Below are two articles I read, there are some more on Drudge reflecting the same situation, that help you understand the folly of the left’s theory of economics. Basically, anything that gives them more power and takes free will away from you is a good idea. Their favorite economic theory, of course, is Keynesian economics. Why? Simple. It can’t work, but allows for government to sell itself as the answer to a problem it cannot solve, allowing it to take center stage. The fact that the theory has never worked in real life does not stop the left from promoting every time there is a economic crisis.
http://www.americanthinker.com/2010/08/keynes_as_useful_idiot.html
The mother’s milk of American politics may be money, but the fuel for American socialism is Keynesian economics. Keynesianism’s inherent bias toward bigger government has made it the indispensable tool for statists around the globe.
Politicians’ natural wont to spend and control benefited immensely when John Maynard Keynes published The General Theory in 1936. His work initially provided a rationale for the ad hoc efforts to fight the Great Depression. Subsequently, it provided support for growth in government.
Like Dom Deluise in the movie “THE END” with Burt Reynolds, the left is a character that is dead set on killing off the hero, regardless of how crazy, outlandish or self-damaging the effort might be. You would think with all the opportunities to see if the theory worked over the last sixty or so years, we’d be either saying, “Hey great idea!” or “Shoot, let’s put this down before we hurt someone else!”
But the economic crisis is and was never about right or wrong, good economics or helping the citizens of America. It is about gaining power. Not every country has leaders dead set on crippling their own nation. Germany learned quickly and pealed away from the effort early on. This has lead to a 7.6% unemployment.
http://www.google.com/hostednews/afp/article/ALeqM5hpC20s4vZTTZQwJRzslwIdKy6Uug
FRANKFURT - The German unemployment rate was stable in August at 7.6 percent of the workforce, official figures showed on Tuesday as the number of people seeking work edged slightly lower to 3.188 million people.
“The clear rebound of the German economy continues to translate positively onto the jobs market,” a labour agency statement said.
The fall from an unadjusted figure of 3.192 million, the figure used as a public reference, meant the jobless rate was unchanged from July as Europe’s biggest economy powers out of its worst post-war recession.
The adjusted rate used by economists was also 7.6 percent in August, but the corresponding number of unemployed declined by 17,000 people, the federal labour office said.
That was slightly below a forecast decline of 20,000 compiled by Dow Jones Newswires, but nonetheless showed continued improvement as firms rehire to meet stronger foreign and domestic demand.
It was the 14th monthly decline in a row and left the unemployment rate at close to a two-year low point, Capital Economics senior European economist Jennifer McKeown noted.
“While unemployment is still rising elsewhere in the euro-zone, the German labour market has been particularly resilient, thanks initially to the Government?s ‘Kurzarbeit’ subsidy scheme, but perhaps now reflecting the underlying economic recovery,” McKeown said.
Remember when the German government split from Obama’s continued stimulus package talk? They figured out that getting away from government meddling (beyond the meddling Germany’s government already does) was the best way out. Stabilize and retreat. Obama and his people want to control every aspect of our lives and will use the economic panic to do so. I hope most Americans are now aware of the scam that is the left’s plan. We need to crush them in November and do our level best to unscrew the goat. We’ll never be free of this weight that is crippling our way of life until we free ourselves of the left’s greedy agenda.


