Monday 19 December 2011

A Rabbit-hole government

Thomas Sowell writing on 'liberals' (in Australia we would call them greens) and their 'Alice in Wonderland' view of the world.

Strange how much like the Rudd/Gillard government it sounds:
Perhaps the most remarkable feature of the world envisioned by today's liberals is that it is a world where other people just passively accept whatever "change" liberals impose. In the world of Liberal Land, you can just take for granted all the benefits of the existing society, and then simply tack on your new, wonderful ideas that will make things better.
For example, if the economy is going along well and you happen to take a notion that there ought to be more home ownership, especially among the poor and minorities, then you simply have the government decree that lenders have to lend to more low-income people and minorities who want mortgages, ending finicky mortgage standards about down payments, income and credit histories.
That sounds like a fine idea in the world of Liberal Land. Unfortunately, in the ugly world of reality, it turned out to be a financial disaster, from which the economy has still not yet recovered. Nor have the poor and minorities.
If it fails then just blame someone else, preferably 'big business' and then like the mad queen...try to cut off their heads.

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