The nuttiness of liberal economic thinking

ZDNet post | 12/05/2010 | Myself/ blog post

[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.

[John Valentine]

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

It's not possible to SOUND this stupid without actually BEING this stupid.

You have had the opportunity to see inside the mind of a genuine dumbass.

[adorno]

You have had the opportunity to see inside the mind of a genuine dumbass.

People should actually visit that discussion to read more insane remarks from the posters and how a couple of other people agree with that poster's insanity.

[arthurus]

You can get an idea of the quality of the author’s thinking by the way he puts words together. He can’t. Complex thoughts dissolve into incoherence. People like this run our government and teach in our universities.

[Graybeard58]

You may have stumbled across the dumbest person on the internet

A dumbed down version of Forrest Gump.

[randita]

According to this method, Zimbabwe must be utopia.

[GeronL]

I wonder what his DU name is?

[ari-freedom]

I don't.

[ari-freedom]

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

they actually do in offshore accounts but that is another story...

[budwiesest]

Libs live in a fantasyland. If you try to shake them out of it, they try to bite you.

[ari-freedom]

“Here is a thought I had recently...”

OK that was some thought. Now go back to playing World of Warcraft.

[ari-freedom]

Liberal economics theory:

[javachip]

You may have stumbled across the dumbest person on the internet

Wow, who could have guessed that Joe Biden posts at ZDNet?

[freedumb2003]

they actually do in offshore accounts but that is another story...

Let's display the standard Capitalist and his gold for the whole world to see...

:)

[roadcat]

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.

Long ago, I came to the conclusion that liberal democrats are either idiots or a**holes. One or the other, sometimes both. As an example, statements made by just one of many liberal relatives, a brother-in-law:

Within five years, all cars will be electric powered. You should get rid of your gasoline powered cars now before they're worthless.

I'm investing heavily in solar panels. I'll save thousands on electricity bills.

I'm investing money in pre-fab houses made from recycled materials. Everyone is going to want one of these to live in.

Obama is going to get us to the Moon again. He's all for space programs.

And so on, too many idiotic statements to repeat. He's the idiot type liberal.

[adorno]

I wonder what his DU name is?

I think even the people at DU would like to distance themselves from the poster I'm quoting.

[Exton1]

Einstein said “insanity is doing the same thing over and over again, and expecting different results.

By this definition ALL Socialist or Statist are insane. Statism in one form or another has been tried over and over again for over 400 years, and in all that time there has not been once case where it has worked. The results are always the same for it leads to shared misery, poverty, and death. Socialism has killed over 150 million people in the last century, more than all wars, disease, and religion. As Margaret Thatcher said, socialism only works till it runs out of other people’s money.

[ThunderSleeps]

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.

Clueless and wrong. It may take a few days, but you'd be out of a job by the end of the month. He obviously has no idea how the economy, how businesses, really run.

[okie01]

Statism in one form or another has been tried over and over again for over 400 years, and in all that time there has not been once case where it has worked. The results are always the same for it leads to shared misery, poverty, and death.

Though not necessarily for the statist. And, therein, lies its appeal.

[adorno]

As Margaret Thatcher said, socialism only works till it runs out of other people’s money.

Liberals will never allow themselves to believe that. So, they are doomed to repeat the mistakes of the past.

[boop]

Uh, with 10% of the population paying what, 70% of taxes. And the bottom 50% paying NOTHING, this guy would go to work for about 2 weeks and wonder where his paycheck went, Why the business closed,why schools are closed, there's no police or firemen, nobody to pay his unemployment, why the utilities are being shut off, etc.

Does this cretin understand WHY he has a job? Because some "rich guy" had an idea and started the business. The "little guy" and the poor didn't.