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August 24, 2006

assuming a ladder   (opinion, quote)

"We, as a country, are now in the grip of five kinds of politics that I want very briefly to discuss, if only to alarm you and depress you. I call them the politics of assuming a ladder; the politics of rent seeking, otherwise known as the war against Wal-Mart; the politics of learned dependency; the politics of speech rationing; and the politics of orchid building. Let me explain these in very short compass.

First, the politics of assuming a ladder. An old economics joke tells of an economist and a friend who are walking down a road and fall into a pit. The regular guy says, “We can’t get out.” And the economist replies, “Not to worry, we’ll just assume a ladder.” We have just had the last presidential election before the first of 77 million baby boomers begin to retire. They will put strains on a welfare state that, as currently configured, cannot endure. And so the entitlement advocates are assuming a ladder, assuming that something will happen to fix the problem.


  - George Will, Upholding the Idea of Liberty

Posted by yargevad at August 24, 2006 12:22 AM


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