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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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Faith & Purpose

“When we began first to preach these things, the people appeared as awakened from the sleep of ages—they seemed to see for the first time that they were responsible beings, and that a refusal to use the means appointed was a damning sin.”
Finke, Stark, The Churching of America, 1776-1990


Mutual Aid

In 1911... at least nine million of the 12 million covered by national insurance were already members of voluntary sick pay schemes. A similar proportion were also eligible for medical care.
Green, Reinventing Civil Society


Education

“We have met with families in which for weeks together, not an article of sustenance but potatoes had been used; yet for every child the hard-earned sum was provided to send them to school.”
E. G. West, Education and the State


Living Under Law

Law being too tenuous to rely upon in [Ulster and the Scottish borderlands], people developed patterns of settling differences by personal fighting and family feuds.
Thomas Sowell, Conquests and Cultures


German Philosophy

The primary thing to keep in mind about German and Russian thought since 1800 is that it takes for granted that the Cartesian, Lockean or Humean scientific and philosophical conception of man and nature... has been shown by indisputable evidence to be inadequate. 
F.S.C. Northrop, The Meeting of East and West


Knowledge

Inquiry does not start unless there is a problem... It is the problem and its characteristics revealed by analysis which guides one first to the relevant facts and then, once the relevant facts are known, to the relevant hypotheses.
F.S.C. Northrop, The Logic of the Sciences and the Humanities


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


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


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


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


Conversion

“When we received Christ,” Phil added, “all of a sudden we now had a rule book to go by, and when we had problems the preacher was right there to give us the answers.”
James M. Ault, Jr., Spirit and Flesh


Living Law

The recognition and integration of extralegal property rights [in the Homestead Act] was a key element in the United States becoming the most important market economy and producer of capital in the world.
Hernando de Soto, The Mystery of Capital


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©2007 Christopher Chantrill