Monday, May 25, 2009

Da Obamaklean Highway

As any good Pepean knows, ya gotta have serfs to make a world safe for Aristos.
Posted by at
Labels: , , , , , , , , ,

1 comment:

Tecumseh said...

There is a clear inverse relationship between government spending and prosperity, represented by GDP per capita - as government spending and tax revenue increase beyond an "optimum" level, GDP per capita declines. Therefore, we should conclude that the administrations aggressive budget proposal, which increases the current size of government, will achieve two outcomes: one, increase government spending and entitlement programs and two, decrease potential prosperity.
Duhhh. But this trend is exactly the one Pepe encourages and strives for, with all his might (whatever he has left after ululating like a sycophant).

Hayek warned, "... democracy will have to learn that it must pay for its own follies and that it cannot draw unlimited checks on the future to solve its present problems."
Ah, but, like every good Versaillist, Pepe's motto is, Après moi, le déluge.

Unfortunately the irresponsible spending put forth in the President's budget can't last forever. The current administration can promise and pass legislation to address whatever it feels people need or want, but it can't fulfill those promises indefinitely. The President's plan is unsustainable, much more so than his predecessors. At some point, the government will NOT be able to fulfill its obligations and the public will vote more power to the state to fulfill these obligations and implement the ideas it has promised. This cycle inevitably leads to tyranny as Hayek warned over 60 years ago. It is NOT the road to long-term growth and prosperity that is paved with government spending and debt but rather the road to serfdom!
Right on, says Pepe. That's precisely the idea. The pinko-Versaillist GUT in all its glory.

5/25/2009 7:53 PM

Post a Comment

Subscribe to: Post Comments (Atom)