Monday, December 9, 2013

Obama and his divisive class warfare.

"If anyone thinks for a moment that the president offered a new way out of the long-stalled economic problems that afflict our country, you can forget.
"This was a deeply political campaign speech laden with class warfare rhetoric about how much wealthier people in the top earn versus those in the middle or at the bottom.
"The nation's frustration with the economy had nothing to do with his own impotent, counterproductive policies, he seemed to be suggesting. "It's rooted in the nagging sense that no matter how hard they work, the deck is stacked against them," he said.
 ....
"Welcome to the Age of Obama where it's only going to get worse."

Class Warfare: The Mortal Enemy Of Economic Growth And Jobs
Actually, the economy suffers when money is taxed away from private individuals and spent by government.  In part, this is because regardless how smart politicians and bureaucrats might be, they have only a miniscule fraction of the total knowledge in a society.  Politicians and bureaucrats tend to have book learning that’s related to academic credentials, whereas specific, practical knowledge needed to make an economy work is dispersed among multitudes of ordinary people.  This includes knowledge about the best locations for a particular business, individuals most likely to be good employees, changing consumer preferences, the most suitable business models, technologies and so on.
 
Obama is not a Pathological Liar, He is an Ideological Liar  "From a child-rearing standpoint, Dr. Phil may agree:
"People do what works. If lying has gotten your child what he wants while escaping accountability from you, the payoff is a luring incentive to continue. It's a parent's responsibility not to let it continue by creating consequences."
"Parents" in Democrat's case would be the press.

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