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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

 
Commentary Of The Month
July 14, 2016
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BURNING DOWN THE HOUSE

By Jeff Thomas

Recently an article appeared in Forbes magazine that recommended a universal basic income for all citizens. The author picks U.S. $13,000 as the appropriate number that he feels should be granted to all U.S. citizens over the age of twenty one and placed automatically into their individual bank accounts in monthly installments, for the rest of their lives. Since this concept is unquestionably socialistic in nature and encourages the government’s role as a nanny state to an even greater degree than it already operates, the reader may understandably raise an eyebrow at reading it in a publication such as Forbes.

We may wonder why these publications, that were once so well-informed, are deteriorating. The answer lies in the little-understood historical fact that each nation has a shelf life. It begins its rise as a result of determination and a strong work ethic. It then rises to a level of productivity, which in turn creates prosperity. This abundance leads the population to become easy prey to empty political claims that largesse from the state can enrich all. Largesse results in complacency, which then turns into apathy. After a nation has peaked and a majority of the people have traded in their work ethic for the promise of ever-increasing governmental largesse, the decline is set in stone.

Unfortunately, there’s little anyone can do to avoid the coming financial storm. It’s going to be much worse, much longer, and very different than what we saw in 2008 and 2009. All you can hope to do is to save yourself from the consequences of all this stupidity.