As the election approaches the democrats have little to cling to in hopes of reemployment politically. Not much has shown improvement during their reign of terror, in fact most everything has been in decline. It's so bad they can't even put a spin on the facts convincingly enough to mislead even the most devout liberal.
I was amused the other day when a pundit was desperately noting the GDP had in fact increased slightly over the decline it was in prior to this president taking office. Is that really all you got?
The simple explanation is almost 800 billion dollars has been poured into the economy and artificially boosted the bottom line. Money that was printed out of thin air, then donated to the economy has to show up somewhere in the figures. While boasting that you failed to explain that influx of cash out of thin air has weakened the purchasing power of the dollar. Why do you think Christine Romer and the rest of the economic advisers are jumping off the sinking ship like rats? This whole ponzi scheme has become transparent, and the exposure of it is inevitable.
Looking back history has shown us this doesn't work. In 1948 after World War Two, Germany was in shambles. Not only it's infrastructure, but it's economy too. Three years of Allied financial control, enforcing price control (insurance?), wage fixing (pay czar?, rations, and centralized government did nothing to fix a stagnant economy. The Socialist approach didn't work.
Economist Ludwig Erhard usurped his authority abolished the above policies and open up Germany's economy to a free market system. Almost immediately the economy rebounded. Six million new jobs were created in just a decade, and Germany's economy took off. Doesn't that sound like a solution we could all live with about now? Yet this administration continually ignores history and has a better solution.
So do we! See you November 2ND.
God Bless!
Capt. Bill
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