AI
Thursday, June 11, 2009 7:58:48 AM
LOL, batten down the hatches! Gee ...
There is a serious discussion to be had here, and I think Jon Henke is having it: Socialism, like farenheit, comes in degrees.
Sure, a government that nationalizes GM is "more socialist" than one that does not, even if it doesn't mean we're living
"under socialism." But differences of degree shouldn't obscure differences of kind, and as Tim Fernholz says, "it's clear
that putting the government in charge of private production is not the Obama administration's guiding philosophy."
If it were, 99.79% of the American corporate assets that existed at the start of the Obama administration would not remain in private hands. The differences of degree are so small that they aren't worth mentioning. And yet, somehow, they keep getting mentioned.
Update: A couple of commenters have asked for a different chart, so I've posted another item on this here.
Update 2: For something that resembles socialism more closely, you might check out Sarah Palin's state of Alaska.
Jun 5 2009, 10:51AM
Sarah Palin's Economics Lesson
Sarah Palin gave a speech about economics on Wednesday, but it only popped into my RSS reader last night:
"Some in Washington would approach our economic woes in ways that absolutely defy Economics 101, and they fly in the
face of principles, providing opportunity for industrious Americans to succeed or to fail on their own accord," she
said. "Those principles it makes you wonder what the heck some in Washington are trying to accomplish here."
Wow. Whatever else might be said about Sarah Palin, I hope we can all agree that there's absolutely
no reason to take her seriously as a fiscal conservative. In particular, that line about "industrious
Americans" succeeding and failing of their own accord made we want to take a look at the federal
dollars Alaska receives per resident relative to its federal tax burden. So I went and made this chart:
http://correspondents.theatlantic.com/conor_clarke/2009/06/sarah_palins_economics_lesson.php
Your, [more via] http://www.alan.com/2009/06/03/heres-how-socialist-we-are/ ..
It's a worry .. not sure if i'll sleep tonight!
There is a serious discussion to be had here, and I think Jon Henke is having it: Socialism, like farenheit, comes in degrees.
Sure, a government that nationalizes GM is "more socialist" than one that does not, even if it doesn't mean we're living
"under socialism." But differences of degree shouldn't obscure differences of kind, and as Tim Fernholz says, "it's clear
that putting the government in charge of private production is not the Obama administration's guiding philosophy."
If it were, 99.79% of the American corporate assets that existed at the start of the Obama administration would not remain in private hands. The differences of degree are so small that they aren't worth mentioning. And yet, somehow, they keep getting mentioned.
Update: A couple of commenters have asked for a different chart, so I've posted another item on this here.
Update 2: For something that resembles socialism more closely, you might check out Sarah Palin's state of Alaska.
Jun 5 2009, 10:51AM
Sarah Palin's Economics Lesson
Sarah Palin gave a speech about economics on Wednesday, but it only popped into my RSS reader last night:
"Some in Washington would approach our economic woes in ways that absolutely defy Economics 101, and they fly in the
face of principles, providing opportunity for industrious Americans to succeed or to fail on their own accord," she
said. "Those principles it makes you wonder what the heck some in Washington are trying to accomplish here."
Wow. Whatever else might be said about Sarah Palin, I hope we can all agree that there's absolutely
no reason to take her seriously as a fiscal conservative. In particular, that line about "industrious
Americans" succeeding and failing of their own accord made we want to take a look at the federal
dollars Alaska receives per resident relative to its federal tax burden. So I went and made this chart:
http://correspondents.theatlantic.com/conor_clarke/2009/06/sarah_palins_economics_lesson.php
Your, [more via] http://www.alan.com/2009/06/03/heres-how-socialist-we-are/ ..
It's a worry .. not sure if i'll sleep tonight!
"No eyes that have seen beauty ever lose their sight." Jean Toomer
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