Friday, September 4, 2015

How to Stifle Economic Growth

There are so many roadblocks to American prosperity now that it is hard to see how true economic prosperity can return.  An economy that easily generated 4.6 percent economic growth in the 1950s, 4 percent economic growth in the 1960s and 1980s, is now an economy that considers itself lucky to produce 2 percent growth.

There is no longer any expectation of strong and vigorous economic growth in the US.  The media treats corporations as evil institutions that kill and maim people for profit - Mr. Robot is just one example of this pervasive theme.  When was the last time you saw a movie or a tv show that portrayed a business or a businessman or woman in a good light?

Meanwhile the folks who promote the government strangulation of the cconomy slip casually from their limousines into their private jets while promoting even more ways of stifling the free enterprise system -- a system that they despise and intend to destroy.

Until free market policies are permitted once again in the US, don't expect much on the economic front.  This is bad news for those in the bottom half of the income distribution, though it matters little for those how never leave the cocoon of the limousine-private jet life.

No comments: