Epic Fail

Patricia D once again proves that the average American adult is too ignorant and stupid about basic economics and that we should test people before we give them the right to vote.

OK, one more time, just because I love flogging this dead horse.

Liberals, leftists, socialists and other people who generally disagree with me about all matters economic.

Your understanding of how the economy works is wrong. You believe in the GLEOC model which presumes investments in education, health care, welfare, etc. will some how magically spur jobs. To pay for this you have only one, very tired, very worn out tool;

Tax the rich/corporations.

The problem is that you are once again putting the cart before the horse. Education, health care, welfare and whatever other things you call "investments" have no merit unto themselves. They do not spur jobs. It is the pursuit of profit, material items, wealth and the happiness that creates jobs. And when you punish people through taxation and (as it actually pertains more to Obama's policies) scare those "evil businesses away" with taxation and regulation for DARING to make a profit or DARING to buy luxury items, you kill the one thing that creates jobs.

If you don't believe me, think of it in another way. Is there any purpose of getting an education if there are no jobs? A lot of former Obama supporters who are recent college graduates are getting to face this question. Of course those who are too ashamed to admit they were wrong will claim "education is not about finding a job, it's about becoming a better person and getting an experience." I wonder how long they will stand by that argument when there's no food on the table.

If that doesn't convince you, then ask yourself this question. Does the existence of a government result in the creation of a society? Or is it the existence of a society that results in the creation of a government?

The short version of GLEOC is that the government does nothing to produce real economic growth and therefore real jobs. Simply because by its nature it can't. It GOVERNS society. It lives off of society. If there was no society, there would be no government. Ergo it is society that needs to create the jobs, not government.

Regardless, you keep voting in what deep down inside you all know to be true ignorance. You keep letting your ego and your feelings get in the way. You keep on telling yourself just like an aged 1960's hippie-turned-burnt-out-professor you were right for all these years even as the economy collapses around you DESPITE having more or less complete liberal policies enacted. It won't do a damn thing for you, and worse, it will make your children's future truly worse.

Or perhaps as my friend John said, "I love watching liberals have children nowadays. It's great entertainment. They now finally have skin in the game."

Enjoy the decline!