Political overrun threatens American prosperity

“Two ways. Gradually and suddenly.”

This is the famous line from Ernest Hemingway’s The sun is also increasing where the main character (Mike) describes How it was charged. The rest of the passage, where Hemingway processes Mike’s experience, may not be so famous, but it remains strange. It also serves as a timeless reminder of why the founding authorities of the US government are so important to the country’s attitude to the world.

Hemingway explains that Mike’s problems have arisen from many false friends and creditors, possibly “more creditors than anyone in England”.

Hemingway knew the game. Everyone loves you when they are sure you will come back to them, so they continue to lend you money. And they always love you. Until they don’t.

For a long time, almost everyone loved the United States. So far, we are the biggest rich country, with the best opportunity to raise the economic staircase.

America was not in decline

Everyone wants access to America’s financial markets. We offer the world’s safest position to invest. Our markets are more varied and wet than anywhere else. They are supported by the strongest and safest property rights, secured by a reliable stable government.

Politically, socially and economically, the combination of wealth and security is peaks. However, for any reason, many Americans cannot stop flirting with pessimism. No matter how well things go, everyone is easily convinced that they are is getting worse from the previous generation. It appears on populist movements throughout our history, long before the Civil War and long after World War II.

In the 1990s, Americans dealt with major populist uprisings based on issues that may still be known today. Free trade is supposed to destroy US construction work, immigrants received everything else, society deserved some kind of biblical confrontation, and supposed treatment was a kind of nationalist industrial policy. (Ross Perot and Pat Buchanan were two main suppliers of some of these ideas, though both failed to win the presidency.)

To any degree there are, the philosophical bases of the Maga world are almost indivisible. And this is bad, even if Maga never applies a complete industrial policy.

I don’t make an ideological argument.

America was already great

Yes, socialism and communism are awful. And, yes, a system of free business based on economic and political freedom, guaranteed by a limited government, is much higher. And although the United States was not a pure representation of this ideal (possibly never), it remained relatively close.

Thus, although the United States has, for example, the export-inspection bank, the nation’s economy is still based mainly on private businesses. While the US government gives grants – some would say too much – private businesses do not depend on these grants. To gain a good living, most private businesses do not need to kiss the rings of their elected officials.

Unless the balance remains reasonably in favor of the private system, America will not lose the essence of what makes everyone love it so much. America can withstand many creditors and false friends until it cannot.

The big problem, of course, is that no one knows exactly what will overturn the balance too far in the opposite direction.

America must remain american

In recent months, President Trump has shot the head of the office statistics office because he didn’t like working numbers. He is threatened to shoot the president of the Federal Reserve (and a Fed Governor) because he does not like the current level of interest rates. The administration openly uses the power of the federal government to intimidate business executives on decisions that it does not like and to get ownership of private companies.

The administration deports and holds immigrants without documents, sometimes without a fair process, and the development of the National Guard on the streets of the city. He has sought open policies favors the approval of business mergers between private companies, leading many to challenge the security of the rights of the first amendment. He has used random invoices to tax American citizens, while producing private companies to raise their prices, enhancing my kiss-Diadilian, which only third world countries are proud.

In isolation, any of these actions may not mark the fire of the death of the authorities who built America. Collectively, however, they represent a clear shift towards a gross politically influenced system instead of a large private one. Undermine the reasons that make people trust the United States.

At some point, if the shift continues, we will lose the essence of what makes us the United States of America. We can have a long way to reach the full position of Banana Republic, but it is a bad idea to maintain the pressure to try the system to find out where this margin is.

Just like bankruptcy, we will end up finding it gradually and then everything at the same time. And this is not easy to correct.