Thursday, December 31, 2009

Prospects Are Low

Here is one more post from Peter Schiff, his prescription for a decade of virtue:
However, if we can confess our sins, and vow to reform our ways, perhaps this will merely be a decade in purgatory [instead of hell]. Perhaps we can turn it into the decade of hope, hard work, individual liberty, savings, production, investment, sound money, de-regulation, exports, budget surpluses, capitalism, limited government, and respect for the Constitution. These traits will harden us to withstand the fallout from our reckless past.
Unfortunately, it seems to me that the odds of this--a libertarian political-economic definition of heaven on earth--happening are quite low, given our current cultural decadence, our paralyzed and bought-off political system, and our blissful ignorance of what makes for a strong, prosperous nation.

Sorry for the gloom and doom, but that's what I think.  I'm always hopeful, but I'm not very optimistic (the first is theological, the second is psychological and secular).

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