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Gender Gap in High School Next They Will Lay Off the Journalists

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President Hillary Means Same-old Same-old

by Christopher Chantrill
April 19, 2006 at 4:11 pm

AFTER THE STELLAR economic growth of the last 25 years you would think that all serious presidential contenders would be talking expansively about the wonders of low tax rates and the wisdom of the market. But you would be wrong, according to Larry Kudlow. A President Hillary Clinton would take us back to the days to industrial policy and a “national investment authority.” Sounds like Old Europe. Said Hillary in Chicago:

“Tax cuts are not the cure-all for everything that ails the American economy,” and that instead we need the “right tax system [and] the right investment, including infrastructure. . . . decisions and policies that only all of us acting together through our government can make to set the stage for future prosperity.

Of course, this is suitably vague, but it does suggest a lot of top-down political control. And if the infrastructure of the nation needs investment, it is because liberals siphoned the nation’s wealth in the 1960s and 1970s into social programs, and sneered at continuing to build highways until we had paved the nation over.

Of course, no speech from a Democrat would be complete without a bit of class warfare. Said Hillary:

“America did not build the greatest economy in the world because we have rich people.”

That’s true. We built the railroads with the money of rich people in Britain. But it is also true that we have rich people in the United States because we have built the greatest economy in the world.

There is another way to grow the economy and bring prosperity to Americans. Writes Kudlow:

Two weeks ago I was in the Oval Office with President Bush and a handful of financial journalists. The president spoke to us about his growth policies and priorities, such as making tax relief permanent, keeping the tax rate on dividends and capital gains low, maintaining lean budgets, and expanding free trade.

This vision is in deep contrast to the one being set forth by Hillary Clinton. The president places the risk-taker and the entrepreneur at the center of economic growth; the presidential candidate sees government as the driving force of the economy.

Amen, brother.

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Christopher Chantrill blogs at www.roadtothemiddleclass.com.  His Road to the Middle Class is forthcoming.


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Action

The incentive that impels a man to act is always some uneasiness... But to make a man act [he must have] the expectation that purposeful behavior has the power to remove or at least to alleviate the felt uneasiness.
Ludwig von Mises, Human Action


Chappies

“But I saw a man yesterday who knows a fellow who had it from a chappie that said that Urquhart had been dipping himself a bit recklessly off the deep end.”  —Freddy Arbuthnot
Dorothy L. Sayers, Strong Poison


China and Christianity

At first, we thought [the power of the West] was because you had more powerful guns than we had. Then we thought it was because you had the best political system. Next we focused on your economic system. But in the past twenty years, we have realized that the heart of your culture is your religion: Christianity.
David Aikman, Jesus in Beijing


Churches

[In the] higher Christian churches... they saunter through the liturgy like Mohawks along a string of scaffolding who have long since forgotten their danger. If God were to blast such a service to bits, the congregation would be, I believe, genuinely shocked. But in the low churches you expect it every minute.
Annie Dillard, Holy the Firm


Civil Society

“Civil Society”—a complex welter of intermediate institutions, including businesses, voluntary associations, educational institutions, clubs, unions, media, charities, and churches—builds, in turn, on the family, the primary instrument by which people are socialized into their culture and given the skills that allow them to live in broader society and through which the values and knowledge of that society are transmitted across the generations.
Francis Fukuyama, Trust


Class War

In England there were always two sharply opposed middle classes, the academic middle class and the commercial middle class. In the nineteenth century, the academic middle class won the battle for power and status... Then came the triumph of Margaret Thatcher... The academics lost their power and prestige and... have been gloomy ever since.
Freeman Dyson, “The Scientist as Rebel”


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Danny Kruger, On Fraternity


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What distinguishes true Conservatism from the rest, and from the Blair project, is the belief in more personal freedom and more market freedom, along with less state intervention... The true Third Way is the Holy Grail of Tory politics today - compassion and community without compulsion.
Minette Marrin, The Daily Telegraph


Conversion

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James M. Ault, Jr., Spirit and Flesh


Democratic Capitalism

I mean three systems in one: a predominantly market economy; a polity respectful of the rights of the individual to life, liberty, and the pursuit of happiness; and a system of cultural institutions moved by ideals of liberty and justice for all. In short, three dynamic and converging systems functioning as one: a democratic polity, an economy based on markets and incentives, and a moral-cultural system which is plural and, in the largest sense, liberal.
Michael Novak, The Spirit of Democratic Capitalism


Drang nach Osten

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Richard Fletcher, The Barbarian Conversion


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E. G. West, Education and the State


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©2007 Christopher Chantrill