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The Pigs are in the house!
Our humble civil servants are just more equal than us; that’s all.
I concur. This gravitation is in the direction of an economy built on shadow, without true substance. Since government produces no tangible asset, it can't sell its wares. This means the only way to grow a bureaucratic economy is to create an increasing revenue stream through taxation or printing. Neither one is good for those who are not taking advantage. Talk about incentive... if you lack proper virtue, this is an opportunity. Of course like all bubbles this too will burst and the piper will demand his due. The only questions are who will pay? And, when will it happen? Basic economics would have us expecting high inflation by virtue of the conditions. We are getting some inflation. Of course it is on many things we all need, but the government doesn't count those things! The widespread inflation has not yet occurred to the levels where I am forced to raise my own rates despite my concerns for loss of business due to scarcity of work and hungry competition. I have not raised rates in years, yet my customers sometimes do find desperate vendors, or send their work overseas. It is as if the government is orchestrating an economic strangle-hold. They apply just enough pressure (taxation, regulation) to keep you static or worse, while they direct money to themselves.
Regards,
O.A.