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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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To: adorno


41 posted on 12/05/2010 8:26:02 PM PST by KarlInOhio (All monopolies are detestable, but the worst of all is the monopoly of education. -Frederic Bastiat)
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To: South40
Did you know food stamps are good for the economy? So says the High Priestess of Botox, Nancy Pelosi. Again, sad.

That... and more.

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42 posted on 12/05/2010 8:36:46 PM PST by Cobra64
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To: adorno

I read a study in college if all the wealth was equally redistributed the poor would become poor and the wealth creators would be wealthy again in little over 4 years.


43 posted on 12/05/2010 9:05:52 PM PST by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: Cobra64
There is no democratic party anymore.

Just a bunch of snot-nosed incompetents hell-bent on exploiting the poverty they create.

44 posted on 12/05/2010 9:17:22 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: aflaak

Ping


45 posted on 12/05/2010 9:34:08 PM PST by r-q-tek86 ("It doesn't matter how smart you are if you don't stop and think" - Dr. Sowell)
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