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Considering America’s now rampant economic illiteracy and widespread ignorance of history and philosophy, I wonder whether we’re now past the tipping point and the American Dream is doomed? You’ll notice that every policy decision that our beloved, alleged President makes is to further impoverish Americans – to make them wonderfully dependent, EQUALLY impoverished.
Gee, some lessons in economics that even a Congressman might be able to understand. Maybe. Perhaps not.. never mind.
Folks, on net, it is DESTROYING your wealth. The Cash from Kleptocrats program creates a plethora of new broken windows. The grand point of this famous economic parable, which eviscerates Obanomics, is that without the hoodlum breaking his window, the baker will buy whatever goods he was going to buy in the first place, AND he has an intact window (retains more wealth!). But, of course, in C4C, the genius kicker is that the baker’s other out-dated windows (which still have value in a free market) are also broken for his added convenience – so he can replace them with more efficient “green” windows.
WARNING: These audacious, skyrocketing federal deficits do not yet include: (1) The “Cap and Trade” massive tax scheme (largest in American history if it passes the Senate). (2) The Socialized Medicine extravaganza – destroying our superior private health care system, in favor of the rationed ObamaCare “Universal” health care scheme. (3) “Immigration Reform” – aka The Mother of all Amnesty schemes. And now, Congress is even contemplating another colossal “stimulus” pork-laden spending scheme.
ThoughtRogue: Why is it that Obama and Company can’t seem to implement a single policy which makes good economic sense? Every single leftist, goofy Keynesian, been-there done-that policy dead-end is all they seem to have! How about implementing any combination of the following: Cut taxes. Lower or Eliminate the corporate tax rate. Put a moratorium [...]
ThoughtRogue: That’s right Zo – RINO’s, get lost! This guy understands economics better than anyone in Faux-bama’s entire administration…
-ThoughtRogue: It’s an inconvenient fact that whatever is subsidized, it encourages getting more of it. By Thomas Sowell, Author of Economic Facts and Fallacies The only person toward whom there is no compassion is the taxpayer. The federal government has decided to bail out homeowners in trouble with mortgage loans up to $729,000. That raises [...]
NC: Earth to Liberals: the secret to pulling out of the looming Depression is simple – (1) Stop the bloat of Big Daddy by reducing federal spending, (2) Stop borrowing ever more from the Chinese, (3) Stop printing our currency like you’re manufacturing candy, (4) stop taxing (stealing) the U.S. Citizenry blind, (5) Eliminate all [...]
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