This is fury

Done really well. Mark Steyn, “Planless Dems:: The ruling party has no spending plan other than to plan to spend even more“.

As I said, these are structural problems. In theory, they can be fixed. But, when you look at the nature of them, you’ve got to wonder whether they ever will be this side of societal collapse. Blockbuster went bankrupt because it was wedded to a 1980s technology and distribution system. In government, being merely a quarter-century obsolete would be a major achievement. The ruling party in Washington is wedded to the principle that an 80-year-old social program is inviolable: That’s like Blockbuster insisting in 2011 that there’s no problem with its business model for rentals of silent movies with live orchestral accompaniment. To be sure, there are some problems parking the musicians’ bus in residential streets, but nothing that can’t be worked out.

I recommend the whole thing, including this bit of useful history:

By the way, demographically speaking, these categories – “adolescents” and “retirees” – are an invention of our own time: They didn’t exist a century ago. You were a kid till 13 or so. Then you worked. Then you died.

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

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