Sunday, January 11, 2009

Moore or Less


Stephen Moore can only be described as a cut throat conservatives. He is the type that believe that less regulation and lower taxes will cure all of societies' problems. This in fact is the exact type of thinking that got us into the mess we are in now. Unregulated markets will be our salvation. If we just unleash the genius of the American Capitalist, his selfish need for more will benefit all of us. But what actually happens is Man's selfishness lead us all over a cliff.
Anyway, I was reading the latest column by Mr. Moore. He was using a book he had read to try to prove what he thinks is correct. Now in full disclosure I haven't read this book "Atlas Shrugged" I think it was. But I'm taking some section out were he is offering an interpretation to validate his position. So actually it's his core beliefs I am criticizing. I know it shaky ground but I'm going ahead.
At one point in his article Mr. Moore says

"the moral of the story is simply this: Politicians invariably respond to crises
-- that in most cases they themselves created -- by spawning new government
programs, laws and regulations. These, in turn, generate more havoc and poverty,
which inspires the politicians to create more programs . . . and the downward
spiral repeats itself until the productive sectors of the economy collapse under
the collective weight of taxes and other burdens imposed in the name of
fairness, equality and do-goodism."

He speak as if there is some kind inevitability in the Idea that it is government that will be responsible. I'd like to know when in the boom and bust economics of Capitalism when has it been the Government that's been responsible for the bust? And don't even throw out the Russians. The Soviet Union was a failed totalitarian command economy. What was wrong with the Russian system was that you can't have Communism unless you go through a long period of Capitalism. Karl Marx spoke of a progression. You need the Capitalist Period to consolidate the means of production. Kind of like when Goggle owns everything. Mr Moore and his wing of Conservatism see the Government only in terms of the taxes he pays. If it lowers his taxes it good. If slashing Grand Ma's Health Care will cut his taxes, He's all in.
A couple times reading Moore I thought to myself. What reality does this guy live in. At one point he say's

" In the book, these relentless wealth redistributionists and their programs
are
disparaged as "the looters and their laws." Every new act of government
futility
and stupidity carries with it a benevolent-sounding title".

I'm not trying to argue that government doesn't waste a hell of a lot of money and is layered in too much buracy. But is no where near what will be the collapse of our economy. What collapses an economy is financial institution run amok. And what causes these institutions to run amok? People who argue that government regulation is the problem. Oh and by the way the ." Every new act of government futility and stupidity carries with it a benevolent-sounding title". Comment, I say only "Healthy Forrest Initiative" , "Clear Skies Initiative" and Frank Luntz.
Finally I'll finish where Mr. Moore finished.


"One memorable moment in "Atlas" occurs near the very end, when the economy has
been rendered comatose by all the great economic minds in Washington. Finally,
and out of desperation, the politicians come to the heroic businessman John Galt (who has
resisted their assault on capitalism) and beg him to help them get the economy
back on track. The discussion sounds much like what would happen today:"
No it doesn't sound anything like today. Today the "heroic businessman" is begging the government to help them get back on track.