“A government policy to rob Peter to pay Paul can be assured of the support of Paul.” -George Bernard Shaw
Well, the election did not go as center-right pundits, including myself, predicted; frankly, it was a repudiation of common sense. Indicative of the country's entrenched ideological divide, 26 states (plus the District of Columbia) went Obama and 24 states went Romney. Consequently, the electorate chose dependency over individualism, while expecting different results from the same failed policies of the past four years. What it means is more debt, more unemployment and more entitlements over the next four years that will permanently toss the nation over the fiscal cliff a generation from now, if not sooner.
(Source: 270ToWin)
Not since President Franklin Roosevelt has an incumbent been re-elected with such a dismal economic outlook; only with the onset of World War Two that re-energized the might of free-market capitalism – rather than any prior fiscal policies enacted by Roosevelt’s administration – did the nation recover. If the United States continues on a similar path today, it is the end of American exceptionalism in favor of European collectivism – from the Greatest Generation that stoically fought against socialism to the Welfare Generation blindly embracing it.
English historian, Edward Gibbon, wrote of the fall of the Roman Empire, that “the decline of Rome was the natural and inevitable effect of immoderate greatness. Prosperity ripened the principle of decay; the causes of destruction multiplied with the extent of conquest; and as soon as time or accident had removed the artificial supports, the stupendous fabric yielded to the pressure of its own weight.” Let us pray that history is not ripe to repeat.
Not since President Franklin Roosevelt has an incumbent been re-elected with such a dismal economic outlook; only with the onset of World War Two that re-energized the might of free-market capitalism – rather than any prior fiscal policies enacted by Roosevelt’s administration – did the nation recover. If the United States continues on a similar path today, it is the end of American exceptionalism in favor of European collectivism – from the Greatest Generation that stoically fought against socialism to the Welfare Generation blindly embracing it.
(Source: ThePeoplesCube)
English historian, Edward Gibbon, wrote of the fall of the Roman Empire, that “the decline of Rome was the natural and inevitable effect of immoderate greatness. Prosperity ripened the principle of decay; the causes of destruction multiplied with the extent of conquest; and as soon as time or accident had removed the artificial supports, the stupendous fabric yielded to the pressure of its own weight.” Let us pray that history is not ripe to repeat.
©Steve Sagarra 2012
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