An Education, Sort of

Most of us are not economists nor historians. Yet a surface familiarization with both disciplines provided a mighty assist in understanding, in fact in predicting recent events in national politics.

The “dreamers,” the feel-good types ignore both; these who dismiss historical economic precedent and so never bother to consider policy result have just received an education, gratis of Obama.

Given the escape from McGovern there’s been nothing like it, not FDR, not Wilson. Obama-like policy wreaked havoc with the UK post WWII, and then most of Europe; yet lessons learned there went unheaded in America on election day, 2008.

Most one-time Obama supporters have now seen first hand the object of the warnings of von Mises, Friedman, Hayek and others. Obama's threatened their personal liberty; he's hit - and this really counts - their pocket books. With the exception of a few far-left looney tunes the rest will never again pull the trigger for a statist. Well, maybe never-ever but at least not until they or their kids forget, falling prey once again to what seems the easy way out.

For now we are about to fetch a grounding; damage is to be undone, repairs to be made.

Robert Craven