Why is it that people can not equate a big bureaucracy with the current and future direction of the government? The old saying "I'm from the government and I am here to help." Is scoffed at as a joke. Wake up people. Why did you VOTE for it then. (Yes, a red vote would have just been the lesser of two evils, but you have to take what you can get.)
Thomas Sowell has an editorial here, where he says in part:
We are not talking about the Great Depression, when output dropped by one-third and unemployment soared to 25%.
What we are talking about is a golden political opportunity for politicians to use the current financial crisis to fundamentally change an economy that has been successful for more than two centuries, so that politicians can henceforth micromanage all sorts of businesses and play Robin Hood, taking from those who are not likely to vote for them and transferring part of their earnings to those who will vote for them.
For that, the politicians need lots of hype, and that is being generously supplied by the media.
Basically, this is another power grab. Things would actually be better without the government intervention. But they do it anyway, for the power.
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