If one is a government-worshipper, i.e., Liberal, one not only gives obeisance to same, but views it as defined in a similar way as God is defined by religious folks.
In other words as omniscient.
That is the reason politicians who have never run anything for a profit....and you know of whom I speak....are credited with investing taxpayer money in private business.....
What has history taught.....and, as learning is in short supply on the Left, the question applies only to clear thinkers, i.e., conservatives.
Government's attempts to mirror the successes of the private economy is based, in part on the best of intentions. On the obverse, it is based on the mistaken view that having power is deserving power, and represents an ability and expertise not in evidence.
When Obama rammed thorough a $ trillion "stimulus," based on 'shovel-ready jobs,' he later had to admit that they didn't exist.
This failure was hardly the first.....
1. A major industry in early America was the buying and selling of beaver pelts, and it was one of the first targets of government subsidies. Kettles, blankets, axes, muskets were used to trade for the skins.
2. Under President Washington, government would grant monopolies if such provided political gain. In this case, Washington saw the British fur trade as an impediment, enhancing Indian loyalties, and inhibiting US expansion. Believing that private traders couldn't compete with the established British, Washington wanted the government to build and operate large trading posts.
Francis Paul Prucha, "The Great Father: The United States Government and the American Indians," p.31-36
a. Congress appropriated funds, eventually $300,000 for the enterprise.
This was the a test of government's ability to succeed in business.
Wanna guess?
3. In 1816, President Monroe appointed Thomas McKenney to take over a business that was not doing well. In McKenney, one can see the flaw that appears repeatedly in bureaucrats: having power and authority, they are convinced that same is due to their knowledge, expertise, wisdom; an inveterate human weakness.(cough...cough...Obama....)
a. This failing is inseparable from the Progressive philosophy. In fact, it is the Progressives' desire to free bureaucratic agencies from the confines of politics and the law that allows us to trace the origins of the administrative state to their political thought. Woodrow Wilson placed a premium on expertise. Therefore, this new class would be the experts, the people with mastery over all the principles and details. Educated specialists who were possessed of insight beyond the masses and certainly beyond that of mere politicians.
Barack Obama, Woodrow Wilson and the Administrative State » Behind Blue Lines
4. To drive home the difference between the private market's exponents, and government 'experts,' compare McKenney with John Jacob Astor. Once Astor, an immigrant, became interested in the fur trade, he studied it, learned the prices, markets, routes, traded cautiously at first, and applied a prodigious acumen! He saw the trade's international potential: selling furs to China, and bringing tea back!
a. " In the free market, every man, woman and child is scheming to find a better way to make a product or service that will make a fortune!"
David Mamet.
5. Under Astor, the American Fur Company resembled a modern corporation with specialists, division of labor, and vertical integration. He ran the company from New York, with agents throughout the Northwest Territory in log cabins stocked with goods. They supplied fur traders who would live with the different Indian tribes and supply them with goods and credit as needed.
Folsom and Folsom, "Uncle Sam Can't Count," p.17.
6. Astor traded the best supplies available at reasonable rates: he didn't restrict himself to American made, more expensive models. His British-made blue-striped blankets were 15% cheaper than McKenney's lower quality blankets made in America; he bought British-made Tower muskets, the best on the market, for $10 apiece, while McKenny paid $12.50 for Henry Deringer's Philadelphia-made guns.
Gilman, " Where Two Worlds Meet: The Great Lakes Fur Trade," p. 86
a. One can hardly miss the similarity to the Wal-Mart business model.
Private enterprise versus government attempts.....Which one wins?
In other words as omniscient.
That is the reason politicians who have never run anything for a profit....and you know of whom I speak....are credited with investing taxpayer money in private business.....
What has history taught.....and, as learning is in short supply on the Left, the question applies only to clear thinkers, i.e., conservatives.
Government's attempts to mirror the successes of the private economy is based, in part on the best of intentions. On the obverse, it is based on the mistaken view that having power is deserving power, and represents an ability and expertise not in evidence.
When Obama rammed thorough a $ trillion "stimulus," based on 'shovel-ready jobs,' he later had to admit that they didn't exist.
This failure was hardly the first.....
1. A major industry in early America was the buying and selling of beaver pelts, and it was one of the first targets of government subsidies. Kettles, blankets, axes, muskets were used to trade for the skins.
2. Under President Washington, government would grant monopolies if such provided political gain. In this case, Washington saw the British fur trade as an impediment, enhancing Indian loyalties, and inhibiting US expansion. Believing that private traders couldn't compete with the established British, Washington wanted the government to build and operate large trading posts.
Francis Paul Prucha, "The Great Father: The United States Government and the American Indians," p.31-36
a. Congress appropriated funds, eventually $300,000 for the enterprise.
This was the a test of government's ability to succeed in business.
Wanna guess?
3. In 1816, President Monroe appointed Thomas McKenney to take over a business that was not doing well. In McKenney, one can see the flaw that appears repeatedly in bureaucrats: having power and authority, they are convinced that same is due to their knowledge, expertise, wisdom; an inveterate human weakness.(cough...cough...Obama....)
a. This failing is inseparable from the Progressive philosophy. In fact, it is the Progressives' desire to free bureaucratic agencies from the confines of politics and the law that allows us to trace the origins of the administrative state to their political thought. Woodrow Wilson placed a premium on expertise. Therefore, this new class would be the experts, the people with mastery over all the principles and details. Educated specialists who were possessed of insight beyond the masses and certainly beyond that of mere politicians.
Barack Obama, Woodrow Wilson and the Administrative State » Behind Blue Lines
4. To drive home the difference between the private market's exponents, and government 'experts,' compare McKenney with John Jacob Astor. Once Astor, an immigrant, became interested in the fur trade, he studied it, learned the prices, markets, routes, traded cautiously at first, and applied a prodigious acumen! He saw the trade's international potential: selling furs to China, and bringing tea back!
a. " In the free market, every man, woman and child is scheming to find a better way to make a product or service that will make a fortune!"
David Mamet.
5. Under Astor, the American Fur Company resembled a modern corporation with specialists, division of labor, and vertical integration. He ran the company from New York, with agents throughout the Northwest Territory in log cabins stocked with goods. They supplied fur traders who would live with the different Indian tribes and supply them with goods and credit as needed.
Folsom and Folsom, "Uncle Sam Can't Count," p.17.
6. Astor traded the best supplies available at reasonable rates: he didn't restrict himself to American made, more expensive models. His British-made blue-striped blankets were 15% cheaper than McKenney's lower quality blankets made in America; he bought British-made Tower muskets, the best on the market, for $10 apiece, while McKenny paid $12.50 for Henry Deringer's Philadelphia-made guns.
Gilman, " Where Two Worlds Meet: The Great Lakes Fur Trade," p. 86
a. One can hardly miss the similarity to the Wal-Mart business model.
Private enterprise versus government attempts.....Which one wins?
