This morning my cellie and I were watching the news, and they were talking about Obama’s plan to supposedly stimulate the economy. Which, for a Democrat like Obama, basically means throwing money at the problem and forcing private companies to conduct themselves for the “good” of society.
However many gazillions of taxpayer dollars are being given away doesn’t really matter; those colossal numbers have ceased to hold any meaning. This time, however, apparently stipulations are being made that the companies that receive government money will be forced to buy American goods and services. While they may sound good, the reality is that it creates a scenario where government-induced semi-monopolies can put out whatever half-assed product they want to meet a baseline and charge whatever they want. (Of course, it also means that Washington politicians are deciding who gets what contract, which is a whole other Pandora’s Box.) Watching the news, I heard the apparent democratic solution to the problem of overcharging: price control. Now we’ve come to price controls.
A thought immediately struck me, and I turned to my cellie, who was reading a book and listening to the news at the same time. That book happens to be Atlas Shrugged by Ayn Rand, which I convinced him to read after extolling its virtues ad nauseam. I said, “This shit [what we're hearing on the news] sounds exactly like what happened in Atlas Shrugged.” My cellie laughed and said he was about to say exactly the same thing to me.
In the book, Ms. Rand laid out a surefire method for destroying an economy, toppling a great nation, and breaking the human spirit. The horror of the scenario is that it’s insidious; it disguises itself as a noble cause, as being charitable and neighborly and devoted to helping your fellow man. In the novel, the purveyors of this method, the looters, say exactly the same thing that Washington politicians are saying today: That this simply must be done for the good of the people.
Don’t get me wrong; I’m not some alarmist claiming that what happened in Ayn Rand’s fictional world is coming to pass. I’m not saying that there are “signs” of the scenario taking place. But seriously, given the massive government growth over the last several years, the interventionist policies of this new administration, the entitlement debts that keep piling up, and the instant-gratification spending of our politicians, is there a favorable ending to this anywhere in sight? Maybe I’m just missing it, but I don’t think so.