It has become a common sense view that the US economy has performed poorly under Barack Obama. The assorted punditry are all trying to explain how Obama managed to win the election despite this fact. Perhaps they should stop to consider that perhaps this fact is not a fact at all? Well, if no one else is going to do it, it might as well be me.
Tag: GDP
Misconceptions: “Obama has Vastly Increased the Size of the Government”
It is a commonly held belief that the Obama administration has been spending money all over the place, increasing the size of the government and the number of people it employs. There is a bit of a problem with this, though–it is factually inaccurate. Today I intend to illustrate and prove that this belief is not in line with reality.
Continue reading “Misconceptions: “Obama has Vastly Increased the Size of the Government””
Scottish Independence: The Spectre of Nationalism
Recently, the British government agreed to allow Scotland to hold a referendum on whether or not it desires independence from the United Kingdom. Interestingly, the Scottish government is seeking independence despite one, shall we say, minor hiccup–it is against the interest of Scotland and the Scottish people to become independent from the United Kingdom. Even if you’re not Scottish or any kind of British, this matters, because it demonstrates how very powerful nationalism remains as a force for getting people and nations to do things they absolutely should not do.
Continue reading “Scottish Independence: The Spectre of Nationalism”
Dragging Behind the Horse: Making States Bigger
Though history, states have been getting bigger. From tribes, we expanded to city-states, from city-states to feudal states, and from feudal states to the consolidated modern states of today. This process has never been easy, however. There has always been resistance to the expanding, consolidating state. The unifications of Germany and Italy required extensive military campaigning, the United States fought the civil war over the south’s resistance to a strong federal government, the French monarchs struggled to break the back of the nobility for generations, and the British struggled with rebellions from Scots, Welsh, and Irish. Yet, in the end, all of these countries unified and centralised, because it was economically necessary–as more territories became economically interlinked, the same economic laws needed to apply to larger swathes of territory. There was no other way to keep the medieval guilds in line, to achieve coordinated economic policies in the interests of the whole of society, rather than for one region against others, to reduce the need of every town and region to be self-sufficient in every economic category. The economy is the horse driving the cart of the enlarged state, but there are always people dragging behind the cart, and they’re usually the very sort of people behind setting up the previous, smaller state. But this is not merely an historical tale–states are getting bigger right now for economic reasons, impeded by people who are, once more, dragging behind the horse.
Continue reading “Dragging Behind the Horse: Making States Bigger”
The War on PBS
During the recent presidential debate, Mitt Romney said the following:
I’m sorry, Jim, I’m gonna stop the subsidy to PBS. I like PBS, I love Big Bird — I actually like you too — but I am not going to keep spending money on things [we have] to borrow money from China to pay for.
Since the debate, the left has made Romney out to be someone who hates Sesame Street and PBS, and the right has made Romney out to be someone who takes spending cuts seriously. Both completely miss the point. This statement from Romney actually tells you quite a lot about the candidate. This is a statement with far-ranging implications that matter a great deal more than even PBS’ defenders realise.