Postcards: No Action Plan... Ever...

The Banana Republic has no rudder. There are plenty of people who have BIG ideas... but there are very few who have plans to implement them. Maybe we need more ditch diggers.

Dear Fellow Expat:

America has lost her ability to get things done.

Today, we have a complete top-down driven economy.

People in Congress have no understanding of how things work. Yet they mandate industries based on how they “think the world should work” instead of how it does work. 

The same goes for the administration. It consists of "Yale Lawyers" who think the U.S. is the problem with everything. So, they try to reimagine America in their image. 

How’s that working out? Don’t answer that… 

Disconnected technocrats are attempting to run industries by fiat. We call this phenomenon “dirigisme,” and it will be one of the decade's most important trends.

By definition, it is economic fascism - the opposite of a free market.