EVERYBODY sneers at magic these days. Because we are all scientists now.
So Richard Fernandez chuckles as he takes a look at the widespread resort to magical thinking abroad in the world today. In Venezuela the government is out of money, but its leader President Nicolas Maduro is promising more free stuff.
Free school stipends, free housing. No cutbacks to social welfare. How would the bankrupt state pay for it? He said, that while “oil will never cost $100 again but God will provide. Venezuela will never do without.”Nor is Bolivarian Venezuela alone in this. There is a wave of "anti-austerity" politics in Europe. In addition to the Greek Syriza party, there is the Podemos party in Spain. All these countries are broke, relying on the kindness of strangers. But the politicians assure their supporters that God (i.e., the Germans) will provide.
Christopher Chantrill is a writer and conservative, and author of Road to the Middle Class. He runs usgovernmentspending.com, the go-to resource for government finance data, is a frequent contributor to the American Thinker, and blogs regularly at Rare.us. He lives in Seattle, Washington ...
Weekly opeds starting in late 2003.
Blogging starting in October 2013.
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Blog and book. People get into the middle class with the cultural capital of religion, mutual aid, education, and law.
Blog and book. What should America be like in the life after liberalism when civil society replaces the administrative welfare state?
Blog and book. What went wrong in the nightmare of the Great Depression when, for ten long years, American was stuck on stupid?
First there was TARP at $700 billion and change. But did you know that the total financial bailout of 2008, in spending and guarantees, amounted to over $20 trillion?