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In case you were too busy to read all of the ATLAS SKEWERED post, here is the most pertinent paragraph of Stephen Moore's article on Ayn Rand's book published in 1957. It is a snapshot of the program of the Democrats in Congress and it is a forecast of what to expect from the next four years of an Obama administration.
For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises -- that in most cases they themselves created -- by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.
In case you were too busy to read all of the ATLAS SKEWERED post, here is the most pertinent paragraph of Stephen Moore's article on Ayn Rand's book published in 1957. It is a snapshot of the program of the Democrats in Congress and it is a forecast of what to expect from the next four years of an Obama administration.
For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises -- that in most cases they themselves created -- by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.
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