The US economic revolution is Republican—but should be bipartisan | article
Article on US economic reform
Nothing is so permanent as a temporary government program – Milton Friedman
When it comes to government spend and regulatory overreach in America—things cannot go on as they have in recent years. Simply put, the country is going bankrupt. Unless regulations are drastically reduced and innovative builders are allowed to actually build—the bottom of the US economy is going to fall out—and soon. Can’t we all agree?
The stranglehold of government funded programs and unelected government departments that cost billions to operate, employing tens of thousands of absent staff—now has a stranglehold over the US economy. This has led only to epic amounts of wasteful spending that is often unable to be even tracked. In the digital age!
I mean is it any surprise that in California they can no longer audit spending accurately or build infrastructure? Especially when you consider the sheer volume of regulations that only incentivise the further protection of redundant government positions funded by taxpayer dollars. These commies in Cali are overseeing the stifling of an American economic juggernaut (think past tense) in favour of more rules and more misspends and less accountability. The current incentive structure of government was made by design to ensure lobbyists control their chosen industries/politicians and government employees are left to have—not so much to not do. Just look at the bridge to nowhere that is the high-speed rail track currently not being built at zero miles per hour. Now couple this with the 25 billion allocated to fight homelessness in the state, and what do you get? Unfinished new builds caused by stifling regulation and incompetency PLUS an increase in crime and homelessness.
But why? Regulation, corruption and government overreach—that’s why. Coupled with a current administration that’s seemingly addicted to overspending and dedicated to the misallocation of taxpayer funds. Funds that have little to no external oversight. California, as an example, well, it has been a disastrous waste of taxpayers’ money in the most HEAVILY TAXED American state. Gavin Newsom is a dummy who belongs to the old guard. One part charismatic and virtue signalling, the other political hack with no real clue about what he is doing, but enough personality to appear as if he does. Under Gavin Newsom, the state has driven out tech and retail industries, battering a once wealthy economy with taxes as a replacement to growth—shameful. What did the people get? an increase in crime, drugs and homelessness rates. But don’t worry, you’ll never have to show voter ID there—even if you want to!
This type of government program state run BS is exactly what is destroying the American economy. And remember, the fabric of American society is capitalism. Couple so many societal disasters with over regulation (to appease and give control to lobbyists and government hacks who oversee redundant gov. departments) the way things are being run currently in the States, well, it’s a choke hold on a nation that if run correctly—is ready for an economic sonic boom. But ONLY if government programs are hacked away and a reduction in positions is made in favour of individual financial freedoms. Riddle me this: how the hell can you not audit 25 billion dollars in the data driven 21st century?
But don’t worry—the times, they are a changing. Hopefully. Enter DOGE, the Department of Government Efficiency, an advisory group that will be led by rebels like Elon and Vivek with competency at the heart of what they do. These two ( Rand Paul is also onboard, more to come) have enough business acumen to gut government programs that only take from taxpayers and never give back. Look at X—Elon gutted 75% of staff and it works as it always did—even better, some might say. Let these rebels gut useless government programs that are so complex, corrupt and bloated—some of these grants have expired and are still being funded. Unelected bureaucrats—they need to go.
Honestly, look at the list below, it’s like money laundering at this point, a complete illogical dumpster fire of government program funding. And who chose to spend this way? The democrats, of course. This is why the republicans are now in power and leading the revolution—because democrats refused to accept that this cannot continue and that if it does—the economy will collapse.
The role of the government in a free society is a topic in Nobel Prize winning economist, Milton Freedom’s most distinguished book, Capitalism and Freedom. It’s well worth a read. Maybe the focus should be the role of the government is to protect a free society—I don’t know. Anyway, I enjoyed Milton’s views on the role of the government because they spoke to individual choice and personal autonomy:
In light of too much communist and free market rhetoric being thrown about during a hostile US election, I reread The Communist Manifesto by Marx and Engels, and Capitalism and Freedom by Freedom—highly recommend both. It is important to educate oneself and understand the extreme ends of any debate or argument. Especially when you consider the ceiling is full of cracks and 36 trillion dollars of national debt is threatening the economic infrastructure of American society.
Surely, we can all agree something radical has to change in government? And surely we can also agree that constantly printing money and student debt relief is a non-sustainable approach to financial woe. And do not get me started on proxy wars. The horror. Where is the liberty, meritocracy and equality in all of that none sense spending? The partisan gap in approving such relief funded by government programs, well, it only emphasises the attitude divide of left and right, in a nation suffering economic crisis. But there should not be a divide. This should be a unified conversation full of common sense. Americans are paying for all this misspend and employees who refuse to go to work and programs that are no longer even running.
So, why is this not a bipartisan issue? Why is it that people don’t seem to see that forgiving student debt chosen to be taken on by individuals in the first place, at a time of potential economic collapse, is in fact leading to financial ruin? This is a deeper question one supposes, one that no doubt would lead to revelations of further government corruption funded by programs that have no accountability due to a lack of visibility. Following the money in politics has become impossible—and it is the peoples money. But if the people miss a dollar out on a tax return—that’s another story, one for the IRS.
Simplification and exposure as to where government money is going (taxpayers’ money) will lead to shocking revelations, no doubt. But this slap in the face clarity will lead to sudden accountability and in turn, may actually allow the incentive structure of more regulations to secure more government programs that protect more absent government employees and corporate doners to finally be addressed.
Tell me, why on earth are there so many words in regulatory guidelines? How has this blob of government agencies grown so big and ugly? What benefit does it bring to a permit seeker looking to build or a hairdresser looking to start a business? The highest paid government earners per capita in America are all in Washington—public servants getting rich off policies and regulations—many of which are forced upon Americans, not voted on in congress. It’s bonkers. It really is.
The time has come for extreme financial reform. Now comes the moment to gut the government and make people accountable for hardworking American tax dollars. It is time to cease waste and misspend and overreach of government. Make accountable those who are not accountable for misappropriation of funds. And this should only and ever be a bipartisan issue. If achieved, what do Americans get? An economic revolution led by tech and constant innovation that leads to growth that stimulates and then accelerates the world’s largest economy (for now). Let’s see what happens next—promises made should of course, be promises kept.