Expect withdrawal symptoms on a mass scale shortly. On the bright side, national productivity will probably explode shortly. I know mine will.
Category Archives: Business
California’s Economy
…has been sick for a lot longer than the nation’s and looks likely to remain so. Because its electorate is nuts.
Federal Requirements
A story from Wayne Hale.
Welfare For Millionaires
How Crony Capitalism Is Undermining The Space Program
I have a piece up on the subject over at The Weekly Standard.
3-D Printers
Now you can buy one for $1300.
Unemployment Numbers
Want to be depressed? Check out these charts.
[Update a couple minutes later]
Today’s chart that suggests just how doomed we are.
Taking Ayn Rand Seriously
…by a surprising source.
No, Mr. President
…the problem is not America’s “laziness”:
What this is, is the opening shots in the inevitable decay of a Socialist economy. When productivity starts dropping and there are fewer resources available for redistribution, the leadership notes that the people aren’t working as hard as they used to. The obvious conclusion is that the people have gotten lazy, and the nomenklatura then start on a campaign to get people to work harder and more effectively. Look up some political posters from the USSR of the Twenties and Thirties for examples.
It isn’t true. What’s happening is that people are working more virtuously — in Socialist class-warfare terms.
Once you understand that the president’s world view is essentially Marxist (as he made quite clear in his presidential campaign to anyone who both understands such things and was paying attention), then the policies and actions become clear.