Re: Drill Now for oil

MooseFET wrote:
On Jun 24, 4:55 pm, James Arthur wrote:
Simon S Aysdie wrote:
On Jun 23, 5:00 pm, James Arthur wrote:

Maximizing host yield is a parasite's calculation, not a government's.

Exactly, except for government has become essentially parasitic and/or
serving special interests.

That's inherent in the beast: governments can't make things,
people do, so governments have to live off their hosts, off
the people. That's why least is best.

You are incorrect. The government is merely us acting together.
Since we can make things acting together, the government can make
things. They make things like roads and bridges and dams. These are
all much too big for just one person to make but together we can do
it.

I've yet to see Congress hammer a nail or solder a wire. Or
the DMV change a tire.

All they can do is make rules, and take money from one
person and give it to someone else.

They are not us, working together, Their incentive is
to spend, regardless of results. Spending is always rewarded--
some voter is always happy to get the money--whereas
cutting a nickel always makes someone hopping mad.

Indeed, outcomes and efficiency are unimportant, irrelevant,
often not even tracked. Useless spending is expected and
tolerated. (e.g., ethanol, e.g., federalizing the TSA, ...)

So spending is good. And what's the best kind of spending?
Why, new spending of course. Old spending is expected.
New money pleases new people and buys new votes.


Since more people get taxes than pay them, spending works,
politically.

So that's what politicians do: spend other people's money,
as much as possible, ideally taking it from as few patrons
as possible and redistributing it to as many recipients as
they can.


Cheers,
James Arthur
.

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