Sunday, August 2, 2009
PEEP, PEEP, PEEP
Liberalism and government growth cannot produce wealth. As Margaret Thatcher stated, the problem with socialism is that eventually you run out of other people’s money. Case in point is California, the ‘IOU’ State. They have already run out of ‘other peoples’ money. As this State considers its future, it doesn’t look rosy.
Unfortunately, liberals forget one key ingredient that makes Government programs possible. Someone, in the food chain has to deliver the goods, so non-productive parasites can feed. If no one finds it worth the effort to work, no one will. The Soviets used to joke, “They pretend to pay us, and we pretend to work”. Production and productivity under socialism collapses, and the nation state of birdies peeping for their government provided worm are no longer fed. In California, the mommy birds are leaving the nest....avoiding a very hostile business climate.
Good luck Californians, in that you may end up digging for your own worms. The Governator will more than likely wing his way to Washington.... looking for big, fat, green, worms to feed all the Collyfornia peepers (if they can find anything left). Its going to be a cold winter.