Sunday, November 22, 2009

A New Era of Feudalism in America

He [King George III] has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

- The Declaration of Independence

The growing reach of both the state and federal government, recently under the guise of preserving jobs and stimulating the economy, stands to burden our economy with unfathomable levels of debt and growth inhibiting spending. The success of the U.S. economy has been driven by private risk taking, innovation, and an innate belief that hard work will lead to individual achievement. With government assuming an ever greater role in our economy, individual efforts become less important as lobbying and political connections rule the day. Power hungry politicians establish new bureaucracies to regulate all aspects of personal behavior and displace private service providers with public goods administered by corrupt officials. Rather than relying on individual accountability and personal choice, politicians bend to powerful special interests to the detriment of society as a whole. In the process, they perpetuate the status quo, limiting the opportunity for innovation to displace entrenched interests and inhibiting the growth of the middle class. The public may believe that they benefit from government largess, but the ultimate impact will be lower economic growth, inferior products and services, declining global competitiveness, and a lower standard of living.

Let’s hope that the new government Czars and bureaucracies with their swarming armies of government drones will be disbanded before they extinguish the innovative and creative spirit of the American people. If not, our society will become a collection of subservient and overly coddled dependent children that subside on the handouts of the entrenched elite. As more and more misguided policies emerge while the populace abdicates all responsibility for their own behavior, we digress even further into the paternalism of big government and an era of feudalism that will inevitably become the “dark ages” of America.