Cheers to Matthew Hoy for his letter, “Tarica’s view skewed,” which notes a media bias in favor of heart-warming, populist political beliefs.
We’d be in great shape if the heart was the organ that was capable of rational thought, but alas, it is not.
Embracing feel-good, collectivist causes with little regard for their efficacy, economic impact or sustainability is a road to serfdom akin to one that the brilliant economist, F.A. Hayek, presciently wrote about back in 1944. Hayek saw a relationship between collectivism, socialism, communism and fascism, and noted that excessive central authority inevitably led to totalitarianism. Still, his heart also advocated for safety nets to cover the basic needs of the disadvantaged.
For long-term economic stability, we need political operatives and the media to achieve a greater equilibrium between their hearts and their brains, honestly and without self-serving misrepresentations that are intended to confuse public perceptions. That would be the opposite of what happened with Obamacare, the provisions and costs of which don’t comport with what was sold to the public.
Sadly, I fear we have passed the tipping point for responsible governance, and I hope the battle for the nation’s fiscal solvency hasn’t already be lost.