EarlClaar661
From GunGame5 Documentation
Politics Versus Economic Reality: We'll All Lose
In the western world there is quite obviously a battle between your politics and also the economics. It is clearest is Europe where - all most as one - the economists are saying the Euro is condemning many to long term austerity and inevitable poverty and is therefore unworkable - but somehow the politicians don't appear to get it: or do they think the alternative is worse? And the reason for this issue is most of all the commitment to excessive government spending primarily driven by the welfare state. And in the united states, exceptional bastion of free enterprise and the American dream, is incorporated in the middle of a battle to bring the very same welfare state to those shores whilst ignoring escalating public debt.
In Democracy in the usa (published in 1835 in France), Alexis de Tocqueville wrote "The American Republic will endure before the day Congress discovers that it can bribe the general public using the public's money." Which seems to be happening today. De Tocqueville is interesting because in those days France, and indeed the rest of Europe had primarily aristocratic rule and that he was a liberal who supported the thought of democracy. But he was worried about the long run effect of that democracy on sensible economics: "From that moment on, the majority always votes for the candidates promising the most benefits in the public treasury with the result that a democracy always collapses over loose fiscal policy."
A fascinating development in that the EU - in a desperate attempt to save the Euro - has decreed that member states must have a balanced budget. Obviously the main reason they didn't have a balanced budget was because politicians desired to bribe their voters and or their financiers (these day almost exclusively big corporate).
However the EU is fulfilling De Tocqueville prophecy by attempting to sideline democracy - in both Greece and Italy an effort by democratically elected leaders to even think about the possibility of leaving the Euro resulted in their instant removal by scheming EU apparatchiks as well as their replacement by so-called Technocrats. When the EU has its way I suspect the Greek election due soon is going to be postponed as will every other election that threatens a vote which will destabilise the union.
Obviously the total absurdity from the EU is as it clamps down heavy heavily on rising budgets in EU members states its very own budget expands exponentially with screams of protests if anybody suggests otherwise.
However the simple issue is this - can democratically elected governments really cut the money they are spending to the voters and ever aspire to be elected again? Clearly the first prerequisite would be that the politicians are willing and then are able to result in the argument - and win it - using their voters. Nowadays, with politicians who use opinion polls rather than conviction as their guiding light, that seems a big ask. Or perhaps is it conviction from the wrong kind - a conviction towards the liberal democratic model that believes their state should 'take care' from cradle to grave. The problem in america appears to be probably the most peculiar - with Europe as an example of what goes on when an excessive amount of is spent of social largesse it is extraordinary the US appears to be following the same model. You don't need to be considered a member of the Tea Party to determine something must be done about US government spending - and surely the priority should be getting the budget balanced before contributing to it!
Britain's electorates obsession with the NHS (free healthcare) is an example of the issues of attempting to change something that is sacred cow - yet most accept it is not efficient. Even referring to NHS reform has government pollsters inside a lather of despair.
So in the western world the politics is ruling the roost: maybe we ought to say the little head is ruling the large head because when we all know that economics is sort of a river: it can be dammed, diverted and siphoned but it keeps coming as well as in the end those trying to stop it should be overwhelmed.
Now you ask , when will economics win? I grew up in Eastern Europe after economics eventually won the Cold War. That suggests in my experience Europeans will ultimately all be residing in some form of protected enclave where those outside have all the latest gadgets and they will be tied to a classic ipad: buildings won't be repaired and infrastructure will creak and barely work. The inevitability of economics shows that is how the EU is heading: a failing totalitarian state.
The truth is as to possess state spending - we need to generate enough wealth to invest in that spending. That is the economics of it. Furthermore that wealth should also must grow and be readily available to reinvest in new projects to produce more wealth to help keep paying your bills. Within the socialist/communist system the necessity to invest is ignored and inefficiencies sidelined in the have to maintain the system.
In the united kingdom the Blair/Brown years saw an enormous numbers shuffled onto welfare dependency known as disability. This was no different towards the communist regime allocating every participant of the workforce employment - regardless of whether a brand new employee was needed. It made Communist business hopelessly inefficient in terms of manpower: whilst pushing people into welfare dependency just transfers to cost to the tax payer - net effect is the same - less and less money for investment and therefore fewer, and finally no new jobs.
