Remnant Review “Well, that’s the news from Lake Wobegon, where all the women are strong, all the men are good looking, and all the children are above average.” — Garrison Keillor To understand why the welfare state will continue to expand its operations until such time as the Great Default ends it, we must understand Lake Wobegon economics. It is the widespread belief that, with respect to paying the bills run up by the welfare state, everyone will pay less than his fair share. This was described well in 1974 by James Dale Davidson. I remember the night I saw … Continue reading Lake Wobegon Economics