Scrooge

The Economics of Political Spin

Gramps2 - Hi buddy.
Fitz: Why, in this horrible Republican-created mess of an economy, why would you suggest installing a person who wants to increase mightily the transfer of wealth from private sector(s) to government? Government produces nothing. Increasing taxes is a disincentive to creative work and the deployment of capital (otherwise called the economy, I think). Government (Dem & Rep) wastes our hard-earned cash on give-away entitlement programs that may be touchy-feely vote-getters, but are almost totally without oversight = big fraud-waste-abuse. Electing Obama would be gasoline on the fire! (I had to drag petroleum into this somehow.) I watch my dollars like a hawk. When was the last time anyone was able to carefully check out how Medicare or Medicaid is spending their 100's of millions? Those jokers pay for $1,000 flu shots, and pay bills for people who have been dead for a decade. Universal health care!! "If you think medical care is expensive now, wait until it is free." PJ O'Rourke
If I may paraphrase, If you think the economy sucks now, wait until Obama et al. 'fix' it. A major recession WOULD cut petroleum use, however, so that would be good in your book, right? By the way, an indicator of recession is shrinking oil consumption. Not seeing big evidence of that, are we?