Tag: Failure of Keynesian economics

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 by insane taxation levels need to be hammered even harder:

America is undertaxed, and the result is underfunding of public investments that would improve our economy and the overall welfare of Americans. Fortunately, Congress has several straightforward policy options to raise revenue, mostly by closing or limiting loopholes and special subsidies imbedded in the tax code that benefit wealthy individuals and profitable businesses.

Part I of this report explains why Congress needs to raise the overall amount of federal revenue collected. Contrary to many politicians’ claims, the United States is much less taxed than other countries, and wealthy individuals and corporations are particularly undertaxed. This means that lawmakers should eschew enacting laws that reduce revenue (including the temporary tax breaks that Congress extends every couple of years), and they should proactively enact new legislation that increases revenue available for public investments. Parts II, III, and IV of this report describe several policy options that would accomplish this. This information is summarized in the table to the right.

What a pile of fucking bullshit. And remember, these are the same people that constantly get caught not following the tax laws they impose on us little people. America is over taxed. The shitty economic situation we find ourselves in proves it. What we have is a spending problem. But don’t as my opening statement proves, when you ask a crack addict how to fix his problem, he isn’t going to say rehab. He is going to ask for more crack to smoke.

The other day we had a discussion in the comment section of one of the posts here about how the big it was not fair to blame Obama and demcorats for the deficit spending of the last 6 or so years, because the talking point was that it was all the fault of Boosh’s war adventurism. Some of us pointed out that the left would have spent the money anyway. This belief that the solution to the spending problem we have now is more taxes should leave no doubt that the left actually feels we are not spending enough on their vote buying schemes.

Remember the orchestrated, but thankfully unsuccessful, campaign to pretend that they had to deficit spend because of Boosh tax cuts? The left never feels, and will never feel, the issue is that they want to spend too much on vote buying. And if we let them get their way, things will get worse. The connected will rake in a huge chunk of the cash they steal from the productive. They economic disaster caused by their policies and practices will drive even more people into the dependency camp (that’s something they actually see as a bonus). And the productive pool, as well as the middle class, will again be shrunk and hammered. The left knows what they stand for doesn’t work, but they don’t care. That’s because it has always been about power and the ability to steal from the productive. These scumbags prey on the envious/jealous and greedy parasitic entities to rip off those that actually are doing the things that keep our society working. Fuck that.

We don’t need higher taxation levels: we need to destroy the progressive movement and their campaign to steal from the productive.

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 south, and go south fast and bad. Six years into the Obama years I don’t think they can keep blaming Boosh with any legitimacy outside the regular circle jerk.

Let’s face it people, Obama took all you douchebags for the dunces you are, and then did exactly what every other donkey before him did: they fucked things up beyond recognition (FUBAR). Remember that this guy has a friendly media covering for him. Things are far, far worse than they seem, and they seem really fucked up.

There is a reason people like me know the scariest words in the English language are “We are from the government and we are here to help you”, and that is because government – especially progressive government – services its citizens like a bull services a cow.

Speaking of which…

The other day I walked into a bar and heard three real portly ladies talking with what I assumed was a Scottish accent. Always curious about other people and cultures, I greeted them with a cool “Pardon me you ladies, are you perhaps Scottish?”, only to be rebuffed. One of them looked at me with disdain, rolled her eyes, then told me in a nasty voice “It’s Whales you fool!”. Me always being a gentleman and not minding being corrected, apologized and asked them “Pardon me you whales, are you perhaps Scottish?”…..

Ah, the age of Obama.

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, basically maintaining and growing its power and wealth, as was done on the olden days was not going to work. So instead of risking the mob turning on them, they shifted gears, pretending to help the less fortunate, while keeping business as usual. Don’t take my word for it.

Under Black Jesus, the super-rich have accumulated wealth at a pace that would have the progressives, both in politics and in the media (yeah, I know they are practically all progressive retards there), howling mad if the WH was occupied by a guy with an (R) next to their name. This has coincided with policy shifts that have drastically grown the handout class. More people than ever are now on some form of public assistance, primarily because the economy has been castrated and employment, especially full time high paying jobs in the private sector have all but dried up, and that number only looks to grow larger. Between the insane money borrowing & printing policies that are driving up our debt at an insane pace that makes anything that came before look tame, causing drastic inflation that we keep getting told is not happening by our political masters while the dollar’s power dwindles, and the anti-business vote buying schemes and scams like Obamacare, I remain surprised at the strength of our private sector’s ability to weather this storm.

But while these progressive policies are helping the ultra-rich get richer and keep power, by expanding the “Vote for a living” class membership, the real power behind America’s exceptionalism and economic success, the middle class, is getting destroyed. Of course, the truth is that all leftists systems end like this. Look at communism for the proof. From the old USSR, Cuba, and North Korea, as examples of abject failures, to more successful entities like China, the fact is that these progressive systems are based on a 2 class system. The first is the obvious oligarchy that runs the place and has all the power and wealth. They don’t have to won it directly, but people know better. Then you have the serfs: the rest of the schnooks that are fed a constant line of populist and anti-capitalism line bullshit, do all the work – when you can get them to work for the peanuts they get paid while struggling to get basic necessities – and reap none of the rewards, unless you think a reeducation camp, a gulag, or a bullet to the head is a reward.

Socialism is not much better. Look at Venezuela or any of those Arab oil states. Sure, our resident libs love to tell us about Israel, New Zealand, or Europe, but the truth is they are doing nothing more than the progressives in the 70s and 80s did in the US writ places like New York State, Michigan, Illinois, and California. Back then the progs told us all how their policies were directly responsible for the economic growth and success these places experienced, and even if there was a nugget of truth to it, today every one of these states or fiefdoms is facing hard times and bankruptcy. Most European socialist states are unraveling as well. That’s because this shit doesn’t work. You can’t keep borrowing and pushing the responsibility to pay the debt on others, all so you can prop up a system that pretends to do what it does to help people, but rarely does anything of the sort. Collectivism doesn’t work. And there is no room for a middle class in any of these progressive systems.

So why this long rant? Well, the whole thing is a setup for another obvious instance of the left’s double standards. What else do you call the revelation that people that advocate wealth redistribution policies but then work hard to avoid them for themselves ?

Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it.

To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, will help shield some of their estate from the tax that now tops out at 40 percent of assets upon death.

The Clintons created residence trusts in 2010 and shifted ownership of their New York house into them in 2011, according to federal financial disclosures and local property records.

Among the tax advantages of such trusts is that any appreciation in the house’s value can happen outside their taxable estate. The move could save the Clintons hundreds of thousands of dollars in estate taxes, said David Scott Sloan, a partner at Holland & Knight LLP in Boston.

“The goal is really be thoughtful and try to build up the nontaxable estate, and that’s really what this is,” Sloan said. “You’re creating things that are going to be on the nontaxable side of the balance sheet when they die.”

The Clintons’ finances are receiving attention as Hillary Clinton tours the country promoting her book, “Hard Choices.” She said in an interview on ABC television that the couple was “dead broke” and in debt when they left the White House in early 2001. After being criticized for her comments, she told ABC’s “Good Morning America” that she understood the financial struggles of Americans

Look, I am not denying anyone the right to try and keep as much of their income as possible. But if you ever had perfect examples of the progressive movement’s bad guys, your stereotypical robber barons, it’s the Clintons. They have made a ton of money out of being politically powerful and connected, and have done so while decrying that very practice. It’s the same hypocritical shit that allows someone like Michael Moore to get stinking rich making idiotic and pedantic bullshit they pass off a serious documentary reporting, but amount to nothing more than ranting against the very system that allows him to rake in the cash. It’s despicable.

One set of rules for thee, and another for the progressive oligarchy. Now I can understand their motivations. What I don’t understand is how the people that lap up the class warfare cock these oligarchs use to maintain their grip on power and their exclusive clubs don’t see through it. At least the other such two tiered systems didn’t make any bones about the motivation of the people in power like any of the collectivist systems the progressive movement so love does.

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 being treated for depression — almost double the rate among those who have been unemployed for five weeks or less.

These findings are based on surveys with 356,599 Americans, including 18,322 unemployed adults, conducted in 2013 as part of the Gallup-Healthways Well-Being Index.

Gallup finds that unemployed Americans are more than twice as likely as those with full-time jobs to say they currently have or are being treated for depression — 12.4% vs. 5.6%, respectively. However, the depression rate among the long-term unemployed — which the Bureau of Labor Statistics defines as those who have been seeking work for 27 weeks or more — jumps to 18.0%.

Is this another incidence of common sense seems fleeting to these people? Look, nothing is more devastating to someone that feels pride in doing work and taking care of themselves than the ability to do that. None of the bullshit “safety nets” put in by liberals can compete with the ability to actually stay gainfully employed by people that value such a thing. Sure, if you are one of those perpetually sucking at the government teat types, depression will come when you no longer can mooch off the productive, but I fucking could care less about those people being depressed. In fact, I would love to see a whole lot more of that, and a lot less formerly productive people being depressed because economy crushing psuedo-marxist-fascist nanny state progressive government expansion have ravaged the employment landscape.

Nothing is free. No system that rewards negative behavior will ever do anything but encourage more of it, no matter how noble the intent behind it. Life is harsh. People that want to forget or mitigate that always make it worse. Ben Franklin pointed out how one should never trade freedom for security, because you would end up with less of either, but I think this philosophy applies in a far broader sense than he meant it (or perhaps as we understood what he meant).

Our current social system is broken. It doesn’t exist to serve those productive members of society that are temporarily afflicted with bad luck or circumstances that require them to seek help – in fact, it often punishes those people, harshly, requiring them to lose everything before they qualify for help – and actually exists to prop up an ever growing segment of people that feel entitled to the fruits of other people’s labor, simply by the virtue that they were born. Romney got demonized, obviously by the special interests that gain the most from the existing broken system, for pointing out that a very dangerously large portion of our population now votes for a living, but he was dead on. Unemployment compensation, food stamps, and any other such government assistance are a poor substitute for gainful employment, but you can’t buy votes from people that have economic freedom and don’t want to be ripped off by your unicorn fart sniffing cult.

The most important thing that our government should have been doing over the last 6 years was to make changes that would encourage economic growth and employment. Instead they pretended to implement things to “help” people that did the exact opposite and cost us economic growth. And that was all done while incurring massive and insurmountable new debt levels. Obamacare is the biggest economy killing government scam to come our way. We should get used to European level unemployment here, as this system can’t avoid causing that, while watching the quality, access to care, and improvement of care go down, while costs, waiting times, and pain go up. Don’t take my word for it: the horrible happenings that amount to the VA scandal, which was so conveniently removed from the public eye recently, is Obamacare as a Proof of Concept. And Obamacare has plenty of help from other economy crushing progressive agenda schemes and scams, like the recent EPA regulations that have continued to make the cost of energy skyrocket.

Unemployed, and those unemployed for a long time, are going to be depressed. They have been robbed of their dignity by a system that feels it is more important to protect those that vote to keep the nanny state big and fat than to actually help them.

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 people leaving college with massive debts. And when it goes, you can bet that it will be those of us that bailed the government, their friends and donors in the “Too big to fail” industries, and are now paying for the democrats to buy enough votes to give them more than even odds at retaining power and causing more misery for us all, that will foot the bill for that too.

So you can see why I live the idea of having colleges be partially responsible for giving out student loans. It would both act as a deterrent on the faster-than-inflation rise in higher education costs, and the idiotic admission policies that have turned everything but the hard science and engineering schools of practically all universities and colleges into indoctrination camps for the lefts idiotic ideas. That’s probably why nobody on the left would ever want to put a policy like this in place either, but it would definitely address the problems affecting the higher education establishment, and our country as a whole, all at once.

If a college or university lets an under qualified high risk of failure applicant in, usually over better qualified ones, and they fail, then having to pony up lets say 60% of what that student owes will act as the best deterrent against these stupid policies. Similarly, letting students attend college for a fortune to learn skills that will not qualify them to do anything but flip burgers, will wipe out all these fringe and useless degrees people pay an arm and a leg for, usually so they can party hard for however many years it takes to get a degree these years. I am sure the fluff schools, where most of the leftist indoctrination and monolithic thinking goes on these days, wouldn’t want something like this, ever. It would be the end of their goose that laid the golden egg era.

So, yeah none of the academic institutions now profiting of the incestuous relationships between the government mandated loans and their institutions, and even the leftists in government, would suffer from such a move, but the students and the tax payers that foot the bills when the students default, currently screwed over by these institutions and their buddies in government that like the deal because they get a lot of leftist indoctrinated drones that will vote for them, sure would.

Maybe that’s precisely why we will not get it ever. Right now the progtards are getting the best of all worlds in this exchange. The left has too much to lose, and they love doing things that make them rich and powerful, as long as they don’t have to foot the bill themselves.

Well, DUH!

Becoming a doctor is not an easy thing to do. You have to be gifted with a lot of mental acumen, work like a dog to have the grades to get into Med school (unless you can ride the affirmative action bus it seems), and have the constitution of a bull to make it through the internship process. And you pay through the nose to have this experience. It’s not uncommon for someone to finish their med school experience, anywhere from being a generalist to a specialist, with anywhere from $200-$500K in debt. And then come the years of brutal work, mostly to pay this debt off. Even becoming a nurse is a painful and expensive process. There is nothing easy or simple about the medical profession, where even the smallest and most mundane tasks and choices can have life threatening or ending consequences, so the education required – by law – to qualify is daunting, and access is heavily controlled.

Of course, your average progressive feels that nobody but the minimum wage earners, certainly not people in a profession where they are custodians of the ill, and definitely not your pampered doctors which should be doing things out of the goodness of their heart, should be paid big money. Profit is evil. After all, healthcare is a right, and nobody should be profiting from any other’s misfortune! It just flies in the face of the unicorn fart sniffers that anybody but the political oligarchy can make a fiscal windfall from their hard labor and years of sacrifice. So, we should not be surprised that as the left pushes harder and harder for control of healthcare to end up being a “service sector” dominated by their idiotic beliefs and controlled by government, that we end up with a doctor shortage, exacerbated by the evils of Obamacare:

Last week, an investigative report revealed that 1,700 veterans who wanted to see a doctor at a Phoenix Veterans Affairs hospital were missing from an official waiting list, mirroring a tactic used at two dozen other facilities across the country to mask long waits for medical care.

A few hundred other people are missing from the Veterans Affairs system, too: doctors. he Veterans Affairs Department is 400 doctors short, The New York Times reports. But the doctor deficit is not limited to the VA—it’s a nationwide problem.

America is running out of doctors. The country will be 91,500 physicians short of what it needs to treat patients by 2020, according to the Association of American Medical Colleges. By 2025, it will be short 130,600.

Like at the Veterans Affairs Department, demand will be highest for primary-care physicians, the kinds of doctors many people go to first before they are referred to specialists.

While students are applying to and enrolling in medical schools in record numbers, high interest does not necessarily mean more doctors. The number of residences—crucial stages of medical training—has not risen with the number of applicants, thanks to a government-imposed cap. The Association of American Medical Colleges has pushed Congress to change the law, predicting that there won’t be enough residencies for young doctors by next year.

Meanwhile, the number of patients is increasing. Millions of previously uninsured Americans are now able to seek medical care under the Affordable Care Act. Baby boomers are getting older and racking up new ailments, which means they making more trips to the doctor’s office. (The boomers who are doctors themselves are nearing retirement age.)

And both insured and uninsured Americans—including veterans—are sicker now than ever before.

Yeah, this all bodes well for us. The debacle at the VA is just a sneak peak at a fraction of how bad Obamacare will turn out for those of us forced to depend on government controlled healthcare. The idiots that dislike the private sector’s involvement in healthcare – because of profits – never seem to grasp the concept that while the private sector can be regulated and dissatisfied customers can choose to go elsewhere, both of those two critical mechanisms vanish when government controls healthcare. And nobody is pettier and more prone to corruption and evil than your average government bureaucrat.

Welcome to the future. Enjoy your doctor while you still have a choice and can get to one. Get used to the idea of those death panels the left gets so pissed off about when we point out that’s the logical conclusion of their policies, because they are coming our way.

They have been doing that for 5 years now!

What’s the “THAT” that I am referring to? I wrote before about that snow job they tried to use to hide the damage done by the left’s policies. Well, others are also pointing out that the members of the DNC controlled LSM have been desperately spinning ever worsening economic data in order to help their incompetent marxists-fascist nanny stater fellow travelers ruining the economy from receiving their due:

The big news Thursday was that America’s economy shrank during the first quarter of 2014, its worst performance in three years — but reporting that news apparently didn’t sit well with several major media outlets.

The U.S. Commerce Department’s Bureau of Economic Analysis revised the numbers downward from prior estimates to show the nation’s GDP contracted at an annual rate of negative 1 percent. It was the first negative quarter since 2011, and one more three-month stretch in the red would put the U.S. is back in recession. But nightly newscasts sought to present the data as a blip, blaming it on the weather — if they mentioned it at all.

“All that snow and ice froze business, but most economists believe it sets the economy up for rebound this quarter and there are some encouraging signs in the numbers,” CBS News’ Anthony Mason reported.

Neither ABC nor NBC reported the disappointing numbers at all. The preliminary quarterly estimate from the U.S. Department of Commerce had been that the economy grew at a modest 0.1 percent rate.

Economists, including those at the Federal Reserve, generally agree that unusually brutal weather played a role in the economy contracting by a full percent for the first three months of the year. Some say President Obama’s economic policies didn’t help, either. But while that kind of analysis has a place in fair and balanced reporting, such rosy spin rarely found its way into headlines during the economic doldrums of the Bush administration.

“When the media aren’t ignoring bad economic news to protect Obama, they’re spinning it into good news,” Media Research Center’s Brent Baker, who drew attention to the apparent double standard on the MRC’s NewsBusters site, told FoxNews.com. “That sure wasn’t a favor the press corps ever provided George W. Bush.”

The New York Times used the double entendre “Frigid First Quarter” to characterize both the lack of economic growth and the reason for it, while media outlets more versed in economics, such as Forbes, simply stated the facts up front and allowed informed sources to provide commentary below.

Brutal weather my ass. The real brutality against our economy is five plus years of deficit spending that make the worst Boosh years look like peanuts, and all while passing a slew of economy destroying pie-in-the-sky leftard laws that have devastated any chance for growth, culminating with the biggest economy damaging piece of garbage to ever slam the American people: Obamacare.

There must be an election soonish….

Prepare for more economic havoc

So, it seems that according to the NYT, whom I will admit is neither impartial or trustworthy when it comes to reporting the facts and truths about things the left does, that there was a ruling, not by any court but just by the rogue IRS agency that would deny employers the ability to not offer healthcare:

WASHINGTON — Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day — or $36,500 a year — for each employee who goes into the individual marketplace.

The ruling this month, by the Internal Revenue Service, blocks any wholesale move by employers to dump employees into the exchanges.

Under a central provision of the health care law, larger employers are required to offer health coverage to full-time workers, or else the employers may be subject to penalties.

Many employers — some that now offer coverage and some that do not — had concluded that it would be cheaper to provide each employee with a lump sum of money to buy insurance on an exchange, instead of providing coverage directly.

But the Obama administration raised objections, contained in an authoritative question-and-answer document released by the Internal Revenue Service, in consultation with other agencies.

The health law, known as the Affordable Care Act, builds on the current system of employer-based health insurance. The administration, like many in Congress, wants employers to continue to provide coverage to workers and their families.

“I don’t think that an employer-based system is going to be, or should be, replaced anytime soon,” President Obama said recently, when asked if the law might speed the erosion of employer-sponsored insurance.

Score one for the marxists-fascists in ruining the US, making it so government can take over healthcare, and fighting evil profits, you say? Well sure, if you think the IRS is the ultimate legal authority, and the constitution is just some old piece of paper we can let the left wipe their asses with. I know this sort of extra-legal bullshit has been a pattern with the left, where organizations form the DOJ to the EPA decide how to interpret laws, or even write their own laws, while the judicial branch just sits by idly and lets this usurpation of power go ahead, but this one is bound to result in massive litigation. And it won’t work either way.

When faced with an overwhelming cost increase that directly undermines their ability to function as a profitable entity (this is the real reason the left hates the private sector), for whatever reason, employers will do what they have always done: they will cut costs by shrinking their workforce. The economic woes we see now are just the beginning of something far worse, and believe you me it will get worse. Most large companies are already looking at their alternatives and options. I expect a much larger push for even more outsourcing and a drastic reduction of their work force. Those that they opt to keep on their payrolls will be expected to pick up the slack, without any jump in compensation, as usual. Many companies will drop their employees from the plans, because the cost of healthcare will be too much. Especially those employees that do cost more than whatever arbitrary cap they set. $36K for healthcare is nothing when you are paying for people with some costly condition. There will be a lot of part time companies out there sooner than later, too. Think the economic situation is bad right now? Well, it is about to get even worse.

BTW, this article smells of nothing but battlespace preparation. It is replete with nonsense leftard shit that won’t stand the test of time, and blatantly intended to temporarily give the left, which is looking at a shellacking in November of this year because of Obamacare, some temporary cover at the polls. Don’t you believe these liars and their mouthpieces in the LSM. The NYT is doing nothing more than providing the tyrants cover for the coming election. This is going to be contested, and in the end, we will all end up as government dependents for our healthcare. That has been the plan from the start for these marxist-fascists whom believe that once government controls healthcare they will truly own us serfs, and the idiots that keep voting for them out of greed and envy.

Try as they might, the left will never be able to regulate the laws of economics and human nature, and that concept of social justice will only lead to more hell on earth instead of that heaven the marxist-fascists think their new god – big government – can provide them. The oligarchs and those connected to them will prosper, while the rest of us will all end up equally miserable, because that’s the way socials justice always plays out.

Can’t keep pretending all is well…

If you still hold the dubious and insane belief that economy impacting liberal policies – and let’s be frank, practically everything libs do has huge negative economic impact – should still be defended because in the end they mean well, ask Californians how they feel about it. As little as 3 decades ago, the collectivists were pointing at California, with all its giveaways and stupid green shit, as the model for the new world order. The insanely destructive liberal beliefs could be made law of the land, and prosperity would still ensue. Nothing could derail progress, and only racist, homophobic, misogynistic, gun grabbing religious freaks believed otherwise. Reality, once you start running out of other people’s money, begs to differ.

The list of examples, clearly showing the failures of the agenda of the wealth redistribution class warriors, is long and distinguished. Wherever they get their way things go south. Of course, if you dare point out they are destroying the goose that lays the golden eggs or that they are doing something unsustainable, you are immediately accused of having ulterior and evil motives. That’s so you can’t force them to actually have to defend their failures. You can’t, after all, defend the indefensible. Nothing is free. Someone always pays. And when government is involved, we pay way too much and get a fraction of what tat is really worth.

California is a micro cosm of the faith of the US. The longer the collectivists get to fuck over the sheep, the worse things will get.

Are we there yet?

While desperate democrats, worried about the well-deserved shellacking that should be coming their way in the election at the end of this year, are desperately pissing away tax payer dollars to ward off the disastrous consequences of their economic policies, the truth about how horrible the impact on said policies on the economy is can’t be hidden:

Despite adding more than 8 million people to the working-age population since 2007, total employment has declined by half a million, according to an analysis by the Senate Budget Committee.

Before President Barack Obama took office 259.7 million people were part of the working-age population, or between ages 16 and 65. Now, the number has risen to 267.7 million.

However, in the same time period, total employment declined from 146.3 million to 145.7 million. In other words, 531,000 fewer people have jobs.

“This statistic highlights an alarming trend that has embodied the president’s economic policies: more and more people are leaving the workforce entirely,” according to the analysis, which was released by Ranking Member of the Senate Budget Committee Jeff Sessions (R., Ala.). “There are 58 million working-age people who are not working, and the labor force participation rate stands at 62.8 percent, the lowest level in 36 years.”

And while most leftards would point out s large chunk of those that have left the workforce are now on some form of government assistance, be it unemployment compensation, which usually means they are subsiding on a fraction of what they should be earning in a decent economy, disability – lots of people are scamming the system after their unemployment benefits end, and filing for SS disability to cover the income gap caused by class warfare economics – or the traditional welfare system that has bought democrats such power. Wait until the unconstitutional and soon to come “we get to pick who wins and who loses” regulations by the EPA (where they work real hard and are so righteous), or the fallout from the employer mandate (not to be confused as two employed guys going out on a date) of Obamacare pile on and double down on the economy wrecking. You would have thunk people would learn from the Carter years what happens when democrats do their thing.

At least there is some justice in the universe, as one of Obama’s main voting blocks also is the one feeling the most pain from his idiotic economic-illiterate class warfare policies. A large swat of these poor dolts could benefit from finding out that they have been sold a bunch of lies about college by the class warriors, and a whole lot of other marxist and green loving nonsense that passes for being educated these days. The left is beyond stupid, and they are not even bright enough to realize they are the ones suffering the most while their masters get rich.