This is only the beggining
Here we go again: as part of the effort to promote as many and as comprehensive distractive policies as soon as possible the government is creating a new role, that will be a corner stone in nationalizing the car industry, of a Car Tzar. This decision is being justified by former horrible decision to protect failing corporations. And since these measure will not “save the economy”, and how could they?, they will not be the last.
In her excellent book, The forgotten Man, Amity Shales asks why it took the US so long to recover from the great depression. She answer and demonstrate how the policies of the New Deal worsen the depression and made it harder to recover. With the promises from another New Deal, and the signs of aggressive socialist policies, we are going to face a very long and dark winter.
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