Is there a dependency agenda?

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Thursday, February 5. 2015

Is there a dependency agenda?

George Will's Defining Economic Failure Down - We’re coming to accept a weaker economy as the new normal.

Barack Obama’s plan to tax the earnings from parents’ “529” college-savings plans lived just long enough to indicate why some progressives perhaps prefer slow rather than rapid economic growth. Rapid growth reduces the appeal of redistributive policies and the need for the bitter, jostling, divisive politics that advance such policies. The 529s help enable families to achieve self-sufficiency. This excites progressives’ dislike of any private provision that impedes implementation of their dependency agenda.

Posted by The News Junkie in Hot News & Misc. Short Subjects at 15:49 | Comments (3) | Trackbacks (0)

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The U.S. economy today is somewhere between Sears and Montgomery Wards. It is being hidden, disguised, kept from us, but it is failing. It is because of many things; huge debt, huge taxes, excessive spending, excessive welfare spending, bad or criminal legislation, excessive bureaucracy, intentional harm by us, our friends and our enemies, Obamacare, a huge federal government, yada, yada. I think I know how to fix Sears, but the U.S. economy will take longer I think. But right at this moment I think Sears has a better chance of surviving the next two years.

#1 GoneWithTheWind on 2015-02-05 17:57 (Reply)

On one hand, we have "too big to fail", government backed mortgages, the profit margin guarantees to health insurers, the various subsidies to farmers, electric cars, while on the other hand, there has been little talk about say a universal dole or even repeal of the Clinton era welfare reforms and in the gripping hand, we have "middle class economics". I'd say what we have is a dependency agenda focused on the upper half.

As to slow growth, at least the inevitable fall won't be as far.

#2 walt moffett on 2015-02-05 18:29 (Reply)

If some people are self-sufficient it won't be fair to the others.

#3 Assistant Village Idiot (Link) on 2015-02-05 22:11 (Reply)

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Thursday, February 5. 2015

Is there a dependency agenda?