Thales Posted March 7, 2009 Report Share Posted March 7, 2009 This is a really hard hitting and insightful article on what we've missed out on due to decades of the welfare state and government controls. Ron Pisaturo is an Objectivist, and a very sharp guy. There are great points in here that make this well worth reading. http://www.capmag.com/article.asp?ID=5444 excerpt: In his Weekly Address yesterday, Obama said, “I didn’t come here to do the same things we’ve been doing … .” After all, Obama is for “change.” Before Obama took over the country, and even before Bush’s 2008 financial bailouts, federal, state, and local governments were spending the astronomical sum of roughly $5 trillion dollars a year on the welfare state (programs other than the military, police, and courts). That’s roughly 50 times what we are spending in Iraq. It’s more than six times what we spend on the entire military, even with Iraq. (Remember how Obama campaigned on how rosy life would be here at home if we weren’t spending all that money in Iraq—“I’ll stop spending $9 billion a month in Iraq”?) So what’s Obama’s “change”? He’s changing five trillion to six trillion. Instead of spending the equivalent of 50 “wars” in Iraq, he’s going to give us 60 wars; 60 wars on poverty. Obama is doing the same things that have been done, it's just that the numbers are bigger. "Change"? Yeah, in magnitude. Quote Link to comment Share on other sites More sharing options...
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