Month: August 2011

Proof That We Will Never Get Rid of Poverty

The reason many on the left are always able to convince themselves and others, that the government needs to do more to solve certain problems in the world, is that they will always be able to point to at least one more case in which things are not perfect. This, of course, is because perfection is unattainable.

Liberals point to the poor people and suggest that the government needs to spend more tax dollars to raise their standard of living. Ask yourself the following question, though:  if the government were to hand every single poor person one million dollars, would poverty become a thing of the past? Continue reading

Economic Coordination and the Business Cycle

I found this other great explanation of the Business Cycle. I love listening to different people’s explanations on this topic, as sometimes there are unique points I hadn’t considered, that help me understand it even better. Most still do not get how important it is to understand this. Without an understanding of the Business Cycle, there is no way we can fix our economy, for we will keep voting for clueless politicians who say all we need is to lower taxes. It’s a little more complicated than that. We must understand what causes the bubbles. Politicians and the media tend to focus on the bust, while ignoring that the problem lies in the creation of the artificial boom.

Obama on the Far Right (of the Brain)

Brain

Image by _DJ_ on Flickr

“No matter what some agency may say, we have always been and always will be a triple-A country,” Obama said in a speech recently.

This statement really does say a lot about what Obama thinks actually fixes problems. He might as well be saying “we have always been and always will be immune to the laws of Economic Science.” Is he serious?

This is what you get when a person is right-brain dominant and severely lacks left brain functions. The right side of the brain is the emotional side. It is responsible for feelings, fantasy, and deals with the subjective. The left side of the brain is objective, and is responsible for math and science. It is the logical part of the brain.

Does Obama believe the United States became the greatest country on earth because of its location, or maybe the confidence of its citizens? Does he believe he can follow the same policies as the previous president and end up with a different result, as long as he instills confidence? It’s almost as if he thinks his job is to make people feel good. That is how he got elected in the first place; using vague terms to allow the emotional to construct in their mind whatever image they were in need for. Continue reading

The Ron Paul Surge

There is an elephant in the room, and he’s the front-runner for the Republican nomination.

Ron Paul ran for president in 2008, most would say unsuccessfully. The truth, however, is that he was the biggest winner of that election. The revolution he sparked was un-televised. Most didn’t know about it. Those who did, didn’t understand it, so he was labeled a “kook” and a “fringe” candidate, with a cult-following of weird kids who lived in their mother’s basement. He was just too different; talking about things most people had never heard about in any election. “The federal reserve prints what?” “The government shouldn’t be involved in what?” “This guy is nuts.”

But now, the story is different. Many recognize that Paul was ahead of his time. He warned of the devaluation of the dollar, and of the debt and deficit at a time when no one was paying attention. Now, other candidates are asked about their opinion on the economy. Who cares what they think? They didn’t see the economic crisis coming. How can they see the way out of it? Continue reading

Balance the Budget by Taxing the Rich?

The credit agency S&P has downgraded the U.S. for the first time in the company’s history, for failing to accurately deal with its deficit and debt crisis.

This has caused some Democrats to blame Republicans–specifically, tea party Republicans–for not giving in when the Democrats wanted to include tax increases as a way to decrease the deficit. Continue reading