When a majority of voters no longer pay taxes and instead receive transfer payments from those that do pay taxes, tyranny of the majority begins by having the democratic majority vote themselves ever higher transfer payments, there is no cost to them. This has happened to Judeo-Christian civilization almost everywhere. The private economy is expected to pay the bills and salaries and benefits of an ever larger government bureaucracy which is anything but productive.
The percentage of the economy controlled, guaranteed, or paid for by the government is increasing. Since the feds were already deeply in debt themselves, the only way they could spend more money was by borrowing more. You cannot cure a debt problem by borrowing more money. Net debt is going up. So, there’s something wrong. The economy isn’t recovering, it’s just not possible.
Which brings us back to our new theory:
Many are the ideas about how the world rumbles and trundles along. Most have some sort of dialectic at the center of them some tension between one thing and another that causes them to oscillate to and fro some yin and yang of opposing forces, constantly battling it out for control.
Good vs. Evil. Progress vs. Backsliding. The proletariat against the bourgeoisie. The moneyed elite vs. the people. Democracy vs. Totalitarianism. Freedom vs. Slavery.
Here we offer a new and improved theory with a dynamic of its own: the producers vs. the parasites.
Here is our theory: in the beginning, an economy, a business, a nation‚Ä¶or even a family budget‚Ä¶is fresh, clean and dynamic. Over time, little by little, the parasites encrust themselves ‚Ä“like barnacles on a ship. Then, they grow. Eventually, they become as fat as ticks on a hound in the summertime‚Ä¶
At first, they are just nuisances. The economy can support them.
‚ÄėThe masses want bread? Sure why not. Give them a circus too. And give my lazy brother-in-law a sinecure.‚Ä
Gradually, more and more people get their teeth into it. An unnecessary department in a thriving business. A subsidy to one group. A special favor to another. A make-work job‚Ä¶a handout‚Ä¶a bailout‚Ä¶ An expense here. An extravagance there‚Ä¶
When things go well, the parasites take more blood. Heck, the economy can afford it. When they go badly, they grab the weakened host and pull it down in a feeding frenzy. BP, are you ready?
They succeed because in most cases it is generally cheaper to go along than to fight.
Without hardly noticing, the living become cooperative zombies too. The cigarette companies become tax collectors for the feds. The oil companies too. Doctors go along with nationalized health care. Teachers get their lifetime tenure. Ordinary citizens stand in line to be inspected at airports, counted by census takers, interrogated by tax collectors. Soon, the whole nation is zombified.
The zombies win. And then‚Ä¶there is collapse, war, revolution, bankruptcy‚Ä¶ The zombies are killed off‚Ä¶new life begins.
That‚Äs why the feds fight so hard to prevent a financial collapse. The last thing they want is a fresh, new, healthy economy‚Ä¶