The President of the United States will unveil the details of his job creation plan in September when Congress returns from its break. Then he will also submit a plan to the 12 members of the super committee that is supposed to reduce the deficit.
I’m feeling better already that I know the President has got a “plan”. (NOT)
The President recently stated that:
“What is needed is action by Congress. It’s time for the games to stop. It’s time to put country first,” “We could do even more if Congress is willing to get in the game”
That’s what we need more “actions” by Congress. That always turns out well for us.
The President’s basic Premise is that the State should command and control the decisions that individuals make because he and his ilk are smarter and know better than they do. Hayek’s term “Fatal Conceit” is appropriate here. The Central Planners are so arrogant they think they can plan your life for you. Do you think you can spend your time and money better than the politicians and bureaucrats can? I know I do.
By understanding his basic premise I don’t need to know the details of his plan. Because I know that whatever he proposes it will be by its very existence of being a “plan” an instrument to limit individual liberty and increase the power and scope of the State. No matter what form of government intervention he proposes, it will distort the Free Market because it will deprive more people of the power to choose for themselves how they spend their time and money.
This basic premise that individuals can not judge appropriately for themselves how best to spend their time and money forces the Central Planners to reject the idea Adam Smith that there exists an “Invisible Hand”. They reject the basic premise that when individuals act in their own self-interest that in fact benefits sociey as whole. What is ironic about this is that by them pursuing their self-interst, i.e. gaining power and influence in government they believe they themselves are helping sociey as a whole.
Our whole economy is in dire straits because of previous congress’ and presidents’ plans. Couple those failed plans with the monetary debasement and price-fixing performed by the Federal Reserve and its no big secret why we are in the mess we are in. But still the arrogant ruling class calls for more and more plans to fix the failures of their past. Until individuals in great numbers realize the failures of these plans and policies and once again looks to themselves instead of the Statefor their economic wellbeing; we will continue to get plan after plan from the politicians, pundits, and professors that will force us further down the “Road to Serfdom”.
I reject the president’s plan as well as any presented by Congress which does not immediately open up currency competition in the U.S. by ending the legal tender laws (Greatly diminishing the power of the Fed), immediatley end Fractional Reserve Banking, eliminate the minimum wage, eliminate the IRS, eliminate the U.S. involvement in the U.N., World Bank, and IMF, eliminate the Dept of Labor, the Dept of Commerce, the Dept of Education, and the Dept of Energy, cut the Defense Department in half and end the wars overseas, legalize drugs, prostitution, and gambling, phase out Social Security, Medicare, and Medicaid, and eliminate all other government spending by 40%.
This is the only true “jobs plan”.
That is a “Plan” I would support because my basic premise is based upon the Natural Right to Life, Liberty and Property. The President and the central planners do not believe in Natural Rights and their basic premise is predicated on increasing the power of the State over our lives.
The plan I propose would be a plan that would increase individual liberty and diminish the power of the State. But Until individuals in this country recognize the fact that when they clamor for political planning they are in essence feeding the Leviathan which has an insatiable appetite, with more and more of their Life, Liberty and Property.
And that’s my take