation. Capitalism means a complete separation of state and economics....


    Beginning in the nineteenth century, both secular and religious statists attacked capitalism and its implied morality. Secular statists argued that individuals must put aside their own interests and values to achieve the collective good. Religious statists argued that individuals must put aside their personal desires in service to family, country, and God. Both agreed that individuals should not pursue their own self-interest, but should act in the name of the “public interest.” Both rejected capitalism’s implied morality—the moral right of each individual to his own life, his own liberty, and the pursuit of his own happiness. As the nineteenth century came to a close, both the left and the right agreed that unregulated capitalism is impractical, that government controls will lead to greater freedom, and that government must intervene in order to achieve the “common good.” The Progressive Era ushered in an unprecedented expansion of government controls and regulations....

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    Quote Originally Posted by Chris View Post
    Unfortunately, over the last decade—as government spending has piled up and as the government has undertaken unprecedented interventions in the private economy, U.S. economic freedom has been in precipitous decline.
    Can you provide examples of unprecedented interventions in the private economy in the past decade? Hasn't this largely been considered the era of deregulation at least in the financial sector?

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    Conservatives represented overwhelmingly by Republicans? I think Will got that backwards from the get go. That should read Republicans represented overwhelmingly by Conservatives.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    I'm not seeing a lot of conservatives. Among the people, sure, among elected officials? Hardly.

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    Quote Originally Posted by Conley View Post
    I'm not seeing a lot of conservatives. Among the people, sure, among elected officials? Hardly.

    Do you think thats because those from the left keep changing their name back and forth from Liberal to Progressives? When would you say the technocrats dropped in?
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    I don't think it has to do with liberals, unless you mean conservatives have lost out to pols who are abusing their power, expanding government, and spending money like the bills will never come due.

    What do you mean about technocrats?

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    Quote Originally Posted by Conley View Post
    I don't think it has to do with liberals, unless you mean conservatives have lost out to pols who are abusing their power, expanding government, and spending money like the bills will never come due.

    What do you mean about technocrats?
    Why, do you think we have none in Congress? Or State governments?
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    Quote Originally Posted by Conley View Post
    Can you provide examples of unprecedented interventions in the private economy in the past decade? Hasn't this largely been considered the era of deregulation at least in the financial sector?
    Obamacare.

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