Well, it appears we have another “government shutdown” looming. I suspect that it will either not happen or it will be short lived. It is claimed by the democrats that it will hurt the economy. I suspect that it will hurt the economy less than the ironically named “Affordable Health Care Act” will ultimately hurt the economy and is anything but affordable. Let us face the facts: The economy is still in the tank after five years of Obamanomics; we are heading into another housing bubble; the Fed is printing money like crazy; more people are leaving the labor market than are entering it; a bigger percentage of Americans are on food stamps and welfare than ever before; the spending bills passed in the past have been nothing more than Democrat slush funds and to pay off the unions.; and that stupid health care law is only a ploy to push us into one-payer socialized health care and wreck our free market economy beyond help. Even the Obama’s complicit buddies, the corrupt (possibly just ignorant) union bosses are starting to become frightened of “Obama Care”. What were once full-time jobs are now part-time, and business owners know they have to cut down on labor and pay the health care “tax”, as Chief Justice Roberts assures us it is, though to get it passed in congress the Obama administration argued that it was not. Somehow, these knuckle heads—anyone who subscribes to Keynesian economics— believe that a superficially high government-imposed “minimum wage”, price controls on commodities and extra government spending adding public entitlements will equate to a robust economy, lots of job creation and a greater standard of living. That would fantastic if it were not a fantasy.
The Dems have always believed in government-implemented price controls as a way to keep prices down, while upping spending. Sadly, those policies have never worked as intended. Whether promoted by FDR, Carter or even the Keynesian convert, Richard Nixon, price controls and added government spending have only promoted inflation. Read Thomas Sowell if you are not able to get your head around the economy and how it actually works. When you take competition out of the equation, cost always rises. If the profitability of a product is taken away by either the cost of its production through the imposed cost of materials or labor, the producer of the product will either cut back or go out of business. What will follow will be less availability of the product, which will inevitably make it more dear and will eventually cause the price controls to break. Government intervention into the airline and oil industries in the past are exemplary of government manipulation’s destructive effects on business and the public. For the protection of consumers, it is illegal for businesses to collude—and it should be—so why would it be good idea for the government to do essentially the same thing?
The fact is that Obama only cares about socializing American health care as well as other aspects of American life. If he was serious, he could be meeting with Republican leaders in the House and Senate, to try to resolve issues that they and even some union leaders have now clamored about, but he refuses to budge from his lofty perch at the golf course. He plays golf while Rome burns, it would seem, He suspects, and with reason that the media will enforce the idea that the cold-hearted Republicans only want to shut down the government and cause problems for this wonderful “black” president, even though the Republicans have tried to introduce legislation that would force the president, congress and federal judges to use Obama-care. But alas, the president and his Democrats in congress don’t want it for themselves. Could it be that they cannot afford it? Heaven forbid! It makes me ill to think of it, so I hope I do not have to depend on the Affordable Health Care Act, should it be fully implemented.