I’m resending this post because I inavertedly omitted two charts
We have a new government in the United Kingdom, and in a few months’ time there will be a new President in the United States. It matters not who becomes US President; either of the two leading contenders will make the basic errors already apparent in the UK’s new socialist government. And that is having the belief, or the self-given right, for a government to intervene in an economy for whatever purpose.
Assuming for a moment that a government’s intention is to intervene solely in the interests of the electorate, even then it pursues an impossible mission. It has no role in commerce except a disruptive one. It seeks to manage its citizens’ affairs, when the only parties who can effectively do so are the citizens themselves.
