Why Conservatives May be Right : Law & Politics stink

["John Gelles" <jjgelles@xxxxxxxx>]

        The great argument Milton Friedman advances against
        a Krugman Keynesian approach to government led
        spending -- to resuscitate a depressed economy, (one
        that is downsizing jobs and spending to maximize its
        cash and very liquid risk-free holdings,)  is -- that law,
        politics and government are not capable of honest
        plans and programs aimed at economic growth.

        An illustration of how things work in any legislature
        is on display in the impeachment of the US President
        for reasons that relate solely to a grab for power and
        money (by uniting emotional constituencies).  This is
        what his enemies hope to do.

        And his friends are not that different when it comes
        to any reform agenda with nothing special in it for
        them.

        The legislatures of the world behave in a very similar
        manner in every deliberation they undertake. Only in
        a war, when executive power is greatly enhanced, is
        it possible to harness democratic law and politics for
        the common good.  And even then, tyranny and
        madness may rule executive dreams and actions.

        If I admit the truth of the above, I see the great barrier
        to the Individual Estate Account, the Buffer Stock
        Employment program, Soft Currency Economics, Eisner
        Vickery views of money contra Friedman, Social Credit,
        People's Capitalism, Economics for a Civilized Society,
        solving the crisis in American (and world wide) pay,
        Krugman's cure for economic hangovers, etc.

             John Gelles       jjgelles@xxxxxxxx
                http://www.1944.org    (still with bugs)
                http://www.rain.org/~jjgelles/