Seneca
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Despair, of course, is the antithesis of hope while decay is certainly
change, it is not the change that American people want.
Right now the percentage of Americans of working age that is unemployed is
greater than at any time since the Great Depression
of Democrat FDR. And Obama's federal deficit spending per annum is twice
that of Bush 43 and four times that of Ronald Reagan's administration. The
U.S. federal debt is approaching a nightmarish $16 trillion dollars, putting
America in a hole it can never get out of without bankruptcy and economic
chaos.
But the American people are ultimately to blame. They, with their liberal
media, elected an ill-educated, pot-smoking, cocaine
sniffer former hippie as their president. So what could they expect?
--
Tax-supported universities are under the sway of the party in power. The
authorities try to appoint only professors who are ready to advance ideas
of which they themselves approve.
All non-socialist governments are today firmly committed to interventionism,
they appoint only interventionists. In
their opinion, the first duty of the university is to sell the official
social philosophy,
to the rising generation. They have no use for economists. (Ludwig von
Mises, "Human Action".