Silken Slippers and Hobnail Boots Surviving the Decline and Fall

  * That our taxation system is an unfair, counter-productive and incomprehensible mess produced by 10,000 special-interest lobbyists extracting favors from politicians seeking votes and contributions. It penalizes savings, promotes borrowing, taxes the same income repeatedly and is a disincentive to businesses and individuals to invest, expand, innovate, produce and succeed. Our corporate tax rate is the highest in the developed world and we are one of the few countries that taxes income earned outside the country.

  * The college-for-everyone mantra is nonsense; many young graduates are unemployed or are in menial jobs. On-line higher education and expanded vocational education are needed. Much higher education is teaching students what to think, not how to think, with normal curricula often replaced by liberal junk courses.