Thursday, August 10, 2017

Market Competition Beats Government Intervention ALWAYS

An interesting take on Trump TV:
“It has a precedent in the Obama administration’s “West Wing Week,” which was a White House-produced weekly YouTube show about the goings-on and priorities of the Obama administration. This week, there has been much concern about the advent of “Trump TV.” Its arrival was treated as far more insidious, even panic-inducing, than Obama’s similar efforts …
… As usual, tactics that were covered under Obama as a story of evolving technology used cleverly by an innovative press shop are covered as terribly threatening under Trump.  And as usual, the answer is somewhere in the middle, not wholly dependent on which president is doing it. “Trump TV” isn’t more threatening than “West Wing Week;” it’s just more obvious about what it’s doing, and doesn’t have the admiration of much of the press abetting it. Let’s stop pretending we’ve never seen anything like it.

 I don’t have a problem with Trump TV just like I didn’t have a problem with Obama’s “West Wing.”  The only thing I resent about either attempt to get the message out is the limiting of access to competitors and letting them cover the news as they feel it should be covered.  Competition is key. 
Trump, this is a huge mistake.  You need to do better than this. 
I like this work out of Michelle Malkin.  She forgets though, nobody in the government actually works for us anymore.  It simply doesn’t work that way. 
Another example demonstrating that decentralization is superior when it comes to government programs.  One size does not fit all.  And where in the Constitution does it say the Federal government has the responsibility to dictate education.  Take this a step further and abolish the DOE.
“The vast majority of parents, 66 percent, believe their children’s report cards provide more reliable information about their children’s progress. Parents also gauge their children’s progress by how well they perform on regular homework assignments.

Why? Because parents can actually intervene with their children’s homework and work with their teachers based on their children’s progress reports.

What can a parent do with a bevy of standardized test scores they often don’t receive until weeks before a new school year?

While much of the education reform debate focuses on school choice, it’s important to remember that deciding where their children attend school is just one component of the much larger parents’ rights movement to empower them over all aspects of their children’s upbringing and education—including the ability to decide how their children’s academic progress is measured.”

If you think what is happening in Venezuela is bad and you would like to avoid that happening at home, you need to prescribe to Jacob Hornberger’s  proposals for the US response to Venezuela:
“1. Prohibit the U.S. government, including the CIA, from intervening in Venezuela. Leave Venezuela to the Venezuelans. It is no business of the U.S. government, whose meddling in the affairs of other countries has always made things worse, both for the people living there and for the American people.
Establish a free society here at home to serve as a model for the rest of the world. 2 2. Dismantle both the welfare state and the warfare state.  Place economic liberty alongside freedom of speech, religion, and press. End Social Security, Medicare, Medicaid, Obamacare, subsidies, and welfare. Repeal the minimum wage and all other economic regulations. Separate economy and the state. Separate education and the state. Abolish the income tax and the IRS. End foreign interventionism, foreign wars, foreign bases, and foreign aid. End the drug war. Dismantle the military-industrial complex, the CIA, and the NSA. Lead the world to freedom by example.”

This is the only logical and lasting solution. I urge you to have a discussion if you disagree.  You will ultimately realize you are wrong.  
Interesting conclusion from Rothbard discussing the difference between a more empirical form of economics (such as the Chicago school) and an ideological form (such as the praxeological perspective of the Austrian school).  Empiricism tends to pull economists more to the right than the left but still tends towards intervention with the likes of the Federal Reserve and fiscal policies.  An ideological view will tend towards either more socialistic/governmental views or complete laissez-faire.  I fall into the category of believing in the praxeological view and complete and total laissez-faire is the best form of (or lack thereof) governance.

 “Suffice it then to say that a leading cause of the proliferation of governmental statistics is the need for statistical data in government economic planning. But the relationship works also in reverse: the growth of statistics, often developed originally for its own sake, ends by multiplying the avenues of government intervention and planning. In short, statistics do not have to be developed originally for politicoeconomic ends; their own autonomous development, directly or indirectly, opens up new fields for interventionists to exploit.”

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