McArdle’s friend Pascal-Emmanuel Gobry:
‘America currently finds itself in a place which is very strange for Americans, and very familiar to Europeans: mass unemployment, young and marginal workers struggling, government and big business expanding hand-in-hand, a nagging sense of a dimming horizon. America’s mass unemployment ought to be cyclical–with strong pick-up growth, it can go back to pre-crisis levels. But that’s a big if, and the odds are even lower with well-intentioned regulations that make it harder to hire and harder to grow a business.
So yes, at the risk of looking like one of those guys waving a placard with Lenin’s face on it and shouting “Socialism!”–the Francification of America is a real thing, and Obama is doing it. And it’s very bad’
Don’t worry, who needs a dynamic economy?
Liberte does not mean the same thing as liberty, for various social, political, philosophical and cultural reasons. We can and have done much better.
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