Genuine Economic Sovereignty
2 March 2007
Editor, Dow Jones MarketWatch
To the Editor:
In light of Tuesday’s Wall Street sell-off, Sen. Hillary Clinton worries that we Americans are, as she said in a Senate speech, "ceding our economic sovereignty" to foreign countries ("Clinton seeks to reduce U.S. dependency on foreign capital," March 1).
I'm delighted that Sen. Clinton is concerned about one economic entity being too dependent upon the whims of another, distant entity. So I propose that she restore my personal sovereignty by reducing my dependence upon Washington. Relieve me from having to help to repay debts incurred by Uncle Sam. Let me buy whatever pain relievers, kitchen appliances, foods, toilets, and other consumer products I choose without having to get permission from Washington. Let me buy goods and services from whomever I want without obstruction from politicians - none of whom I know, none of whom knows me, and, I'm certain, none of whom really gives a damn about me and my family.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, Dow Jones MarketWatch
To the Editor:
In light of Tuesday’s Wall Street sell-off, Sen. Hillary Clinton worries that we Americans are, as she said in a Senate speech, "ceding our economic sovereignty" to foreign countries ("Clinton seeks to reduce U.S. dependency on foreign capital," March 1).
I'm delighted that Sen. Clinton is concerned about one economic entity being too dependent upon the whims of another, distant entity. So I propose that she restore my personal sovereignty by reducing my dependence upon Washington. Relieve me from having to help to repay debts incurred by Uncle Sam. Let me buy whatever pain relievers, kitchen appliances, foods, toilets, and other consumer products I choose without having to get permission from Washington. Let me buy goods and services from whomever I want without obstruction from politicians - none of whom I know, none of whom knows me, and, I'm certain, none of whom really gives a damn about me and my family.
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Wednesday October 31, 2007 at 5:02pm