The rise of the “stable” economy

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The rise of the "stable" economy

By Steve Eggleston

I’ve been strug­gling to under­stand why the Left is happy with the worst post-​recession recov­ery since before the Great Depres­sion. Then I hap­pened upon this MacIver Insti­tute story on a Mil­wau­kee Area Tech­ni­cal Col­lege eco­nom­ics pro­fes­sor who also is the direc­tor of the local chap­ter of some­thing called the Cen­ter of the Advance­ment of the Steady State Econ­omy while catch­ing up on my e-​mail before cross­ing into Canada for my annual Cana­dian fish­ing trip.

Every­thing the Left, and espe­cially Barack Obama, has done and called for in the last sev­eral years sud­denly clicked when I read over MacIver’s report­ing on CAASE. The cor­ner­stone of this vision “truly green econ­omy” is a “sta­bi­lized” pop­u­la­tion. Given the human drive to pro­cre­ate, guess what needs to be heav­ily uti­lized to have zero pop­u­la­tion growth. If you said “abor­tion on demand”, give your­self a pat on the back.

That, how­ever, is but a small part of what Obama calls a “fun­da­men­tal trans­for­ma­tion”. Another key ele­ment is both a man­dated min­i­mum and a man­dated max­i­mum income. Any won­der why there’s both a push for a $15/​hour min­i­mum wage and a war on “unequal” CEO pay?

CAASE also calls for a 30-​hour work­week. Not at all coin­ci­den­tally, that is the Place­bo­Care def­i­n­i­tion of “full time”.

Small, densely-​populated cities (which, iron­i­cally, is the pri­mary cause of any human-​derived change in cli­mate in the form of the urban heat island) with bicy­cles as the pri­mary mode of indi­vid­ual trans­porta­tion is also a goal of CAASE. It isn’t exactly a coin­ci­dence that a key fea­ture in new street con­struc­tion is ded­i­cated bicy­cle lanes.

By Steve Eggleston

I’ve been struggling to understand why the Left is happy with the worst post-recession recovery since before the Great Depression. Then I happened upon this MacIver Institute story on a Milwaukee Area Technical College economics professor who also is the director of the local chapter of something called the Center of the Advancement of the Steady State Economy while catching up on my e-mail before crossing into Canada for my annual Canadian fishing trip.

Everything the Left, and especially Barack Obama, has done and called for in the last several years suddenly clicked when I read over MacIver’s reporting on CAASE. The cornerstone of this vision “truly green economy” is a “stabilized” population. Given the human drive to procreate, guess what needs to be heavily utilized to have zero population growth. If you said “abortion on demand”, give yourself a pat on the back.

That, however, is but a small part of what Obama calls a “fundamental transformation”. Another key element is both a mandated minimum and a mandated maximum income. Any wonder why there’s both a push for a $15/hour minimum wage and a war on “unequal” CEO pay?

CAASE also calls for a 30-hour workweek. Not at all coincidentally, that is the PlaceboCare definition of “full time”.

Small, densely-populated cities (which, ironically, is the primary cause of any human-derived change in climate in the form of the urban heat island) with bicycles as the primary mode of individual transportation is also a goal of CAASE. It isn’t exactly a coincidence that a key feature in new street construction is dedicated bicycle lanes.