THE "RULE OF LAW" AND WHY IT IS IMPORTANT

The "Rule of Law" concept can be traced back to the 16th Century. The basic idea is that society works best when organized by a set of well defined rules that apply to everyone. The importance of this seemingly simple concept is that no one is above the law--including government officials--and that the law limits the powers of persons and of the government. The U.S. is a Rule of Law nation and the powers of the US government are supposedly limited by the Constitution. However, by misusing the "general welfare" clause and otherwise misinterpreting the Constitution our government (aided by the Supreme Court) has adopted an attitude that it can do virtually anything it wants and that it has the authority to do so--in essence, that it is above the law. In a Rule of Law nation this is simply false. Our government has greatly distorted the Rule of Law and continues to expand its powers almost arbitrarily.
Citizens need to understand the nature and value of the Rule of Law concept so that our nation will not only remain a civil, well organized society, but also to keep the government from expanding its powers without limit.
We citizens need to restore the Rule of Law in America with regard to our government and in order to do so we first need to understand what it is and why it is important.

Have a nice day.

DWD

ECONOMIC MISCONCEPTIONS #6: GOVERNMENT SHOULD TRY TO SAVE JOBS

Every attempt by government to save jobs is misguided.

While on the surface it may appear to be a bad thing when companies go out of business and workers are laid off, it happens for a reason, moreover it is beneficial. The worst thing our government can do is take measures to keep failing companies in operation. While it may save jobs temporarily, in the long run, this leads to fewer jobs in perpetuity.
How many companies that have employees go out of business each year? A thousand? Ten thousand? A hundred thousand? Would you believe 600,000. Yes, 600,000 businesses with employees go out of business every year. Oh, but wait, they are replaced by 600,000 new businesses. So scarce economic resources are transferred from bad businesses to fresh new ones who will employ more workers.
Have you heard that 300 million cells die in your body EACH DAY? Why don't we whither away in a few weeks? Because they are replaced by 300 million new, fresh cells that keep us going strong. Economists call this process "Creative Destruction" (but you'll never of it from a liberal economist). If we want a vibrant economy we must allow bad cells to be replaced by new, good cells daily.
So conservatives, please don't dismay when you hear about companies going out of business or laying off workers--this is a necessary thing that helps the economy and ultimately leads to more jobs--not less. Please educate your family and friends when they moan about this or that company going out of business because indirectly (and often directly) those moans suggest that government should step in and "fix" the "problem."
As usual, this fix is just another impediment to the economy and obstruction of personal freedom.

Here is a brief video that communicates this message in a much more entertaining way than I am able.

https://www.youtube.com/watch?v=fEbdgpIQ7n4

Have a nice day.

DWD