Since 1979 the Department of Education (DOE) has steadily grown its empire. The fear that was once shared by Democrats and Republicans alike has become reality: the federal government has seized power from parents and local educators and now exerts unprecedented influence in our nation’s classrooms. Its $14.5 billion budget in 1979 now pales in comparison to the almost $70 billion it spends annually — an increase that has not been accompanied by improved student outcomes.
Resolved: Government Spending Can Play an Important Role in Boosting Economic Growth.
Among the infinity of fallacious statements and factual errors that go to form the structure of Marxian philosophy there are two that are especially objectionable. Marx asserts that capitalism causes increasing pauperization of the masses, and blithely contends that the proletarians are intellectually and morally superior to the narrow-minded, corrupt, and selfish bourgeoisie.
Below is a letter I sent to Denver post in response to an editorial praising recent remarks by Fed Chairman Bernanke: Denver Post, “Fed chief speaks loud and clear“:
[This article is excerpted from Economic Controversies, chapter 21, “The Fallacy of the ‘Public Sector’” (2011). It originally appeared in the New Individualist Review (Summer, 1961): 3–7. Editor’s note: Various media outlets are reporting that the Trump administration has cut more than 100,000 federal jobs in recent days. The total may even be greater than 200,000.
