Skip to comments.A nation in decline
Posted on 02/03/2010 8:51:01 AM PST by antisocial
A nation in decline
By Tom DeWeese web posted February 1, 2010
Many politicians are asking the question today: "Why are the American People so angry?" The following may lend a clue to the clueless.
According to the annual "Index on Economic Freedom," produced by the Heritage Foundation, the United States now ranks 8th, just behind Canada. That's a drop of two full points since last year, and the largest drop of all nations in overall economic freedom. .
The index ranking is based on 10 measures of economic openness, regulatory efficiency, the rule of law, and competitiveness. The basic principles of economic freedom emphasized in the index are individual empowerment, equitable treatment and the promotion of competition.
According to the Heritage Index, the U.S. lost ground in seven of the ten categories. Losses were particularly significant in the areas of financial and monetary freedom and property rights. Driving it all were the massive bailouts, government intervention in such things are the auto and banking industries, and runaway environmental protection policies.
As a result, our nation stands on the edge of economic collapse; more than 10% of our people are out of work; costs are skyrocketing, and goods and services are becoming harder to come by.
Socialism does not work. It robs the fruits of labor from one citizen to fill the pockets of another. It kills incentive. It demoralizes industrious people. And it leads to misery. Socialism combined with Fascist Corporatism (as in the current trend toward Public/Private Partnerships) creates government-sanctioned monopolies, giving the corporations the reins of power over government at the expense of the people. That is the model America has now chosen to follow.
(Excerpt) Read more at enterstageright.com ...
The free market (Capitalism) did not cause this crisis, the government (Socialism/Communism) did.
The free market did not create Fannie Mae and Freddie Mac, the government did.
The free market did not pass laws that force banks to lend to those who do not qualify for a loan, the government did.
The free market did not take us off the gold standard, the government did.
The free market did not dump trillions of dollars of cheap money into the system, the government did.
The free market did not create multiple multi-trillion-dollar unfunded entitlement programs, the government did.
The free market did not write a 60,000+ page tax code that punishes work, rewards sloth and buys the votes of special interest groups, the government did.
The free market did not destroy our public school system and graduate (or fail to graduate) generations of civically and financially illiterate citizens, the government did.
The free market did not drive our jobs overseas and kill our entrepreneurial spirit with over-taxation, over-regulation and frivolous lawsuits, the government did.
The free market did not ban drilling for oil, vilify coal and block the building of nuclear power plants in the United States, thereby transferring hundred of billions of dollars of American wealth and many thousands of energy-industry jobs to foreign countries, the government did.
This crisis is the result of a giant social engineering experiment and vote-buying scheme gone tragically wrong.
The free market does not try to engineer society or buy votes, the government does.
The government caused this crisis, the free market did not.
The government cannot fix the crisis, the free market can.
We’ll be well beyond #100 once 0bama is through with us.
Friday’s unemployment report should be interesting.
If I were an enemy of America, I would just lay low, keep my mouth shut and quietly watch the last, best hope of mankind, destroy itself from within.
Because of the rapid growth in government, it will appear to be "rosier" than past months. The libs will trumpet the "improvement" as a victory for socialism.
Can anyone think of a better reason for not re-electing these nits?
And yet, despite the economic collapse and staggering unemployment, many of the dem pols who are eyeball-deep in this mess will get re-elected in 2010 (statewide and national.) Watch.
Fully concur with the findings but don’t rule out the spiritual dimension that we have gone through. My guess is the over reach and conceit of the dems may create the opportunity politically to reclaim lost freedoms. It is because of this over reach that candidates like Romney and Huckabee will not be considered. Look for a solid conservative to do well in 2012.
Do not underestimate the damage the ‘progressives’ have done to the fundamentals of our economy.
Private property, contracts, and rule of law....
all damaged by Obamanomics.
Can I quote you on that?
By all means, yes!
Time to speak truth to power, before it’s too late.