It certainly is true that a rising stock market, over a long period of time, is a good thing. But does that mean it is always a good development if the stock market has a big jump in one day? Or is it unambiguously bad news if there’s a significant one-day drop in financial markets? [...]
Archive for August 10th, 2011
A Rising Stock Market Is Not Always Good News and a Falling Stock Market Is Not Necessarily Bad News
Posted in Big Government, Debt, Deficit, Economics, Entitlements, Government Spending, News Appearance, tagged Big Government, Economics, Entitlements, Government Spending, News Appearance, Unfunded Liabilities, Wall Street on August 10, 2011 | 4 Comments »
English Riots, Moral Relativism, Gun Control, and the Welfare State
Posted in Big Government, Crime, Dependency, England, Gun control, United Kingdom, Welfare State, tagged Big Government, Crime, Dependency, England, Gun control, Moral Relativism, Riots, United Kingdom, Welfare State on August 10, 2011 | 28 Comments »
I wrote earlier this year about the connection between a morally corrupt welfare state and the riots in the United Kingdom. But what’s happening now is not just some left-wing punks engaging in political street theater. Instead, the U.K. is dealing with a bigger problem of societal decay caused in part by a government’s failure [...]
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