I woke up this morning, poured a cup of coffee, took a look outside and beheld serenity. The city wasn’t clouded in smoke, fire and mayhem. Citizens weren’t running around screaming the “end times are here!” Illegal aliens weren’t hiding in the shadows fearing justice might befall them and their families. It was business as usual in flyover country.
But in Washington D.C., our self-proclaimed “overlords” are running around with their hair on fire. The country is in peril! What will happen to the American people if the government shuts down? How will the minions survive without the guiding hand of a federal bureaucrat?!
As far as I’m concerned, the country - that means American citizens outside the Beltway - need a respite from Washington D.C. If anything, the Trump administration has shown that the real menace and impediment to peace and prosperity is the Democratic Party.
Since our founding, the United States has had numerous recessions and depressions. We’ve had over two hundred years of practical experience to draw from. We no longer have to depend on economic theories to divine practical prosperity. What we do need is an American reclamation project in the federal government and institutions of higher learning.
King Obama could have learned from the failures of FDR and the Great Depression; but he didn't. He, like Roosevelt, thought his pen, phone and sizable ego could manhandle prosperity with regulations and dictates. To hell with capitalism, the Democratic Party and its cronies will demand regimentation, conformity and the country will accept malaise and a declining middle class.
I can say with confidence, President Trump accomplished more in one year than Obama did in eight. The keystone for this bridge to prosperity was a reduction in regulations and a tax code that rewards investment in businesses instead of Washington D.C.’s black holed coffers. Once again, history is the guiding hand from maliase to revival.
The Panic of 1837 ushered in America’s first great depression. The fault, of course, was government exuberance and expenditures; not the federal, but states were the main drivers of this economic calamity. States went on an infrastructure binge that was heavily financed through bonds bought primarily by foreign investors. They eventually overextended themselves which ended in defaults and outright repudiation of debts. A general distrust of markets, businesses and government entities brought about a decade of stagnation and malaise.
This depression brought about a reformation in the way states operated and raised revenue. Constitutions were amended and extreme restrictions were proscribed on borrowing and spending. These actions allowed states to pay off their debts which assuaged foreign investors.
Another factor that brought an end to America’s first depression was an infusion of wealth from the goldfields of California. I kind of liken this to the Republican tax reforms that allowed American businesses to repatriate corporate money from foreign countries at a lower tax rate. We’re already seeing the benefits from a common sense policy that puts people and businesses before Washington D.C. politicians and their teat squawking cronies. Employees are receiving bonuses and raises. Companies are expanding their workforce and are investing here at home. Once again, Americans are feeling good about themselves and their futures.
This tale of national loss and redemption has been repeated time after time, and for some reason we fail to learn from past mistakes. Here is an excerpt from Alasdair Roberts book:
In a sense, there was a parallel between the economic and non-economic aspects of the crises. The key feature of a financial panic is the sudden dissolution of trust within the business community. With the collapse of trust, the vast and delicate web of commercial transactions collapses and economic activity grinds to a halt. As the economy declines, however, the breakdown of trust becomes more general. Legislators and political executives stop trusting one another. Politicians who are bound by partisan or legislative compacts stop trusting one another. Employers and workers, landlords and tenants, neighbors of different races and ethnicities - all stop trusting one another. Even among nations, trust declines and is displaced by rancor and antagonism. An initial problem of decaying commercial trust degenerates into a broader and more difficult problem of decaying societal and inter-societal trust.
Democrats are masters at sowing division and discontent. Rancor and discord is the keystone to their success. Their success is dependent upon the size and scope of the federal government and its tentacles into our daily lives. Make no mistake, they do not consider the United States as the country. Washington D.C. and the federal government is their country. And for them to prosper, they must demagogue the American creed and citizens who believe in it. Hence, the insistence of a general amnesty for third-world invaders who subscribe to their centrist, one-party ideals.
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