I hate to say it but Maker's Mark's understanding of macro-economics resembles the image on the left.
So all you got to do is, 1) tax heavily, and 2) spend thoroughly, exploding the federal budget $850B in the process, and as a result a plethora of miraculously wonderful things begin to happen.
The Oprah-tization of America continues unabated.
Why stop there, I ask?
Let's....I don't know, DOUBLE the federal budget over the first Obama term?
I think we should give everyone "free" health care, a "free" college education, a "free" first car, government subsidized spa treatments, mortgage debt relief for all citizens, individual concierge service for every person, "free" gas in the winters and "free" electric service in the summers, $10,000 upon graduating from high school, $30,000 upon graduating from college, $50,000 for every couple getting married.....oh and $50,000 for every couple getting divorced.....
Do you actually think that complex societal problems are actually solved by government spending?
Do you know that since Johnson's War on Poverty started in the mid-1960's the US has spent over nine trillion dollars fighting poverty.....that's a nine followed by nine zeros.....but yet, strangely, poverty persists....it's almost like just money doesn't solve problems.....but that can't be......
There is indeed a cost associated with re-directing assets and resources towards endeavors like this.
Huge costs.
2 comments:
I will repeat myself again.... (in tired, worn out voice), Obama cannot possibly pass all those bills in one term, let alone two terms. For you to imply he could, or even would, is false.
He will move to the center and pass whatever bills a balanced budget will allow. He will raise some taxes, and he will stop some spending, while starting other types of spending. He saw how well it worked for Clinton. He's not stupid.
But I guess a liberal like Obama just CAN'T be smart enough to be fiscally responsible. Only conservatives can understand how to run a country, right (the last eight years are an exception.)He cannot stop himself from wrecking the economy and nation, because that's all that liberals do....
Wait my comments do resemble the pie! Hot, tasty, all-american, and filling!
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