Thursday, October 23, 2008

BHO still doesn't understand economics

I just heard BHO talk about "growing the economy from the bottom up." WOW! What school of economics did this guy fail out of?

You can't grow an economy from the bottom up for one simple reason:

THERE IS NO CAPITAL AT THE BOTTOM!!!!!!

In a capitalistic world, the private sector provides the capital from which the economic engine is fueled. In a socialistic world, where the USSA is heading, the capital is controlled by the government and then doled out to those the government thinks are most deserving, but they are usually always wrong.

The proof: show me a socialistic government that is a powerhouse?

I knew you were going to say China. China is not socialistic, it is communistic and that's completely different. Socialism has the smile of capitalism, but the fist of central planning. Communism has both the face and fist of central control.

So, when BHO and his SMDC come into power in January 2009, expect to see the economy go from one that is trying to recover to one that is knocked out flat by the government intervention and control that the new administration will put in place.

This will cause the economy to tailspin, but this is good for them since they will be able install more and more government control to try and deal with the problems they are causing. It's like:

CAUSE THE PROBLEM, then TAKE CONTROL to SOLVE the PROBLEM.

Not bad work if you can get it, eh?

No comments: