print“Obama: U.S. economy cannot afford [a government] shutdown.” Unless the government continues “making key investments in things like education, infrastructure [and] innovation,” we won’t “win the future.” [Transcripts]
This dyed-in-the-wool statist needs the aid of Lego or some sort of pop-up children’s model to figure out that dolling out unemployment benefits, state aid, and government jobs programs, all necessitate the seizure of private wealth through taxing, borrowing, and printing paper.
That cannot create wealth! The fact that some individuals will get wealthy or be “helped” leaves out the unseen; the overall poverty and misery he, his minions and their schemes create.
There is no big secret about “creating” jobs. Government can’t do it. Unless it sucks more capital and credit out of the private economy, it has only the capacity to consume wealth, not create it.
Here’s a simple, crude model for Obama the statist. Play with it with the First Girls. Recommend it to your Fabian friends, Mr. president:
Put 10 blocks in box A. Take 5 blocks out of box A and place them in box B. The owner of box A is 5 blocks poorer, the owner of box B is 5 blocks richer. Total number of blocks: still 10. Total blocks added (or wealth created): 0.
Come on BO, you can do it.
The best BO can do is take a hike; go on a 4-year vacation; walk the plank; just GET OUT OF THE WAY!
But, as in past years, the American sheeple will act stupidly and re-elect this community organizer so he and his fellow travelers can absolutely destroy the country. Go figure.
Check your premise… they don’t _want_ to be good economists. They WANT POLITICAL POWER. They are behaving accordingly.
But you are wrong. While you are moving blocks from box A to box B, your assistant runs around the neighborhood rummaging through toyboxes for more blocks, palms them and drops them into box A while nobody’s looking. And voila! Wealth created.