{"id":1239,"date":"2009-02-10T17:29:31","date_gmt":"2009-02-11T00:29:31","guid":{"rendered":"http:\/\/elbertcounty.net\/blog\/2009\/02\/10\/obamanomics\/"},"modified":"2009-02-13T14:18:50","modified_gmt":"2009-02-13T21:18:50","slug":"obamanomics","status":"publish","type":"post","link":"https:\/\/elbertcounty.net\/blog\/2009\/02\/obamanomics\/","title":{"rendered":"Obamanomics"},"content":{"rendered":"<p><a href=\"http:\/\/elbertcounty.net\/blog\/wp-content\/uploads\/2009\/02\/obamanomics.mp3\" title=\"Obamanomics\">Obamanomics<\/a> &#8211; mp3 audio<\/p>\n<p>&#8220;It is absolutely true that we can&#8217;t depend on government alone to create jobs or economic growth.&#8221;<\/p>\n<p>Oh Please!\u00a0 With this intriguing bit of hyperbole, President Obama begins his justification for the stimulus package.<\/p>\n<p>&#8212; AS IF we could depend on government <u>AT ALL<\/u> to create jobs or economic growth!<\/p>\n<p>Governments redistribute a fraction of the dollars they collect, and consume the balance with overhead.\u00a0 The wealth that governments redistribute crowds out private sector opportunities at the point of redistribution, cuts off private sector opportunities at the point of collection, and costs an overhead bureaucracy that adds no productive capacity to society.\u00a0 It&#8217;s a loss proposition in the beginning, middle, and end.<\/p>\n<p>Governments cannot create <u>anything<\/u> without first <u>taking<\/u> the means to do so from the private sector, a fact that completely eludes our leftist fear-mongering redistributer-in-Chief.\u00a0 And he seems like such a nice guy.\u00a0 Too bad his policies will bury us.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Obamanomics &#8211; mp3 audio &#8220;It is absolutely true that we can&#8217;t depend on government alone to create jobs or economic growth.&#8221; Oh Please!\u00a0 With this intriguing bit of hyperbole, President Obama begins his justification for the stimulus package. &#8212; AS IF we could depend on government AT ALL to create jobs or economic growth! Governments [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-1239","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economics","7":"entry"},"_links":{"self":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts\/1239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/comments?post=1239"}],"version-history":[{"count":0,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts\/1239\/revisions"}],"wp:attachment":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/media?parent=1239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/categories?post=1239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/tags?post=1239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}