Political Economics 101

I read a report today that makes me really scratch my head in utter disbelief. It really just shows how disconnected our politicians are from reality. The reality of economics.

Joe "I need a muzzle" Biden was speaking to an AARP group about healthcare. And what he says just really highlites the lengths to which our Elected Officials have gone to get away from responsible decision making, not to mention their forgetfullness of Economics 101.

Joe was discussing the new Obama Deathcare System when he said the following:

"And folks look, AARP knows and the people with me here today know, the president knows, and I know, that the status quo is simply not acceptable. It’s totally unacceptable. And it’s completely unsustainable. Even if we wanted to keep it the way we have it now. It can’t do it financially. We’re going to go bankrupt as a nation”.

Well OK Joe, you got this one right. Because of you and the rest of the asinine politicians in Washington, our country is going bankrupt. It is a fact. I'm just glad someone is finally admitting it.

But not to be outdone, even by himself, he continues on.

“We’re going to go bankrupt as a nation, now, people when I say that look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt? The answer is yes, that's what I’m telling you."

Wow, how does that happen? How do you spend your way out of Bankruptcy? Let me check my copy of Economics for Dummies...... Just as i expected to find. When one is in a time of Financial Trouble, one needs to cut back on spending. Financial Trouble occurs when the finances you have going out exceed the finances coming in. So how in hell is it ever going to be possible to spend your way into prosperity? Spending historically has reduced prosperity.

But i just realized that the copy of the book that the politicians read from is Economics for Dummies (The Non Common Sense Edition).

So people, get ready. Our country is driving down the road to Bankruptcy, and our politicians are steering the bus. We better get off, take over the bus, or be ready for the Chinese to repossess the bus.


Viva Liberty!