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An Economics Lesson Even a Liberal Can Grasp
American Thinker ^ | September 6,2011 | Herbert E. Meyer

Posted on 09/06/2011 6:46:44 AM PDT by Hojczyk

Since the president and his advisers haven't got a clue about how our economy works -- which isn't surprising, since these people have less practical business experience than any kid with a lemonade stand --

Entrepreneurs Create Jobs

Think of it this way: if you want more milk, create an environment in which cows will thrive. And just as it makes no sense to say you want more milk but oppose cows because they're smelly, dirty, and leave their droppings all over the place -- it makes no sense to say you want more jobs but oppose entrepreneurs because when they succeed they often wind up with more money than the rest of us. You cannot have it both ways.

Our CEOs Have Had Enough

One evening, when my lecture to a group of these entrepreneurs had ended and we were all having a drink in the hotel bar, the CEO of a rock-solid manufacturing company said something that stopped the conversation cold: "I'll be damned before I start hiring people now, just in time to send the unemployment rate plunging so it re-elects the president next year. In a second term, this guy'll kill my business." There was a dead silence, and then every other business owner at the table nodded in agreement.

\The good news is that our economy is more resilient than our cell phones. It can take a lot of abuse and still be made to work if only we start doing things the right way. The bad news is that if we keep doing things to create jobs that make absolutely no sense and cannot possibly work, at some point even the world's most powerful and dynamic economy will be broken beyond repair. And that's a lesson in economics even a liberal can understand.

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


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: economics; economy; gagdadbob; infrahuman; jobs; liberalism; obamanomics; onecosmosblog; subanimals
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1 posted on 09/06/2011 6:46:48 AM PDT by Hojczyk
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To: Hojczyk
And that's a lesson in economics even a liberal can understand

Unfortunately not. Not now. Not ever. Liberals are incapable of learning since they already have the answers as handed down to them in the writings of Marx and clarified by thousands of academics and other parasites through the years.

Does anyone think that a "community organizer" understands business? Does anyone think that his sycophants who have never had anything but government sinecures in their entire lives understand the creative process or how hard it is to actually make money from VOLUNTARY transactions rather than seize it through taxes?

2 posted on 09/06/2011 6:56:31 AM PDT by from occupied ga (your own government is your most dangerous enemy)
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To: Hojczyk

Obama is destroying our economy and the Democrats are helping him do it.

They cry bi=partisan,. but they have shown absolutely no inclination to BE bi-partisan.

Bi-partisan to a Democrat is do what I say, vote the way I tell you to. Well screw that.

When it isn’t working it’s time to bail out, and Democrats are afraid of their peers so much they are frightened to bail out.They have to see what they are doing isn’t working, but they are afraid to say so.Afraid the party’s leadership will blackball them.


3 posted on 09/06/2011 6:56:44 AM PDT by Venturer
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To: Hojczyk

For a very long time, “O” has been telling business what he thinks of them, and in no uncertain terms....now they are telling what THEY think of HIM!!!

Can’t have it TWO ways at once!!


4 posted on 09/06/2011 6:58:50 AM PDT by SMARTY (A claim for equality of material position can be met only by a government with totalitarian powers.)
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To: Hojczyk
bttt

Is the Left Insane or Merely Unsane?

"....I believe the vast majority of leftists could see reality if only it were carefully explained to them in a non-confrontational manner.

"For example, to understand Hayek's knowledge problem is to understand why leftist economic schemes not only don't work, but always have unintended consequences, i.e., quackfire on us. ....."

5 posted on 09/06/2011 6:59:28 AM PDT by Matchett-PI (Obamageddon, Barackalypse Now! Bam is "Debt Man Walking" in 2012 - Rush Limbaugh)
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To: from occupied ga

depending on the type of “liberal” you’re referring to,
but there are some that are Marxists,

and the others only care about how they feel about themselves.

The only “economics lesson” they’ll “get” is “how does my position on this issue make me feel about myself”. They will not analyze an issue any deeper than that.


6 posted on 09/06/2011 6:59:49 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Matchett-PI

Most of the leftists that “don’t get it” will actually become very angry with you if you attempt to make them understand the issue beyond how they feel about themselves for the position they’ve taken on it.

This is because you’re “attacking” their very sense of self worth, as they have no other objective measure (relationship with God) to measure themselves by.


7 posted on 09/06/2011 7:01:47 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Hojczyk

Writer totally leaves out cost of energy.
Many small business bottom lines are directly tied to cost of energy. Farmers, Services, many many more.

Those not directly impacted are indirectly impacted as 60% of our economy is consumer driven. As the cost to fill up the tank each month goes up, less funds are available for anything else.

What would happen if the US opened up drilling and pegged the price of gas at $2.50?


8 posted on 09/06/2011 7:02:09 AM PDT by updatedscreenname
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To: Hojczyk

AND require farmers to have a CDL to operate a tractor pulling a manure spreader. NO JOKE!


9 posted on 09/06/2011 7:08:00 AM PDT by faucetman (Just the facts ma'am, just the facts)
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To: Hojczyk
Liberals dont give a rats arse about the economy, beyond its effect on elections.

They want to grow government in size and power, and they want the rest of us under their jackboot producing for them like the liverstock they believe we are. And thats all.

10 posted on 09/06/2011 7:08:55 AM PDT by skeeter
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To: MrB

As is so stated at my link above. bttt


11 posted on 09/06/2011 7:12:48 AM PDT by Matchett-PI (Obamageddon, Barackalypse Now! Bam is "Debt Man Walking" in 2012 - Rush Limbaugh)
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To: MrB
The only “economics lesson” they’ll “get” is “how does my position on this issue make me feel about myself”.

Agreed. If they could actually UNDERSTAND an economics lesson, then they would no longer be liberals.

12 posted on 09/06/2011 7:14:01 AM PDT by from occupied ga (your own government is your most dangerous enemy)
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To: Hojczyk

Liberals will take to their grave the notion that if government raises taxes the “rich” and businesses will behave as if nothing happened.


13 posted on 09/06/2011 7:29:23 AM PDT by Huskrrrr
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To: Hojczyk
"...it makes no sense to say you want more jobs but oppose entrepreneurs"

Actually, it makes perfect sense to the liberals because they don't really want jobs. That's just the way to soft sell the slide towards Marxism to a gullible public and even more gullible media.

14 posted on 09/06/2011 7:32:34 AM PDT by Baynative (The penalty for not participating in politics is you will be governed by your inferiors.)
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To: Huskrrrr

It’s amazing and illustrative at the same time how liberals will dismiss “incentive” in some cases (welfare promotes idleness, taxes don’t change behavior), and will embrace it in other cases -

I guess it’s as it is with all issues - whatever advances their (communist) agenda, I suppose.


15 posted on 09/06/2011 7:42:40 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MrB

Not very logical is it? Those in academics that perpetuate this nonsense continue to tell us they are “educated class” and we are the Neanderthals.


16 posted on 09/06/2011 7:48:25 AM PDT by Huskrrrr
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To: Hojczyk

The Left in this country wants to mow down anyone who opposes them with the mounted .50 cal and bury the casualties in mass graves. Next step then institute totalitarian control and ‘transform’ this country into their cult-zealot vision once all opposition is gone.

That is their goal and only goal.

Interesting paragraph:

“One evening, when my lecture to a group of these entrepreneurs had ended and we were all having a drink in the hotel bar, the CEO of a rock-solid manufacturing company said something that stopped the conversation cold: “I’ll be damned before I start hiring people now, just in time to send the unemployment rate plunging so it re-elects the president next year. In a second term, this guy’ll kill my business.” There was a dead silence, and then every other business owner at the table nodded in agreement.”

Explains why the liberals keep chanting about businesses sitting on cash and not hiring. They KNOW a good part of that is opposition to Obama, and that’s why they’re ripping off a few on the rhetorical .50 cal.


17 posted on 09/06/2011 7:58:13 AM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: Hojczyk
Liberals understand what it takes to create jobs. They are not stupid.

Conservatives keep running around saying, "They don't understand! They don't understand!", but they do understand. The jobs issue is just a tool to sucker people into submitting to their control. Conservatives know this but don't want to think about it too much or address it because it would require referring to the Democrats as closet fascists, and that has been politically incorrect.

Maybe now that we are openly being called "SOB's" and "Barbarians" by Democratic leadership we can refer to the Dems as the fascists that they are.

18 posted on 09/06/2011 8:00:21 AM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: Hojczyk
...right-wing fascist economies...

Aaarrgghh! No, fascism is just another name for "corporate crony capitalism" and is just as statist, just as centrally planned as communism.

Otherwise the author is saying "Atlas has shrugged." Surprise!

19 posted on 09/06/2011 8:03:04 AM PDT by Aevery_Freeman (((***tag line violation***)))
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To: Hojczyk; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; NFHale; ...
RE " One evening, when my lecture to a group of these entrepreneurs had ended and we were all having a drink in the hotel bar, the CEO of a rock-solid manufacturing company said something that stopped the conversation cold: "I'll be damned before I start hiring people now, just in time to send the unemployment rate plunging so it re-elects the president next year. In a second term, this guy'll kill my business." There was a dead silence, and then every other business owner at the table nodded in agreement. The point isn't whether these CEOs are right or wrong. The point is that this is what they've come to believe, and their actions will be based upon their perceptions. For all of us who depend on our country's entrepreneurs to create jobs -- which is to say, for all of us without safe government jobs -- this is more than depressing. It's terrifying."

One argument the progressives/libs are now using (again) is that since companies refuse to hire new workers that the government must step in to fill the gap and do a massive hiring spree, at businesses expense. In fact Sunday Maxine Waters says we must punish companies that ship jobs like 'call centers' overseas with higher taxes.

Think about those arguments, they wanted government jobs over private sector jobs to begin with, then claimed adding 'regulations' and mandates wouldcreate jobs, now say businesses are not doing their part so government must at their expense. Now they want Obama to pull a FDR and hypnotize voters on his role in this disaster.

20 posted on 09/06/2011 8:03:27 AM PDT by sickoflibs (Over-taxed means 'paying too much in taxes', not zero taxes)
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