Skip to comments.Basic Economic Reality 101
Posted on 04/01/2011 4:47:20 AM PDT by ShadowAce
In 1992, Bill Clinton won the White House by focusing on the simplest of messages; "It's the Economy, Stupid!"
Today, the nation's malaise is, in largest measure, a function of, "It's the Stupid Economy!"
Unfortunately, the voting public is woefully unaware of basic economic principles and realities and so they keep allowing the politicians (who are RESPONSIBLE for that economic ignorance by design!) to keep making policies that ensconce the politicians in perpetual power at the expense (LITERALLY) of the productive segment of the voting populace and creating a permanently dependent underclass voting bloc which empowers them.
Therefore, secure in the belief that an educated voter is a Conservative voter, I present the following lesson!
The political Left in America depends on your ignorance of the fallacy of 2 popular myths which they perpetuate and promote. The first of these is the "Zero Sum Game".
In this myth, the idea is that there is a fixed amount of wealth. In order for one person to get more, someone else must get less. If someone has "too much", it deprives someone else of the opportunity to have "enough". This is the basis on which the Left promotes class warfare!
The Left fans the flames of class envy and resentment at every opportunity. The recent Shirley Sherrod incident again highlighted this and most folk never even noticed it!!
In the "complete" tape wherein her "redemption" from racism took place she replaced racial conflict with class warfare! In her words, it became the "Haves VERSUS the Have Nots".
The fact is that the American Economy is NOT a zero sum game. Wealth is CREATED whenever a new product or service of value is created. Whenever innovation creates a product or improves a process, or efficiency is improved through technology, the economy grows.
(Excerpt) Read more at examiner.com ...
If I weren’t too busy working I’d develop a video game that models this dynamic. Dictators v. Patriots. It will ultimately the only way to mainline an intellectual fix into the minds of those who need it.
That’s a pretty decent idea. Today’s college students can’t get the opportunity to learn the real truths due to the marxist profs.
This is all fine, but we don’t just have welfare for the poor. We have welfare for Wall Street and welfare for all the world’s little troubles, and the total diversion of resources from productive means to other things is more than we can afford.
True. We must curb our spending. The recent cuts are a good start, but not nearly enough.
pingy thingy fer yer archives...
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