Tuesday, February 2, 2010

Obama's Idea of "Austerity"

In the wildly unlikely case you mistook Obama's call for "austerity" as actual cost cutting by the Imperial State Bureaucracy...

Silly Citizen. He means austerity for you...not the government, Gaia forbid.
You don't have to be a proponent of small government to favor austerity. Communists and socialists have been doing it for years. So, too, have the mullahs. They are excellent practitioners of the same kind of austerity that sneers at free choice and reliably produces shoddy products and grinding poverty.

Price controls, shortages, queuing and rationing -- all those are key elements in the socialist tool kit. Since this administration was already prepared to ration health care , CO2 emissions and incomes (with severe tax penalties for anyone making more than $200,000 or $250,000 a year), why not ration jobs as well.

Read the entire article by Andrew Wilson.

wtp

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