“Our Public Servants Think They Know Better Than We Do”
Ty J. Young Editorial
A recent New York Post article described the results of a poll conducted by Johns Hopkins University. The results were not surprising, but quite alarming. Our politicians and bureaucrats know nothing about us, yet overwhelmingly they think they know what is best for us. The results were published in a recent book entitled: “What Washington Gets Wrong: The Unelected Officials Who Actually Run the Government and Their Misconceptions about the American People,” by Jennifer Bachner and Benjamin Ginsberg.
These men and women make decisions that affect our everyday lives, and they are rarely affected by the rules they circulate. As we have seen over the last 8 years, they are seldom held accountable for their own wrong-doing. Remember the most famous line from one of the many Obamacare creators, Jonathan Gruber, who said “Lack of transparency is a huge political advantage. Call it the stupidity of the American voter or whatever, but basically that was really, really critical for the thing to pass.”
When the “elites” think they know more than the public they serve, this can often lead to negative outcomes for everyone. What is an elite, specifically, a “D.C. elite?” The polled group were those who work for the government in D.C. at some capacity of policy making, political staff, government employees, and the actual elected officials. We have reached a point in our governance where those in power do not know much about us, and do not feel obligated to take their direction from the majority of the people. This is a result of electing big government politicians who trust our daily lives to bureaucrats far removed from our experiences, and know very little that is accurate about our lives.
I. D.C. Elites Think We Lack Knowledge and Intellect
1. 72% think we know nothing about government aid to the poor. Given how many tax dollars have gone toward federal poverty programs – $25 trillion and counting since 1964 – it seems that most Americans would understand a few things. We do understand – D.C. spends a lot, and it does not seem to work. It brings up the old Reagan saying, “Government is not the solution to our problems, government is the problem.”
2. 71% think we know little to nothing about science and technology. Given the state of public education, which the D.C. bureaucrats have been in charge of for decades, it is obvious as to who should shoulder the blame.
3. Over half of the D.C. elites polled think that only 1% of the population knows anything about crime policy. This is one of the most astounding numbers in the poll as 88% of the public believes crime is a major concern in current presidential election year polling. Yet the majority of our government thinks 99% of us do not know what we are talking about.
II. D.C. Elites Think They Know Better than Americans
1) They are spending our tax dollars contrary to our beliefs. Most recently, the Director for the new Consumer Financial Protection Bureau, Richard Cordray, testified before Congress about his new $125 million dollar office complex. When a Congressman asked him why the price tag was so high, he snidely responded “Why does that matter to you?” The waste, fraud, and abuse of our tax dollars is an everyday occurrence, and shows no end in sight. The “blob,” as the book refers to the D.C. elites, wants to spend our money to borrow on our credit, to rule over us, and to not let us ask any questions about what they are doing.
2) They are making rules damaging our savings and financial security. Agencies have drafted over 300,000 new regulations since 2012 alone; a total nearly double that of the entire 8 years of the Bush Presidency from 2001-2009. Those rules affect everything from property rights to how and where we save our money. There is not one corner of the marketplace seemingly free from bureaucratic intrusion. As so eloquently put in the New York Post’s article, “The principle, mentioned in the Declaration of Independence, that governments derive ‘their just powers from the consent of the governed’ is being flouted: Not only do we not consent to every policy enacted in Washington, we often don’t even know about it until it’s law.”
3) They are making rules damaging our lives. We have heard all of the examples of Solyndra and the General Services Administration (GSA) and the “War on Coal.” But on a very personal level, consider this most recent example as reported in the Post, “In Virginia, an 11-year-old girl who rescued a wounded woodpecker and carried it into a Lowe’s hardware store in a cage was confronted in the store by an agent from the U.S. Fish and Wildlife Service. Later she received a notice saying she was being fined $535 and threatened with jail time for violating the Migratory Bird Treaty Act. Thankfully, the resulting bad publicity made the government back down.” Jail time … for an 11-year old … saving a bird. Does that not speak for itself?
The D.C. elites thinking they know better than us, is an acute and corrupting problem in our society. It is not just limited to Washington, D.C. We have discussed before how Wall Street insiders have told us what to do and how to do it with our money … and that led to the massive collapse in most portfolios in 2008.
Be true to yourself. All politics are really local. When considering who to vote for, make sure your decision includes the consideration of which party stands for, and against, bigger government. Without question, bigger government has caused big problems in our everyday life. And the main reason is the arrogance of our big government leadership.
In the midst of all the politics, many Americans just want a sense of security. Financial security. If you want to have peace of mind with your retirement money, where it is completely protected against market losses and earning a reasonable rate of return, call us.
Our advisors are experts in helping people protect their hard-earned assets. Give us a call today at 877-912-1919 or visit www.www.factsthatmakeyousmarter.com to learn more.