Framing the Dialogue

Posts Tagged ‘logic’

Econ 1

The Great Vilsacko performs his money magic trick.

I am currently reading Return to Prosperity by Phd economist Arthur Laffer and I’ll review the book as usual after I finish it, but a recent statement by President Obama’s Agriculture Secretary had me referring to the “Econ 1” phrase Dr. Laffer uses frequently when describing politicians lack of knowledge that is taught in a basic economics class. Secretary Vilsack appeared on MSNBC’s Morning Joe to tout the benefits of the Supplemental Nutrition Assistance Program (“SNAP” or Food Stamps as we used to call it). Vilsack called SNAP the “most direct stimulus you can get into the economy during these tough times.” I guess that he also considers the fact that America has vastly increased the number of people “stimulating” the economy as 1 in 7 people are in the program. Let that sink in…NEARLY 15 PERCENT OF OUR FELLOW AMERICANS GET FOOD FROM THE GOVERNMENT!

The OBA Administration

I’d like to suggest that the Obama Administration be renamed the OBA Administration or the Obama Back-Assward Administration.  When most of us have a problem we try to find and fix using logic.  For instance, my car was having some trouble starting so I had the battery and alternator checked.  If I were to act like the Obama Back-Assward Administration, I would probably have my key checked.  It would be funny except that these folks are “running” the country or should I say “ruining” the country…

Use of Knowledge

So why does the average American accept economic policies that are bound to bankrupt this country?  Logic tells us in our personal lives tells us that if we spend way more than we make we incur debt.  Anyone who has ever had a loan or a credit card balance knows that there are interest charges on that debt which must be paid on a monthly basis.  When we still keep spending beyond our means our debt increases and so does our monthly payments which a greater percentage of goes to pay the interest on the debt.

I Am From the Government And I Am Here To Help – Part 7

Part 7 – A Willing Suspension of Logic

star-trek-spock1This slogegment of the Government Series is all about how government action defies logic.  Quoting our Secretary of State when she called the military leader in the Iraq a lier during a war; you have to have a “willing suspension of disbelief” to think that government can be logical.  I started writing this posting a few days ago when I heard some stories of government action that defied logic, but this afternoon, a friend experienced a more personal example of a willing suspension of logic.