Witnessing the end of America
Posted by j_IR1776wg 11 years, 8 months ago to Economics
Don't know if anyone has seen this. It is depressing. We are going down and there is no place to hide.
http://www.foxnews.com/opinion/2013/08/0...
http://www.foxnews.com/opinion/2013/08/0...
Selfishness is the name of the virtue promoted here. It challenges the moral philosophy of the past 2500 years. The word never again to be erased is EGO.
However, the outcomes are not universally consistent. Come to Austin! If you read the actual laws, Texas is as bad as "Taxachusetts" with interventions and controls and massive failed subsidies to pet businesses. But Austin has something, a sense of entrepreneurship within the culture of the town. Every town has beggars standing at the freeway medians. Here, when it is 100 degrees, they sell bottles of water. At that low level of subsistence, others walk the apartment complexes picking up aluminum cans which they sell for scrap. No sitting in the welfare office for them. It ain't much, but it is all about freedom and opportunity. Then, there are Dell, AMD, Google, eBay, HP, ... all the companies that pulled out of Ann Arbor (and maybe out of your town, too), are doing business here. And we have start-ups all across the board, not just in "computers." We have music here, big time: South by Southwest, and Austin City Limits Live. And now biotech: over 200 firms, mostly small, are listed by the Chamber of Commerce. You can find THREE different life sciences social groups here via Meetup.
I could go on all day....
But really, no "original sin" happened. It was the CONTRADICTIONS IN THE CONSTITUTION (discussed on this board), not one sad moment of sin and error.
(And I did not mean to single out the Bushes elder or younger, but only to say that it was not President Obama who invented this mess. As you noted, it has been a long time coming...)