Tag Archives: george w. bush

Political Pessimism, Human Optimism

Despite my pessimism (realism?) about politics, ever since reading Julian Simon, I have been an optimist when it comes to progress and the human condition. Since the industrial revolution, each generation has lived longer and better than the last. By that measure, the last decade was the best in human history.

This despite the last decade being an unmitigated political disaster, at least in America. President Bush grew government faster than any president since Lyndon Johnson. Between new health care entitlements, massive energy and farm bills, two wars, and more than 30,000 new regulations, the Bush administration was no friend of limited government.

President Obama has so far been no better. If anything, his policies are George W. Bush’s on steroids.

Fortunately, the institutional foundations of the market economy are stronger than any bumbling politician. Wherever there is peace, stability, tolerably low corruption, and secure property rights, people will make their lives better over time, despite meddlesome regulators getting in the way. The pattern is global.

Via Ronald Bailey, a brilliant article in Foreign Policy reinforces that point. Things really are getting better. The last decade was the best in human history. Read the whole thing. If you’re despairing over the state of the world, the data are a wonderful cure for pessimism. Here’s a taste:

Consider that in 1990, roughly half the global population lived on less than $1 a day; by 2007, the proportion had shrunk to 28 percent — and it will be lower still by the close of 2010. That’s because, though the financial crisis briefly stalled progress on income growth, it was just a hiccup in the decade’s relentless GDP climb.

Friday Regulation Roundup

$1.6 million in stimulus money to be used to irrigate a golf course in Texas.

-A new study by Susan Dudley and Melinda Warren finds that regulatory spending grew 31 percent under Bush. Regulatory staffing grew 42 percent.

-Selling shellfish to the Department of Veterans Affairs? There are regulations for that.

-It is illegal to possess pliers in the state of Texas.

-The federal government’s Integrated Nitrogen Committee is having a public teleconference on June 8.

-In Virginia, it is illegal to take a bath without a doctor’s permission.

-Government programs never die. One Cold War relic is the Federal Radiological Preparedness Coordinating Committee.

-The federal government’s Wild Horse and Burro Advisory Board is holding a public workshop June 14-15.

$300,000 of stimulus money to pay for floating toilets.