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	<title>Comments on: Decline is Not Inevitable</title>
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	<description>Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago boys including those pictured above.</description>
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		<title>By: Marid</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-414097</link>
		<dc:creator>Marid</dc:creator>
		<pubDate>Wed, 07 Nov 2012 07:35:40 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-414097</guid>
		<description>Your IPhone is now a WePhone (there is no “I” under socialism). It will be redistributed to those who have less thanyou.
&lt;a href=&quot;http://www.isitdownjustforme.com&quot; rel=&quot;nofollow&quot;&gt;www.isitdownjustforme.com&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>Your IPhone is now a WePhone (there is no “I” under socialism). It will be redistributed to those who have less thanyou.<br />
<a href="http://www.isitdownjustforme.com" rel="nofollow">http://www.isitdownjustforme.com</a></p>
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		<title>By: Joe Citizen</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-414030</link>
		<dc:creator>Joe Citizen</dc:creator>
		<pubDate>Tue, 06 Nov 2012 20:52:43 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-414030</guid>
		<description>” I don’t think most voters in the Northeast have a basic fundamental concept that an economy doesn’t “just happen.” ”

Hmmm..amazing then, isn&#039;t it, that they somehow have managed to become the wealthiest, most successful area of the country...&#039;

&quot;More and more it looks like the long term blue regions in the northeast and now California are becoming the millstones around the necks of the rest of us.&quot;

Sorry to be blunt, but this is just delusional. The Northeast and California are net contributors to the great federal wealth redistribution machine. The red states are, overwhelmingly, the takers. Do basic facts of economics not manage to intrude into your world view at all?

What is it with conservatives and the &quot;facts of reality&quot;? What will it take for you folks to break out of your self-created bubble and rejoin the real world?</description>
		<content:encoded><![CDATA[<p>” I don’t think most voters in the Northeast have a basic fundamental concept that an economy doesn’t “just happen.” ”</p>
<p>Hmmm..amazing then, isn&#8217;t it, that they somehow have managed to become the wealthiest, most successful area of the country&#8230;&#8217;</p>
<p>&#8220;More and more it looks like the long term blue regions in the northeast and now California are becoming the millstones around the necks of the rest of us.&#8221;</p>
<p>Sorry to be blunt, but this is just delusional. The Northeast and California are net contributors to the great federal wealth redistribution machine. The red states are, overwhelmingly, the takers. Do basic facts of economics not manage to intrude into your world view at all?</p>
<p>What is it with conservatives and the &#8220;facts of reality&#8221;? What will it take for you folks to break out of your self-created bubble and rejoin the real world?</p>
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		<title>By: David Foster</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-414028</link>
		<dc:creator>David Foster</dc:creator>
		<pubDate>Tue, 06 Nov 2012 20:27:47 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-414028</guid>
		<description>Also--Election Day Thoughts, from Cassandra:

http://www.villainouscompany.com/vcblog/archives/2012/11/election_day_th.html#comments</description>
		<content:encoded><![CDATA[<p>Also&#8211;Election Day Thoughts, from Cassandra:</p>
<p><a href="http://www.villainouscompany.com/vcblog/archives/2012/11/election_day_th.html#comments" rel="nofollow">http://www.villainouscompany.com/vcblog/archives/2012/11/election_day_th.html#comments</a></p>
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		<title>By: Ginny</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-414002</link>
		<dc:creator>Ginny</dc:creator>
		<pubDate>Tue, 06 Nov 2012 16:19:34 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-414002</guid>
		<description>Thanks, Foster.  This is both thoughtful and bracing. 
We aren&#039;t learning from history - but that is because history has been fragmented, students don&#039;t see the patterns. However, Americans seem to hunger for that perspective - look at the popularity of books on the Founders, on Lincoln, on war, on the early years.  That is a reservoir, too, that may be called on in the next few years.</description>
		<content:encoded><![CDATA[<p>Thanks, Foster.  This is both thoughtful and bracing.<br />
We aren&#8217;t learning from history &#8211; but that is because history has been fragmented, students don&#8217;t see the patterns. However, Americans seem to hunger for that perspective &#8211; look at the popularity of books on the Founders, on Lincoln, on war, on the early years.  That is a reservoir, too, that may be called on in the next few years.</p>
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		<title>By: David Foster</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-414000</link>
		<dc:creator>David Foster</dc:creator>
		<pubDate>Tue, 06 Nov 2012 16:13:52 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-414000</guid>
		<description>One more link. 

Sarah Hoyt--It&#039;s all about love:

http://pjmedia.com/tatler/2012/11/06/all-you-need-is-love/</description>
		<content:encoded><![CDATA[<p>One more link. </p>
<p>Sarah Hoyt&#8211;It&#8217;s all about love:</p>
<p><a href="http://pjmedia.com/tatler/2012/11/06/all-you-need-is-love/" rel="nofollow">http://pjmedia.com/tatler/2012/11/06/all-you-need-is-love/</a></p>
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		<title>By: David Foster</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413990</link>
		<dc:creator>David Foster</dc:creator>
		<pubDate>Tue, 06 Nov 2012 14:34:57 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413990</guid>
		<description>Some worthwhile links:

Robert Avrech--Days of Heaven:

http://www.seraphicpress.com/days-of-heaven/

Neptunus Lex, from last year--Fear and Envy:

http://www.neptunuslex.com/2011/11/06/fear-and-envy/

Who to call if you suspect vote fraud:

http://pjmedia.com/tatler/2012/11/05/vote-fraud-who-you-gonna-call/</description>
		<content:encoded><![CDATA[<p>Some worthwhile links:</p>
<p>Robert Avrech&#8211;Days of Heaven:</p>
<p><a href="http://www.seraphicpress.com/days-of-heaven/" rel="nofollow">http://www.seraphicpress.com/days-of-heaven/</a></p>
<p>Neptunus Lex, from last year&#8211;Fear and Envy:</p>
<p><a href="http://www.neptunuslex.com/2011/11/06/fear-and-envy/" rel="nofollow">http://www.neptunuslex.com/2011/11/06/fear-and-envy/</a></p>
<p>Who to call if you suspect vote fraud:</p>
<p><a href="http://pjmedia.com/tatler/2012/11/05/vote-fraud-who-you-gonna-call/" rel="nofollow">http://pjmedia.com/tatler/2012/11/05/vote-fraud-who-you-gonna-call/</a></p>
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		<title>By: mr black</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413981</link>
		<dc:creator>mr black</dc:creator>
		<pubDate>Tue, 06 Nov 2012 12:59:24 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413981</guid>
		<description>Personally, I think that choice was offered decades ago through the great society. America chose the easy and secure path, the decline has been building up speed since not long after the choice was made. A dictator could reverse that decline but a democracy of ignorant, entitled and scared people has no chance.  It&#039;s far too late to talk about recovery when you&#039;ve already gone over the edge of the cliff, there is simply no recovery this far down, the debt cannot be paid. It&#039;s default and ruin first, then maybe rebuilding.</description>
		<content:encoded><![CDATA[<p>Personally, I think that choice was offered decades ago through the great society. America chose the easy and secure path, the decline has been building up speed since not long after the choice was made. A dictator could reverse that decline but a democracy of ignorant, entitled and scared people has no chance.  It&#8217;s far too late to talk about recovery when you&#8217;ve already gone over the edge of the cliff, there is simply no recovery this far down, the debt cannot be paid. It&#8217;s default and ruin first, then maybe rebuilding.</p>
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		<title>By: Bill Brandt</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413913</link>
		<dc:creator>Bill Brandt</dc:creator>
		<pubDate>Tue, 06 Nov 2012 05:14:18 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413913</guid>
		<description>This election reminds me so much of the Reagan-Carter race. Not that I think Romney is Reagan reincarnated, but that same pessimism was prevalent after 4 years of Jimmy Carter. 

After 2-3 years of Ronald Reagan that optimism was back.</description>
		<content:encoded><![CDATA[<p>This election reminds me so much of the Reagan-Carter race. Not that I think Romney is Reagan reincarnated, but that same pessimism was prevalent after 4 years of Jimmy Carter. </p>
<p>After 2-3 years of Ronald Reagan that optimism was back.</p>
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		<title>By: Jim Miller</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413868</link>
		<dc:creator>Jim Miller</dc:creator>
		<pubDate>Tue, 06 Nov 2012 01:19:54 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413868</guid>
		<description>According to this &lt;a href=&quot;http://www.kqed.org/news/story/2012/09/13/107640/can_marriage_save_single_mothers_from_poverty&quot; rel=&quot;nofollow&quot;&gt;article&lt;/a&gt;, Isabel Sawhill of Brookings was the first person to come up with those three.</description>
		<content:encoded><![CDATA[<p>According to this <a href="http://www.kqed.org/news/story/2012/09/13/107640/can_marriage_save_single_mothers_from_poverty" rel="nofollow">article</a>, Isabel Sawhill of Brookings was the first person to come up with those three.</p>
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		<title>By: Jim Miller</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413867</link>
		<dc:creator>Jim Miller</dc:creator>
		<pubDate>Tue, 06 Nov 2012 01:13:23 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413867</guid>
		<description>One of the three things to do if you want to stay out of poverty that I&#039;ve seen is: stay in your first full-time job at least a year.
If I recall correctly, the other two were graduate from high school and have no children until after you are married.

(But there may be other lists.)</description>
		<content:encoded><![CDATA[<p>One of the three things to do if you want to stay out of poverty that I&#8217;ve seen is: stay in your first full-time job at least a year.<br />
If I recall correctly, the other two were graduate from high school and have no children until after you are married.</p>
<p>(But there may be other lists.)</p>
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		<title>By: Mike Doughty</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413839</link>
		<dc:creator>Mike Doughty</dc:creator>
		<pubDate>Mon, 05 Nov 2012 22:49:32 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413839</guid>
		<description>David, this is extremely well put.

Many of these things are fairly easy to fix, but only if we as a country have the WILL to do so.

Reducing the influence of lawyers is, I think, the most problematic.

Thanks for the analysis.</description>
		<content:encoded><![CDATA[<p>David, this is extremely well put.</p>
<p>Many of these things are fairly easy to fix, but only if we as a country have the WILL to do so.</p>
<p>Reducing the influence of lawyers is, I think, the most problematic.</p>
<p>Thanks for the analysis.</p>
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		<title>By: Jason in LA</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413830</link>
		<dc:creator>Jason in LA</dc:creator>
		<pubDate>Mon, 05 Nov 2012 22:09:30 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413830</guid>
		<description>&quot;I think this is Obama’s view of such things. He is convinced that the economy will recover, no matter what he does to it, and he fears that Romney will “get the credit” when it inevitably recovers.&quot;

I&#039;m still waiting for &quot;Recovery Summer 2010&quot;....I bought my concert shirt and everything. ;-)</description>
		<content:encoded><![CDATA[<p>&#8220;I think this is Obama’s view of such things. He is convinced that the economy will recover, no matter what he does to it, and he fears that Romney will “get the credit” when it inevitably recovers.&#8221;</p>
<p>I&#8217;m still waiting for &#8220;Recovery Summer 2010&#8243;&#8230;.I bought my concert shirt and everything. ;-)</p>
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		<title>By: Mike K</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413828</link>
		<dc:creator>Mike K</dc:creator>
		<pubDate>Mon, 05 Nov 2012 21:55:26 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413828</guid>
		<description>&quot; I don’t think most voters in the Northeast have a basic fundamental concept that an economy doesn’t “just happen.” &quot;

Shannon, I think this is Obama&#039;s view of such things. He is convinced that the economy will recover, no matter what he does to it, and he fears that Romney will &quot;get the credit&quot; when it inevitably recovers. Roosevelt had similar ignorance but he had the excuse that it hadn&#039;t happened before. At the time, there was no chance that he could learn from Harding because the depression of 1920 was unknown. All they knew was the &quot;roaring 20s,&quot; which was a bad example for everyone. They were determined to prosecute Sam Insull, who had had a significant positive impact on the prosperity. All he needed was a guy like Romney to run his business.</description>
		<content:encoded><![CDATA[<p>&#8221; I don’t think most voters in the Northeast have a basic fundamental concept that an economy doesn’t “just happen.” &#8221;</p>
<p>Shannon, I think this is Obama&#8217;s view of such things. He is convinced that the economy will recover, no matter what he does to it, and he fears that Romney will &#8220;get the credit&#8221; when it inevitably recovers. Roosevelt had similar ignorance but he had the excuse that it hadn&#8217;t happened before. At the time, there was no chance that he could learn from Harding because the depression of 1920 was unknown. All they knew was the &#8220;roaring 20s,&#8221; which was a bad example for everyone. They were determined to prosecute Sam Insull, who had had a significant positive impact on the prosperity. All he needed was a guy like Romney to run his business.</p>
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		<title>By: veryretired</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413819</link>
		<dc:creator>veryretired</dc:creator>
		<pubDate>Mon, 05 Nov 2012 21:05:08 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413819</guid>
		<description>Shannon--- we&#039;re probably citing two variations of the same theme. The whole point is that stable, successful lives are not accidental, but the product of thoughtful action, including self-denial, and revolve around a carefully maintained family structure.

At larger levels in the social fabric, these ideas remain valid, even as they are modified to fit a different context.

Illegitimacy is a disaster. Lack of education is a disaster. Criminal behavior is a disaster, which includes, most emphatically, twisting the law to reward one side&#039;s friends and punish the other side&#039;s allies.

And, above all, energy must be released, both in the mechanical sense, as in the various forms of energy which are now being blocked by obstructionist politics, and in the personal, creative sense.

In the final analysis, the society which unleashes the creative energy of it&#039;s people, and allows them to reap the rewards they are due, owns the future.</description>
		<content:encoded><![CDATA[<p>Shannon&#8212; we&#8217;re probably citing two variations of the same theme. The whole point is that stable, successful lives are not accidental, but the product of thoughtful action, including self-denial, and revolve around a carefully maintained family structure.</p>
<p>At larger levels in the social fabric, these ideas remain valid, even as they are modified to fit a different context.</p>
<p>Illegitimacy is a disaster. Lack of education is a disaster. Criminal behavior is a disaster, which includes, most emphatically, twisting the law to reward one side&#8217;s friends and punish the other side&#8217;s allies.</p>
<p>And, above all, energy must be released, both in the mechanical sense, as in the various forms of energy which are now being blocked by obstructionist politics, and in the personal, creative sense.</p>
<p>In the final analysis, the society which unleashes the creative energy of it&#8217;s people, and allows them to reap the rewards they are due, owns the future.</p>
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		<title>By: Shannon Love</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413818</link>
		<dc:creator>Shannon Love</dc:creator>
		<pubDate>Mon, 05 Nov 2012 21:02:36 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413818</guid>
		<description>I note that a lot of problems such as &quot;decaying infrastructure&quot; are concentrated in the old industrial northeast. Not exclusively but mostly both absolutely and relative to the amount of local infrastructure.  Those regions have destroyed their industrial base through unions, environmental laws and expensive power. They unionized government services which everyone pays more tax per unit of service. That means that only do they have less money for infrastructure relative to back in the day but also that they get less bang for their buck for every dollar they do spend. 

Worse, the political culture seems to be one of entitlement. I engage a lot of people from the Northeast online and often ask them why they think anyone would invest in the region or open a basic wealth generator like a factory. Not only do they not understand what they need tell potential investors to lure them to the region, they seem lack the basic idea that they should even have to do so.  I don&#039;t think most voters in the Northeast have a basic fundamental concept that an economy doesn&#039;t &quot;just happen.&quot; I don&#039;t think they even understand that things like taxes, regulation, unions, government consistency, energy cost and infrastructure quality have anything to do with whether they have jobs and a healthy community. 

Outside of the &quot;rustbelt&quot; I think the infrastructure is in pretty good shape. One of the reasons that Texas has become the biggest manufacturing state is that we can easily move stuff around the state and to ports. Roads and rail are cheaper to build and maintain e.g. no frost heave and a year round work schedule so we can make a lot of road and rail with little tax money and keep it maintained for less as well. Ditto for things like pipelines. Once they get that Panama canal extension done, we won&#039;t even have to ship stuff across to California to get to asia. 

More and more it looks like the long term blue regions in the northeast and now California are becoming the millstones around the necks of the rest of us. I mean, if the entire country had the same basic political and economic culture and approach as Texas and other Western states, we wouldn&#039;t really have many problems at all.</description>
		<content:encoded><![CDATA[<p>I note that a lot of problems such as &#8220;decaying infrastructure&#8221; are concentrated in the old industrial northeast. Not exclusively but mostly both absolutely and relative to the amount of local infrastructure.  Those regions have destroyed their industrial base through unions, environmental laws and expensive power. They unionized government services which everyone pays more tax per unit of service. That means that only do they have less money for infrastructure relative to back in the day but also that they get less bang for their buck for every dollar they do spend. </p>
<p>Worse, the political culture seems to be one of entitlement. I engage a lot of people from the Northeast online and often ask them why they think anyone would invest in the region or open a basic wealth generator like a factory. Not only do they not understand what they need tell potential investors to lure them to the region, they seem lack the basic idea that they should even have to do so.  I don&#8217;t think most voters in the Northeast have a basic fundamental concept that an economy doesn&#8217;t &#8220;just happen.&#8221; I don&#8217;t think they even understand that things like taxes, regulation, unions, government consistency, energy cost and infrastructure quality have anything to do with whether they have jobs and a healthy community. </p>
<p>Outside of the &#8220;rustbelt&#8221; I think the infrastructure is in pretty good shape. One of the reasons that Texas has become the biggest manufacturing state is that we can easily move stuff around the state and to ports. Roads and rail are cheaper to build and maintain e.g. no frost heave and a year round work schedule so we can make a lot of road and rail with little tax money and keep it maintained for less as well. Ditto for things like pipelines. Once they get that Panama canal extension done, we won&#8217;t even have to ship stuff across to California to get to asia. </p>
<p>More and more it looks like the long term blue regions in the northeast and now California are becoming the millstones around the necks of the rest of us. I mean, if the entire country had the same basic political and economic culture and approach as Texas and other Western states, we wouldn&#8217;t really have many problems at all.</p>
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		<title>By: Shannon Love</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413803</link>
		<dc:creator>Shannon Love</dc:creator>
		<pubDate>Mon, 05 Nov 2012 19:25:46 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413803</guid>
		<description>VeryRetired,

I think the formula was:

   Graduate high school 
   Don&#039;t get Married before age 20
   Stay Married
   Don&#039;t have any children outside marriage

IIRC, that would give you only a 15% chance of your children ever falling below the poverty line for more than six months.</description>
		<content:encoded><![CDATA[<p>VeryRetired,</p>
<p>I think the formula was:</p>
<p>   Graduate high school<br />
   Don&#8217;t get Married before age 20<br />
   Stay Married<br />
   Don&#8217;t have any children outside marriage</p>
<p>IIRC, that would give you only a 15% chance of your children ever falling below the poverty line for more than six months.</p>
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		<title>By: veryretired</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413791</link>
		<dc:creator>veryretired</dc:creator>
		<pubDate>Mon, 05 Nov 2012 18:35:34 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413791</guid>
		<description>Several years ago, a study showed that if teens did 4 things, they would have a much better life---finish high school, don&#039;t get arrested, no drugs, and no pregnancy. (I realize three are &quot;don&#039;t but the positive is easily deduced)

This post identifies several key elements of future prosperity in much the same way.

Real education for students, not a gravy train for educators and theorists.

Energy, energy, energy.

Reverse the takeover of social power by the legal profession, which now controls all levels and branches of government, and much of the economy.

The state is not an enabler of productive work except in a very limited sense, and if it is a very limited state. The current cancerous growth of state intrusion into every facet of personal and social life is a disaster.

It will take an extended period of difficult work and dedication to dismantle the leviathon state, and return it to the caretaker it was meant to be.

It is the citizen who is primary and paramount. The servant state must be returned to the quarters above the garage where it belongs.</description>
		<content:encoded><![CDATA[<p>Several years ago, a study showed that if teens did 4 things, they would have a much better life&#8212;finish high school, don&#8217;t get arrested, no drugs, and no pregnancy. (I realize three are &#8220;don&#8217;t but the positive is easily deduced)</p>
<p>This post identifies several key elements of future prosperity in much the same way.</p>
<p>Real education for students, not a gravy train for educators and theorists.</p>
<p>Energy, energy, energy.</p>
<p>Reverse the takeover of social power by the legal profession, which now controls all levels and branches of government, and much of the economy.</p>
<p>The state is not an enabler of productive work except in a very limited sense, and if it is a very limited state. The current cancerous growth of state intrusion into every facet of personal and social life is a disaster.</p>
<p>It will take an extended period of difficult work and dedication to dismantle the leviathon state, and return it to the caretaker it was meant to be.</p>
<p>It is the citizen who is primary and paramount. The servant state must be returned to the quarters above the garage where it belongs.</p>
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		<title>By: Jonathan</title>
		<link>http://chicagoboyz.net/archives/33336.html/comment-page-1#comment-413789</link>
		<dc:creator>Jonathan</dc:creator>
		<pubDate>Mon, 05 Nov 2012 18:24:54 +0000</pubDate>
		<guid isPermaLink="false">http://chicagoboyz.net/?p=33336#comment-413789</guid>
		<description>Spot on. This country will have a fantastic future if we can clear out the political and regulatory blockages.

Poor education is a large part of the problem. Citizens who know something about science, business and history are difficult for ideologues and control freaks to push around. Too many people are, through ignorance, afraid of low-probability hypothetical risks such as global warming yet ignorant of the tremendous real costs of restricting business and technological development, for example in electrical power generation and distribution.</description>
		<content:encoded><![CDATA[<p>Spot on. This country will have a fantastic future if we can clear out the political and regulatory blockages.</p>
<p>Poor education is a large part of the problem. Citizens who know something about science, business and history are difficult for ideologues and control freaks to push around. Too many people are, through ignorance, afraid of low-probability hypothetical risks such as global warming yet ignorant of the tremendous real costs of restricting business and technological development, for example in electrical power generation and distribution.</p>
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