Tag Archive: Failure of Keynesian economics

The costliest war the left stuck us with

Is without a doubt the war on poverty. And like every war the left has been involved with since WW2, it has been a miserable loss for America and the American tax payer. From the article:

Today, the U.S. Census Bureau will release its annual report on poverty. This report is noteworthy because this year marks the 50th anniversary of President Lyndon Johnson’s launch of the War on Poverty. Liberals claim that the War

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What progressivism – Social Justice, in a nut shell – always ends up being.

Venezuela is the latest example of what progressivism works out to be in a nutshell. Chavez, another idiot that gained power passing himself off as a man of the people, and buying votes by promising to rob his country’s producers in the name of some fabricated and idiotic social construct, has ruined what once was a growing and thriving economy. Sure Venezuela had problems and poverty before Chavez, but things are far, far worse, today. … Read more

Why tell little lies when you can get away with big ones?

While I will admit that anyone making the case that there is plenty of competition for all the lying done by this WH, the argument can be made that the ludicrous claim they are transparent in their dealings and want an independent press can be seen as taking the cake. With so many key Obama people, all under investigation, destroying subpoenaed evidence, or the history of Obamacare and the lies and vote buying that … Read more

This is happening by design

You would think that the morons at the LA Times, considering how blatant the evidence is to make the point, would realize that the revelation that 40% of American households are under financial stress, actually is a repudiation of the “social justice” agenda. Instead they are arguing that the cure for this distress is more of the very policies and practices that cause the harm. For these collectivist twits there is no economic malaise … Read more

Spin debunked.

Today’s big headline is that “Dow drops 200-plus points; stocks negative for July“, which coming on the heels of the almost surely to be found out as bunk revelation by the desperate Donkey mouthpiece of former fame and glory claiming for the umpteenth time that the economic recovery is here, should make you wonder.

Scuttlebutt I heard is that when you really break down that 4% growth the NYT claims happened you … Read more

What would the crack addict say?

Who would be surprised that when asked what the best solution to his drug problem would be, a crack addict would say the answer wasn’t to get into drug rehab, but to get more crack to smoke? Similarly, who would be surprised to find that when progressive shitbags get asked how to fix the massive deficit spending by the Obama administration their answer wouldn’t be to get spending under control, but that people already fleeced … Read more

That was then…

Yeah, that Video is Obama back when he was telling us to believe in big nanny state collectivist government. He and his donkey horde were going to fix all the shit evil Boosh and President Cheney had broken. As I predicted then, the exact opposite happened. Progressives, like little children are masters at undermining others running government and finding everything they feel is faulty, but when they are running the show, things really go … Read more

Progressives and their money…

I have always held the belief that today’s modern left is simply a modern day version of the old and corrupt aristocratic members of the feudal or guild systems of the middle ages – entities that closely guarded access to the benefits that membership provided, while lording it over everyone – and amounts to nothing but a protection racket for the connected. The progressive oligarchy smartened up however, knowing that simply doing business as usual, … Read more

Seriously? This is news how?

Gallup has a poll/study titled “In U.S., Depression Rates Higher for Long-Term Unemployed” which makes the claim that “Mental health poorest among those jobless for six months or more” as seen here:

WASHINGTON, D.C. — The longer that Americans are unemployed, the more likely they are to report signs of poor psychological well-being. About one in five Americans who have been unemployed for a year or more say they currently have or are

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An idea I am behind..

The next big bubble that will burst, if the wholehousing market or government money printing & incessant borrowing leftist agenda, and forced anti-savings money policies, which the Europeans have adopted, doesn’t blow up on us yet again, will be the student loan bubble. There is another $1.2 trillion of tax payer liability, waiting to blow up as the economic policies of the nanny staters create even more unemployment for the … Read more

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