What can President Obama learn from F.D.R.?
Obama can learn from FDR how to prolong a depression years longer than any previous one in the history of the country, and can learn how to use that crisis to create government programs for acrueing more power into his own hands and into the hands of wealthy corporations. (Most regulatory agencies are taken over by the sector that they were created to regulate, and politicians know this.)
I agree with the two above posts that blogs and Internet communication, make people more savy about such sheenanigans today than they were in FDR's time, but I am concerned that so many people who aren't concerned to inform themselves, nevertheless vote.
Too much government regulation (malum prohibitum)can stifle the economy so that depression results. Too little enforcement against wealthy businesses, of laws against crimes such as monopoly and fraud cannot have a good effect on the economy. It makes one part of the economy (the part that is being allowed to break laws), the master of the remainder (the part against whom laws are being enforced). This cannot be good for that remainder. And I suppose this is what a previous respondent to the question, meant by saying that too little regulation could cause depressions--too little enforcement of justice, of malum en se.
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