Day By Day

Friday, October 03, 2008

Michael Malone has a very perceptive post over at Edglings. He writes:

[T]he United States government has embarked on two pieces of social engineering in the last few years. One was to make oil expensive as expensive as possible to drive people to greater use of alternative energy sources - because anything less would be irresponsible and destructive to the environment. The other was to enshrine home ownership (i.e., easy-to-obtain mortgages) as a new American right - because anything less would be unequal and racist.

None of us voted on these decisions - indeed, neither was even spoken about directly, much less debated. But nevertheless, both became national policy… and both have sparked national, now international, crises. Then, once they became crises, both were blamed on ‘greedy capitalism’, instead of what they really were: legislative interference into market forces.

Read the whole thing here.

Malone thinks that the conspicuous failures of government attempts to manage the nation will finally discredit the idea of social engineering and bring about a decline of the Left. Good luck with that.