Bastiat on the Fiscal Cliff

 The following excerpt from Bastiat illustrates the predicament of the current regime more eloquently than I can, and he died over 150 years ago.  After 60 years of promising everything under the sun in order to gain power, they are embarrassed, or at least they should be, to admit that they have no money.  This is the so called Fiscal Cliff:

The hundred thousand mouths of the press and of the speaker’s platform cry out all at once:
“Organize labor and workmen.”
 “Do away with greed.”
 “Repress insolence and the tyranny of capital.”
“Experiment with manure and eggs.”
“Cover the country with railways.”
“Irrigate the plains.”
“Plant the hills.”
“Make model farms.”
“Found social laboratories.”
“Colonize Algeria.”
“Nourish children.”
“Educate the youth.”
“Assist the aged.”
“Send the inhabitants of towns into the country.”
“Equalize the profits of all trades.”
“Lend money without interest to all who wish to borrow.”
“Emancipate Italy, Poland, and Hungary.”
“Rear and perfect the saddle-horse.”
“Encourage the arts, and provide us with musicians and dancers.”
“Restrict commerce, and at the same time create a merchant navy.”
“Discover truth, and put a grain of reason into our heads. The mission of Government is to enlighten, to develop, to extend, to fortify, to spiritualize, and to sanctify the soul of the people.”

... And the people believe, and the people hope, and the people make a revolution! No sooner are their friends at the head of affairs, than they are called upon to redeem their pledge. “Give us work, bread, assistance, credit, education, colonies,” say the people; “and at the same time protect us, as you promised, from the taxes.”

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