Another Nail in the Secular Socialist Coffin!

The silence from progressives is deafening in response to nails being pounded into the secular socialist coffin. Clinton said it: "Big government is over." He didn't believe it but his political instincts revealed the truth. In a week's time fourteen years after that statement, the Nobel Prize for Economics and for Peace were awarded to private enterprise researchers. Fact is that neither of the awarded plow new ground. What's unique and record breaking is that the extremely liberal Swedes are now recognizing that the socialist "government is the answer" political foundation is crumbling.

The Prize for Economics was awarded to Edmund Phelps. Phelps is a professor of economics at Columbia University in New York City. The Royal Swedish Academy of Sciences honored professor Phelps for his work in macroeconomics. That is the study of large forces that affect economies at the national or international level.

Phelps correctly identified the relationship between unemployment and inflation. Since the nineteen thirties, policymakers in many nations dealt with unemployment in the same way. They would let inflation increase to create jobs. Policymakers accepted that reducing unemployment required higher inflation for most of the 20th century. But he discovered that inflation hurt job creation, over the long term.

The fact that the Royals are publicly accepting that productivity and innovation are the job creators, not government actions, might just be America's progressives' most damaging moment. Imagine that America's over 30 million government workers are employed, compensated, and promised unfunded retirement and health-care riches based on inflation, not on real work. No wonder the silence.

Worse news for secular progressives is the just awarded Nobel Peace Prize to Muhammad Yunus for organizing Grameen Bank. Professor Yunus decided that government programs for the poor were not benefiting the needy, rather these programs employed the educated with jobs for life. The bank was formally established in 1983 and exploded in the early 1990s when the UN provided data that showed that "President Reagan tax cuts and his concept of economic globalization had lifted more poor than all government programs combined." It was commerce and working that offered hope and opportunity to the poor everywhere.

John F Kennedy is worshiped for saying among other things something like: "giving a fish to a poor person feeds him but teaching him how to fish sustains his life." Further, JFK demanded in his inauguration: "Ask not what your government can do for you, ask what you can do for your government?" Yet his adherents and worshipers didn't hear the call. Yunus did. By May, 2006, over 6 million micro-credit loans have been made to the very poor and very needy worldwide through Grameen. And dozens of Grameen-like micro-lenders are now plying their trade among the world's NGOs. Today more than 20 million micro-loan funded free-enterprise companies are providing an income for their owners and employment for another 250 million more. Today big government taxation is their oppressor not their savior.

I wonder how much Kool-Aid needs to be dispensed to keep secular progressives and their followers thinking that destroying capitalism will cure all the world's ills? Seems reasonable that progressives' hate and envy are negatives, not a foundation for a world movement.

.