| | Ed,
That's great!
But when you ended on an optimistic note it caused the contrarian in me to focus on the pessimistic view.
Long term, like in the next century, I am optimistic, but it might not get better until we have hit rock bottom - like a long depression far, far worse than the last one and then a slow but steady ascendancy of sound thinking. If that is going to be our path it will result in what might end up as a minarchy built out of and upon on explicit principles and end up being our permanent state - the war pretty much won.
Short term, like in the next decade, I'm worried. I can see that there is a newly active portion of the population who are agitating for fiscally conservative positions and they realize they have to stay active, I can see that the far left is becoming visibly absurd in their extreme positions that they won't admit to but keep trying to bring in under feeble excuses. And I can see the rapid acceleration of the political and economic education we are all getting (I include myself since I've learned so much more of our political history than I'd known of before.) These are all good.
But is it going to be enough? Such a large portion of the population is still ignorant. Such a large portion of the population is holding tight to government paychecks or are brainwashed by Keynesian economics, the politics of 'social justice', the redistribution of wealth, or to fuzzy notions like 'big problems require big government'.
What is different now as opposed to previous battles between fairly extreme differences in politics (Reagan v. Carter, or Goldwater v. LBJ) is the degree of instability, baked-in inflationary risk, debt-to-GDP ratio, and the magnitude of regulation in the economy - suggesting that we are near a forced economic tipping point. If we crash it may be an FDR moment - crisis as the path to transformation into full out socialism. And if we drag on for another decade, somehow struggling along year to year averting disaster by the skin of our teeth, it doesn't necessarily get better. Much of the Tea Party is over 55 and most of the 20- 30 generation are ideologically to the left. That decade retires a significant portion of those who vote for fiscal conservative policies and brings into power a generation more likely to vote big government.
Our nation's new, energetic education of core issues caused by this political season's stage show will have to be very effective to overcome the negatives mentioned above. I remain hopeful, but continue to search for the right sailboat.
|
|