Are Politicians Like Santa Clause?


This is a portion of a post from the SFE blogger Isaac Morehouse.  Full post located here.

“…We demand to be promised a world without risk and without failure; interest rates that constantly fall and house and stock prices that constantly rise – as well as wages, but not CEO wages or profits.  These are mutually incompatible goals.  They are impossible to achieve.  Yet we demand that our politicians promise them and “do something” about them.  We might as well ask that they make it rain more and less at the same time.  Not only are they incapable of doing it, even if they could the goals are not realizable at the same time.”

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