I see no proof that there's a difference between central planning and bad central planning.
Proof, eh?
How about China? I think we agree that the central planning done by The United States over the last 50 years has been somewhat lacking in vision, to say the least. Over those same 50 years the Chinese have discovered and implemented freedom in the market place, guided by strict central planning.
Who now owes who more money than God could repay?
Did China create Utopia? Hell no! Nobody will argue that the Chinese Government has done
everything right, but they did end up on the correct side of a
$13 Trillion mortgage. And they did it by planning for their future
as a Nation while we, rich and poor alike, kept asking our government "What's in it for me" and accepted the huge transfer of wealth from our future, using China and the Arabs as the bankers and paying a hefty commission to our "planning committee" in the process.
The sooner we realize how stupid we look from space, the sooner we can start planning,
as a Nation, for a better future.
-Joe