Rick Lowe
When I hear the political class speaking about the country and how to cure its ills I wonder how many people think, "yeah right, they got into this mess with bad policies over decades, so now they'll just add another layer of bureaucracy, and all will be solved"?
I know I'm not the only on that thinks this way, but so few of us express those thoughts.
These are the same folks that brought us the Hatchet Bay Farms and Owens Illinois Farm closures. The same people that have started ITC/BTVI and revamped it and its programmes dozens of times. Have run our educational system into the ground and have wasted taxpayer money on so many schemes with nothing to show for it.
To paraphrase William Watson, from his November 23, 2011 article, can governments that in other contexts are widely viewed as dysfunctional take on a more important, even a leading role in fixing the problems they've helped create? (More…)
So what do we do about it?
As Professor Ricard Epstein said recently "One of the enduring faiths of modern progressive thought is that omniscient policy makers can cancel out the errors of one form of economic intervention by implementing a second…" (More…)
In other words the political class has to move aside and stop preventing the free market from getting the job of wealth creation done. The political class confirmed long ago they should stick to debating each other and leave economic growth to the private sector.
