Speaking of the best government in the world, Louis Rukeyser in his June 1998 edition of the Louis Rukeyser's Wall Street, said, Oh, don't misunderstand me: the pooh-bahs of government-knows-best have not lost a shred of their traditional arrogance. We see this, for example, in their remarkable decision to wage all-out legal war on Microsoft, which apparently has committed the unforgivable crime of serving the American consumer too well. It's the latest of many recent evidences of the continuing demagogic war on success and the successful in America, based as usual on the implausible notion that government -- which can't manage its own vast revenues even at the intelligence level of a bright 18-month-old -- knows better than the marketplace what should be going on there. That there has never been any visible evidence of such governmental competency has never been a drawback to the political overreachers.
His words, not mine. What I would like to see is the reversal of the government's intrusive powers.
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I'm not a fan of big government, its monstrosities (such as the ~$5.5 trillion national debt), or unnecessary government intervention. But I do believe that in the microsoft case, the government is on track. I also believe that, despite its problems, it's the best government in the world. Do you think that this country would have flourished as it has under any other government (all else being equal)?
M31
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