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Some post-election cheer and encouragement
Cafe Hayek ^ | November 8, 2012 | Russ Roberts and Scott Atlas

Posted on 11/08/2012 11:32:03 AM PST by GoodDay

Talking about the election to many friends and family who had been rooting for Romney , I found their emotions ran the entire gamut from despair to despondency. Everybody was way down. I found myself unexpectedly blue as well. Our emotions were not so much caused by the Romney defeat. Few of us were particularly excited about him. It was the Obama victory that concerned us . . .

. . . Yes, a little over half of the people who voted, a little over 60 million people, thought Obama deserved a second term. But about 59 million (the combined Romney and Gary Johnson votes) disagreed. That’s pretty close. Politics is winner-take-all, a zero-sum game. But those totals tell you just how close it was and how little it will take to change the outcome . . .

. . . My point is that I don’t think Obama’s victory is a mandate for big or bigger government or a sign that the American people are all Keynesians or would-be Europeans. Obama may draw a different conclusion. I’d understand that. He would. But I’m not discouraged just because Obama won. I don’t believe it proves how far Americans would like to go down the road toward serfdom. There was plenty to be discouraged about before this election. I’m not sure the election provides much new information . . .

(Excerpt) Read more at cafehayek.com ...


TOPICS: Culture/Society; Politics/Elections
KEYWORDS: election; liberty; obama; romney
Professor of economics, Russ Roberts, with some analysis of the election, and a little encouragement for us all.
1 posted on 11/08/2012 11:32:08 AM PST by GoodDay
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To: GoodDay

Link to article:

http://cafehayek.com/2012/11/some-post-election-cheer-and-encouragement.html


2 posted on 11/08/2012 11:33:13 AM PST by GoodDay
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To: GoodDay
Some post-election cheer and encouragement

Jack Daniels???

3 posted on 11/08/2012 11:41:59 AM PST by SoldierDad (Proud dad of an Army Soldier who has survived 24 months of Combat deployment.)
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To: GoodDay
Obama's second term could be the Waterloo for liberalism. Sadly things will just get so bad that no one can tolerate them any more. Energy will be Obama's Achilles heel. People who don't like $3.85 gas will be very pissed when the price climbs over $4 on the way to $5. Obama's EPA has declared jihad on coal, though coal generates about half of our electric power. No amount of wind mills and solar panels will replace the loss of coal fired generating plants so large scale blackouts will become common and people sweltering or freezing in their darkened homes because they cannot afford electricity may be in no mood to reelect the party that got them to this place. 7% will be the new norm for unemployment but with higher energy costs and higher taxes falling on small businesses 7% unemployment might seem pretty good as we inch toward the double digit unemployment like we saw in the Great Depression.

In an Obama second term terrorists will run rampant and attacks on US soil will increase. I expect before 2016 at least one US city will be attacked with a nuclear laced dirty bomb or a crude nuke. Terrorists will attack shopping malls and even schools and hospitals will not be immune from terrorist murder. Does anyone remember the horror of the attack by Chechen terrorists on a Russian grammar school?

By 2016 I expect things will get so bad that darn near any GOP candidate can be elected.

4 posted on 11/08/2012 12:45:07 PM PST by The Great RJ
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To: The Great RJ

I feel assured that most Americans voted bammy down, but his election rigging got him the win...which to me is even more discouraging and dismaying than just having people vote for the idiot dicktator...


5 posted on 11/08/2012 1:10:59 PM PST by cherry
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To: The Great RJ

I guess we have to comfort ourselves that the silver lining will eventually show up? Last 4 years we said perhaps that is the wake-up call?
Now we think next 4 years is when the bottom falls out, when it is darkest before the dawn?

How many 4 years can some of us afford?

Sad indeed! But fight on we must!


6 posted on 11/08/2012 1:14:02 PM PST by chrisnj
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