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Censorship of Economic Data Is Problematic – Regardless of Where It Occurs
As a think tanker, I’ve always been fascinated with the rise and fall of economic affairs, along with all the case studies in recent history. One thing I have learned is that socialism doesn’t work, and as soon as the people can vote for free stuff under the auspice of democracy, they continue to vote for redistribution of wealth until they pillage and bankrupt the nation’s treasury. While all of this is happening, no politician wants to be the one to say no, and they work very hard to hide the economic data of the time in order to promote their agenda.
Detroit – A Start of America’s Decline?Detroit’s recent bankruptcy filing should be a wake up call for the federal government. The United States government should look at its policies and address them now so the federal government does not follow in Detroit’s foot paths.
Manipulation of Free-Market Economics Will Not Solve China’s Long-Term ChallengesChina has been said to be the economic miracle of the 21st century, but alas this century has just begun, and most of its solid gains had come before the millennium not after. What we’ve seen after is an attempt to run redline with 7-10% year-over-year GDP growth, something that is “unsustainable” and not only from a purely mathematical standpoint, but even in the current decade, it’s not plausible.
Socialism Isn’t Sustainable Or ScalableSometimes I wonder if I am going to be able to keep myself from laughing every time I hear the word sustainable. The reason is simple, each time I hear this word I think to myself that someone is trying to convince me of something, and all too often if you listen to what they say, and follow the actions and logic of their argument you will note that what they are calling sustainable is anything but. If we look at the laws of physics and entropy we know that nothing is truly sustainable, and therefore the word itself is an oxymoron perhaps.
The US Dollar Bill Just Won’t Go AwayWhy is it that we cannot seem to accept a dollar coin in America. The time has come to get rid of paper dollars and save the taxpayers billions of dollars.
