Sometimes you see something so dumb, you have to comment.
Your latest book is a sweeping economic history of America. In a nutshell, how did America become such an economic powerhouse?
Well, it did so as a result of collaboration between the government and the private sector and, increasingly in the 20th century, the nonprofit, academic research sector. It’s quite a different story in reality from the tale that is sometimes told of how capitalism grew up without controls in the United States, and then with the New Deal it came under regulation. In fact, the government both at the federal and the state level was deeply involved with projects for promoting the industrialization of the United States and the creation of a capitalist market from the administration of George Washington onward.
One of the ways it did so was through investing in infrastructure. We’ve had a series of ambitious infrastructure projects – the early canal system and then the transcontinental railroads that were funded by the Lincoln administration and Congress at the beginning of the Civil War, through to the interstate highway system. But government contribution to economic growth wasn’t just limited to that – it included funding basic research. For example, Congress gave a grant to Samuel Morse, who developed Morse code and the first American telegraph [in the 1840s], and the government role in R&D [research and development] became central in World War II. This continued after 1945, with Department of Defense procurement and the National Institutes of Health and other forms of basic federal R&D.
Sounds good, right? But he’s saying “we need to invest this ON TOP of everything else the federal government is already doing.”
In other words, we must have global military expansion, massive welfare state, AND get still in more debt.
The government spends more than ever. They could do exactly what Lind is talking about on a fraction of their current budget. The government has set its priorities. There isn’t going to be another New Deal. We aren’t the same country we were then.
Isn’t it funny how the liberals are also big nostalgics? The racial politics of the 1930’s and 1940’s are what made the New Deal possible. White men were allowed to run things competently back then.
Now we have an Asian professional/government/technological class that makes huge scams for government contracts, here’s one small example.
Yep, liberals, you get your diversity, but then your diversity isn’t going to distribute the goodies equitably! Your white skin will disqualify you from goodies.
Liberals want the competence and honesty, without the white genetics, and they think they can wave a liberal magic wand to make it all happen except the mean racists are preventing rainbow utopia from emerging spontaneously.
We live in a very different world. Now it’s the liberals’ turn to be nostalgic, to be the party of the squares, “the Establishment.”
We are the ones who are ahead of the curve; who can handle the Truth, and dare to see the world as it is.
The sugar coated liberal dream of niceness and the world like a big rainbow flag kindergarten is coming to an abrupt end, destroyed by its own contradictions.