17 March 2009
Libs and Cons Special Blog Series: When Smart People Fuel Stupid Economics
MISCONCEPTION: OBAMA'S STIMULUS PERVERTS THE FREE MARKET
The bailouts, the stimulus, the suggestion of nationalizing a national bank has caused some Republicans to charge him with perverting the free market. So I know many highly opinionated yet fundamentally misguided Republican party leaders want us to believe that Obama has guided an economic downcycle into the Great Depression. And I know deep down they hope that their use of the word pervert wasn't an attempt to take back the meaning of the word, but was to linke Obama to the the suggestions that has been imbued in the word "pervert." But what's scary is the thought that they either truly believe that Bush was a perfectionist bent purifying the market. But his his economically inefficient rewarding of the Iraq oil contracts to Halliburton suggests otherwise. But why does this glaring detail go undiscussed among those high minded enough to aspire to such a pure economic ideology?
REALITY: FREE MARKETS DO NOT EXIST
A completely free market might be achievable when the global village achieves some sort of Utopian enlightenment en masse; in other words, not I’ll never see a wholly free market. Further actually a part of any free market, especially when it is the only entity capable of correcting a run of failures (aka Wall Street executives) as severe as those witnessed during this ridiculous meltdown. Republicans have accused Obama of perverting the market. Sorry, the market already in dire need of castration. Obama’s merely countering the perversion in the market with sound economic decisions. And to think that they do is not acceptable from parties for Government.
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Am I at a Rodeo? This is the biggest bull in the world...
ReplyDeleteIt is funny you point the finger soley at Republicans... try the word "politicians" if you are going to write an honest blog. There is as much corruption in the Democratic party as any. While if you were born after 1976...you lack the experience and knowedge to have such a tall soap box. Historically, its politicians, not parties, that cheat the system. There are plenty of good Republicans as well as Democrats out there, to classify us all as a group of good or bad shows sheer inexperience and lack of knowledge....you my good man are doing axactly what you are writing about...putting us all in a box is fundamentally misguided.
This is not bull. I suggest that Anon reveal himself and possibly take an economics course.
ReplyDeleteAnd I'm not pointing the finger solely at all Republicans. Just the bad ones, and the economically misguided ones.
As apposed to there being no misguided Dems...
ReplyDeleteEconomics Course? I run a VERY successful business that is not failing even in this economy... what do you do? Blog?
BULL - Pure BULL
Your replys are short because you have NOTHING to back it up.