U.K. Spreads the Gospel of Austerity
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  • MarkE

    I like the charter school concept as the embodiment of accountability and competition. We should apply this concept to all the great Federal entitlements such as Medicare, Medicaid, and Social Security. It sounds scarey, but if people felt ownership of these programs they would probably be satisfied with less. It appears that we are going to have to be satisfied with less anyway, unless the competition and accountability elements produced greater efficiency. Hmm…but isn’t that what competitive markets usually do?

  • Jacksonian Libertarian

    In the US the burden of the Federal Government Monopoly has gone from a post WWII average of 18% of GDP to nearly 25% of GDP since the Democrats first budget in 2008. Only by cutting back can the economy regain the growth rates it previously enjoyed. Increased Taxes will only prolong the stagnation and would likely set a low or no growth economy in place for generations.
    You can’t fix the Government Monopoly; it lacks the feedback of competition that makes the free enterprise system so successful. All you can do is limit the damage, by limiting the size of the Government Monopoly as our founding fathers intended when they gave us the constitution.

  • Corlyss

    Methinks the cross party cooperation is because the Liberals dare not do anything that would result in the breakup of the ruling coalition, which is their only shot at a ruling gig. If the coalition fails, the Greens and Labor will be the winners, and personally I think that would be a terrible disaster for all concerned.

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