Statists mistakenly believe the economy is a zero-sum game, in which the prosperity of one means the poverty of others. They hold this belief so tightly that it leaves them incapable of processing evidence to the contrary. Even liberals with advanced economic degrees are reduced to babbling idiots in the face of increased Treasury revenue through reduced tax rates. There is one crucial ingredient to prosperity whose supply is fixed: freedom. It is not a “renewable resource.” Every power seized by the government diminishes it. Each tax and subsidy melts down more of our liberty, to be forged into more pipes for a monstrous system of political plumbing. The ominous leaking and shuddering of those pipes heralds the utter failure and collapse of the system.
There’s nothing paranoid about pointing this out. The Tea Party critique of banks and the Fed has far too much documentation to be dismissed as a “conspiracy theory.” The assumption that government is “pure and virtuous” has led us to ruin. The truth is that once it reaches a certain size, it becomes all but incapable of virtuous action. The precious commodity of liberty has diminished so much that any further extraction of it becomes agonizing – a matter of brute force instead of persuasion. You can ask a rich man for a dollar, but you must take it from a pauper. We have all become impoverished in the coin of freedom, and in order to make his health-care scheme work, the President demands our bottom dollar.
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