Maggie's Farm

Richard Fernandez at Belmont Club, as usual, sees more clearly, deeply:

We often think that politicians know when they are misleading the public and when they are not. But there’s one other possibility. They don’t know themselves what the truth is any more.  They are like a bunch of pirates who, after making the master mariner walk the plank realize they can’t read the “books of navvigashun” for the life of them. They are irretrievably lost and the only thing the pirate chieftains can do is pretend to pore over them.

The situation may be reaching the point where it has become counterproductive to listen to “the leaders” who have neither the knowledge nor skill to think or do anything definite.  Perhaps recovery — when it comes — will be the result of people just doing stuff. Creating new businesses, innovating or just adapting to changed circumstances without much reference to the Big Leaders who will continue to pretend to know everything when they know nothing. Maybe the end of Peak Government has already started. The “leaders” will pronounce more and more, and they will matter less and less.