In response to:

The Economy Needs No Conductor

c5c5c5 Wrote: Apr 18, 2012 10:41 PM
An accurate analogy is this: We are in a bus that is on a highway to drive off of a cliff. There are no brakes, no steering wheel, and no reverse. Both the Dems and the GOP are driving. The difference between the two is not the destination but rather the driving styles. The Dems prefer pedal to the metal off the cliff while the GOP prefers driving the speed of a geezer off the cliff. Same destination but different speeds. The GOP prefers to think they are not on the same track and will argue that their goals are different...but the truth hurts.

We spend too much time waiting for orders -- and money -- from Washington.

The collapse of the housing bubble gave politicians a license to do what they wanted to do all along: spend. The usual checks on extravagance, weak as they are, were washed away. Budgets? We'll worry about that later. Inflation? We'll worry about that later.

As I point out in my brand new book, "No, We Can't: Why Government Fails -- and Individuals Succeed," a true free market doesn't require much. It's not like an orchestra in need of a conductor. What it needs is property rights, so...