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The nuttiness of liberal economic thinking
ZDNet post | 12/05/2010 | Myself/ blog post

Posted on 12/05/2010 5:23:38 PM PST by adorno

Read the following for your amusement and amazement about how so many liberals out there think; it's amazing to me that people with that kind of thinking actually votes to undo the votes of the much better informed.

Here is a thought I had recently. Say we wake up tomorrow morning to find all the working poor and unemployed had vanished in this country. The economy would instantly grind to a STOP. All the jobs and money not being spent would instantly cause everything to stop. Now say instead of the working poor and unemployed everyone in the middle class vanished over night? I think the same would happen maybe slightly slower but the effect on our economy would be very quickly disastrous. Now imagine that the richest 2 or 3 percent were instead to vanish over night? Would we even notice it as we rose and went to work? As far as I know I would still have a job and my business would still run as usual. Most of the very rich are owners and in some cases CEO's granted but they are not vital to the day to day operation of anything that I know of. Most businesses can run just fine without their owners and or CEO's. In fact I would go further to say that the economy would improve dramatically cause well soon lawyer of family members and every single relative both know and to this moment unknown would be circling for a piece of the huge pie left behind by the rich. Businesses would be broken up and huge sums of cash, stocks and bonds would be divided up amongst many. Where there was several HUGE piles of wealth there would after many a court battle be many smaller sums of monies to spread around and to be spent flooding the economy with wealth and from that there will be new rich but many smaller rich folk and far more opportunity than there is today for everyone to get a piece of it.


TOPICS: Business/Economy; Culture/Society; Politics/Elections; Your Opinion/Questions
KEYWORDS: capitalism; liberalism; socialism
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That post is part of a larger discussion at ZDNet, a tech news/information site. Every once in a while somebody there dares to make a post related to politics/government.

I'm still amazed at how, frankly stupid, that person actually sounds.

1 posted on 12/05/2010 5:23:42 PM PST by adorno
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To: adorno

O.M.G.


2 posted on 12/05/2010 5:29:09 PM PST by goodnesswins (You deciding how to spend your health care $, thatÂ’s freedom. Govt deciding, thats a death panel)
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To: adorno

Unless and until someone can describe the diffrence between “Supply and Demand” and “Quantity Supplied and Quantity Demanded” he/she not only should be precluded from voting on any economic issues but also commentary on the same.

It is like asking a person who doesn’t understand set theory to comment on the Relational Model.


3 posted on 12/05/2010 5:30:47 PM PST by freedumb2003 (Lt. Drebin: Like a blind man at an orgy, I was going to have to feel my way through.)
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To: freedumb2003

Exactly right.

To the person who wrote that post, wealth just magically materializes from the natural resources and wealthy people and the people who create a country’s wealth are immaterial.


4 posted on 12/05/2010 5:34:16 PM PST by adorno
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To: adorno
I heard some liberal moron on Fox today say the Bush Tax Cuts caused the economic downturn in America. He wasn't joking, he was series.

While it was funny it was also sad. It was sad because these people are allowed to be in a position to influence the thoughts of others.

Did you know food stamps are good for the economy? So says the High Priestess of Botox, Nancy Pelosi. Again, sad.

5 posted on 12/05/2010 5:37:47 PM PST by South40 (If there must be trouble, let it be in my day, that my child may have peace. ~Thomas Paine)
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To: adorno

You may have stumbled across the dumbest person on the internet


6 posted on 12/05/2010 5:40:19 PM PST by GeronL
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To: All

the genius advocating this has basically laid out the “African strategy”: get rid of those evil white farmers/landowners and everyone else will prosper...only when you get rid of those ACTUALLY responsible for producing, you are left with parasites who quickly gobble up the resources.
Those “evil” CEO’s are responsible for creating millions of jobs.


7 posted on 12/05/2010 5:41:57 PM PST by Maverick68
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To: adorno

Liberals have a hard time accepting and comprehending creators and the purpose they serve.


8 posted on 12/05/2010 5:42:51 PM PST by Minn
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To: adorno

Link?


9 posted on 12/05/2010 5:43:29 PM PST by Minn
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To: GeronL
You may have stumbled across the dumbest person on the internet

You might be right, but there is more in that series of posts the guy there made. I'm tempted to post more of his ignorance... maybe I will. We'll see.
10 posted on 12/05/2010 5:44:35 PM PST by adorno
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To: adorno

The liberal democrat is so twisted that normal right thinking that actually works well is an obamanation to the leftwing marxists. They are all fools of the worst sort and will destroy all of us if we do not stop them.


11 posted on 12/05/2010 5:48:26 PM PST by kindred (Come, Lord Jesus, rule and reign over all thine enemies from Zion, the chosen nation.)
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To: Minn

Okay, I was hoping nobody would ask, but, I owe it to the good people here to see the nuttiness first hand.

You might notice my responses to the poster, and I actually almost lost it and sometime became so incensed at the stupidity that I might sometimes not make sense myself.

But, here goes: http://www.zdnet.com/tb/1-90839?tag=mantle_skin;content

Do a find for the series of posts from James Quinn.


12 posted on 12/05/2010 5:49:26 PM PST by adorno
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To: freedumb2003

[the diffrence between “Supply and Demand” and “Quantity Supplied and Quantity Demanded” he/she not only should be precluded from voting on any economic issues but also commentary on the same.]

Democrat economics, a sure way to destroy all wealth from America.


13 posted on 12/05/2010 5:50:37 PM PST by kindred (Come, Lord Jesus, rule and reign over all thine enemies from Zion, the chosen nation.)
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To: kindred

>>Democrat economics, a sure way to destroy all wealth from America.<<

Yep — wealth comes from the behinds of evil people, who then hoard it.


14 posted on 12/05/2010 5:51:41 PM PST by freedumb2003 (Lt. Drebin: Like a blind man at an orgy, I was going to have to feel my way through.)
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To: South40

ABC news just said that extending the tax cuts would add four trillion to the deficit over ten years..of course cutting spending is never part of the formula. Never an acknowledgment that they spend too much, no they believe they tax too little.


15 posted on 12/05/2010 5:58:53 PM PST by catbertz
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To: adorno
Your poster is well worth a double face-palm. As is everybody who read his post and nodded.

Prima facie evidence of terminal stupidity.

For example, if all the unemployed disappeared tonight, how on earth would that bring the economy to a screeching halt...???

16 posted on 12/05/2010 6:00:07 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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To: okie01
For example, if all the unemployed disappeared tonight,

We'd have to pay a new group of slackers to not work.

17 posted on 12/05/2010 6:04:59 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: adorno
Now imagine that the richest 2 or 3 percent were instead to vanish over night? Would we even notice it as we rose and went to work? As far as I know I would still have a job and my business would still run as usual. [...] In fact I would go further to say that the economy would improve dramatically cause well soon lawyer of family members and every single relative both know and to this moment unknown would be circling for a piece of the huge pie left behind by the rich. Businesses would be broken up and huge sums of cash, stocks and bonds would be divided up amongst many.

If businesses are broken up, how many people would no longer have jobs?

18 posted on 12/05/2010 6:05:06 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: okie01

Why, because all their massive spending would suddenly stop. Nevermind that all the welfare, and therefore taxes to pay for it, would also suddenly stop, and the taxpayers suddenly having all that extra money to spend for themselves.


19 posted on 12/05/2010 6:06:35 PM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: adorno
Here is a thought I had recently. Say we wake up tomorrow and the moron who wrote this post on ZDNET had vanished in this country. What would happen?

Answer: The collective IQ of the nation would rise a little bit.
20 posted on 12/05/2010 6:12:11 PM PST by FlyingFish
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