The Government’s “War” on Main Street
December 4th, 2009 12:11 pm | by Jake Towne | Published in Drugs, Economics, Election, Liberty, Obama, Politics, War | 1
The War on Poverty… the War on Drugs… the War on Terror… now we have the government’s “War” on Main Street. How to improve the economy and why the government is taking the exact opposite actions to destroy Main Street as a bad case of the “Seen and the Unseen” strikes the Lehigh Valley
Originally published December 4, 2009 at http://towneforcongress.com/economy/the-governments-war-on-main-street-1
This talk was originally delivered to Campaign of Liberty chapter on December 3, 2009. Video will be available shortly.
Today President Obama will tour Allentown, Pennsylvania, in my home congressional district as part of a “Main Street Tour” to show his concern for economic plight of the masses. Many of the people I have spoken with while campaigning innately realize that government is at fault – or at least complain a lot about how the government should “fix” the economy. Unfortunately, many do not have enough of a grasp of economics to understand exactly how the government is ruining their lives and their childrens’ lives. Speaking for myself, about 2 years ago I would have been included in this category. This is no surprise as most of the press and educational system has been hijacked by the disciples of Lord Keynes (the Keynesians) and the socialist Karl Marx for the past century.
The late economist from the Austrian school and NY Times columnist Henry Hazlitt wrote a series of easy-to-understand economic lessons in the 1940s in what was later published as Economics in One Lesson. Hazlitt warned of the dangers of what he termed the “seen and the unseen.” Let me give a rather harsh but true example.
Last week one local paper published a story about a local hardware store on Main Street in Nazareth going out of business. I grew up in Nazareth, and this store was there my whole life. The owners were not able to afford the rent, tried moving down the street for cheaper rent, but were not able to save the company.
Liberty Maven




