Written by Gary North via The Tea Party Economist
Matt Drudge knows what his readers like to read. Today’s headlines are all on one theme: the federal government’s domestic spying.
He was just getting warmed up.
This was choice.
This will in no way reverse the process. The cost of monitoring everyone continues to fall. Economics teaches that when the price of anything falls, more is demanded.
Only one thing can reverse this: budget cuts for the offending agencies. Congress never imposes budget cuts, especially on the NSA (No Such Agency).
Most voters know that this invasion of their privacy is illegitimate. They also know that Congress will do nothing about it. It will hold hearings — maybe even closed-door hearings. But nothing will change.
Nevertheless, headlines like these are always positive. They help lower the public’s assessment of the federal government’s legitimacy. Ultimately, civil government is about power, but legitimacy increases voluntary compliance by the public. Every time the government loses a little legitimacy, it’s positive.
In 2012, the Drudge Report had over 11 billion hits. Total number of employees: two.
Let’s hear it for Drudge. For a multimillionaire who wears 1945-era hats, he inflicts a lot of pain on federal bureaucrats.