December 15, 2009

Extinguish Liberty and Prosperity

An anecdote and a WSJ column add to the same sad conclusion. As the lamp of liberty is extinguished in the US, the lamp of prosperity dims concomitantly (boy if we had an editor around here, sentences like that would be struck or fixed...)

At lunch with two socialists and two dyed-in-the-wool American progressives last Sunday. I kept my mouth shut until the virtues of Michael Moore's "Sicko" came up. This was more than I could bear. "...and you go to the cashier after your doctor's visit and they give YOU money!" I snapped -- I waved my chopsticks in the air (it was dim sum) and said "and the money comes from faeries waving magic wands! They don't tax anybody or anything!"

It was all good natured and I got a little lecture on how socialism has "worked" in France for 60 years. But then my Parisian friend said something which did bug me. "Nobody there wants to come here anymore. My friends and family used to be jealous and they all wanted to come here. Now nobody does."

That line has stuck in my head. At one level it was a debating point, but the sentiment was real. Why would you? In a down economy, the world's highest corporate tax rates and a shining new era of increased regulation, why indeed?

You didn't come to ThreeSources to hear jk bash the USA (Was it over when the Germans bombed Pearl Harbor?) so I will pass the baton. Dana Matioli of the Wall Street Journal careers section says With Fewer U.S. Opportunities, Home Looks Appealing to Expats. Unemployment, Visa issues and more dynamic economies in their home countries are luring ex-pats back. Matioli cites examples from Australia, Germany and Asia.

Politics Posted by John Kranz at December 15, 2009 9:37 AM

How much worse will it need to get before President Obama decides to return to his home country?

Posted by: johngalt at December 15, 2009 3:47 PM | What do you think? [1]