I relieve stress in my life by trying to see humor when things are going wrong. Almost always they could get worse, so I joke and hope they don't.
We have now elected a Marxist/Socialist President.
His number one advisor, Michelle, is also a Marxist/Socialist, only she is bitter and more vocal about it than he. So I'm forced to turn to humor...
It could always be worse, right? And I fear it soon WILL BE.
And it is there that I find black humor and great irony. Let me explain:
Most of us would agree Obama would not have been elected without the overwhelming support of folks under age 25. When Obama starts nationalizing and socializing much of private enterprise, who will be hurt worst by those actions?
The young... because they have the least seniority and they will have to suffer longer for those mistakes.
A few quick thoughts to illustrate:
He intends to spend a super-quadrillion dollars to stimulate the economy. Where will that money come from? I'm hearing he has two choices- Raise taxes or increase the money supply.
-Raising taxes is counter-productive for a man that wants to increase the number of jobs and lower the unemployment rate... Increasing taxes runs marginal companies out of business and motivates solvent businesses to move where the tax load is not so burdensome. So raising taxes is not a happy option.
-Increasing the money supply makes every dollar worth less. Print a little more money, all dollars are worth a little less. Print a lot more money, and the U.S. begins to look a lot like Zimbabwe, where it takes a swimming pool full of money to buy a gallon of milk...
Again, not a happy path to take.
Some of us are old enough to remember a commercial for "Fram" oil filters that had the kicker, "Pay me now, or pay me later". The idea of the commercial was that you could spend a little more money for a Fram oil filter, or you could suffer damage to your engine that would cost you an order of magnitude more.
In my opinion, that's the crossroad we face today. We can suffer some today... let Darwin do his work and allow weak businesses, to include financial institutions and automobile manufacturers to fail, or-
We can choose to spend a ton of money on those failing entities to prop them up and pay geometrically more later because of our mistake.
So young folks, you got what you wanted. And because of your choice we will all suffer, but you young-uns will suffer more and longer. With a Marxist/Socialist President (and Congress) it is obvious which choice we are about to make.
Keep an eye on my "Misery Index" posts...
Can Obama beat Jimmy Carter's record high?
Sure he can... Obama is "The One"!