There are always social experiments going on. That said, most are flops. Social engineering just doesn’t work. At least when it is based in the political correctness of the day. One of the biggest failures in more recent times would be Lyndon Johnson‘s destructive socialist program known as “The Great Society.” This creation and expansion of the welfare state has caused, for the most part, the exact opposite of what it was meant to eliminate.
The epic failure obama’s attempt to wreck havoc upon America via obamacare, operation fast and furious, and pure Chicago style cronyism are extensions of that failed experiment. An exercise in repeating the same operation and expecting a different outcome are hallmarks of socialism and communistic thinking.
This macroeconomic success owed nothing to policymakers’ fine tuning, because neither the administration nor Congress made such delicate adjustments of fiscal policy as conditions changed. In truth, the U.S. government was institutionally incapable of fine tuning fiscal policy, however much it appealed to Keynesian economists drawing diagrams on blackboards.
Now we have obama’s foot soldiers staging occupations here, there, and everywhere blaming America and our way of life for their own failures. They remind me of children saying “not me” when confronted about something that has gone wrong. Rather than rolling up their sleeves and doing something that is actually productive themselves they stage protests that ultimately result in more government, more rules, and less personal freedom.
The United States of America. Land of the free. That includes the freedom to fail. Home of the brave. Courage, to take on the task of personal wealth creation without having government getting involved in that task so long as we do not infringe on the freedoms and liberty of others while doing that.