Friday, November 6, 2009

Basic Economics and Life in America

Well, I see that unemployment has reached 10.2% and the government continues its socialist policies to spend more than it makes. When will these guys learn that money is created by small businesses not government stimulus programs? A first year economics student know this unless he has been tainted by some Keynesian professor. Keynesian economists have never met a tax they did not like nor a government regulation that made them salivate like Maslov’s dog.

When taxes are cut, people feel free to risk their monies to build existing businesses or to start new ones. Obamanomics puts the government in the place of business and uses onerous regulations to stifle creativity and free market ventures. How long will it be before we realize we are in the midst of a nightmare of increasing horrific proportions. How did we get to this place in history?

1-We allowed Marxists to take over institutions such as our schools, churches and our government.

2-We allowed demonized thrift, creativity and rugged individualism.

3-We humanized God and idolized man.

How can we change this? Well, you tell me!

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