Posted by
Way2Frank on Tuesday, April 28, 2009 10:28:45 PM
Oh, I got really mad listening to Alan Chartock at an upstate New York community college lecture. He is a political commentator and a hard-core left wing
guy. I'm okay with that. You can vote... politically... for whomever you want
and for whatever reason. College kids, those who listen, are likely to soak up whatever drivel Mr. Chartock is selling. He makes no bones about his left-wing world view, including that Obama is "the smartest man" without offering an ounce of evidence. However, economically is a different story. There, the
facts must speak for themselves.
He said Obama was lucky as compared to
governors like Patterson because the Federal government can "print their own
money." This is a lot like saying "jumping out of airplanes without a parachute
is not a problem..." The landing might be a bit difficult, but that's another
story. I would like to see Mr. Chartock play the game Monopoly with someone who introduces extra cash to the game. Prices will sky rocket.
He also reiterated 2 of Obama's planned promises. First, he said
said that Obama is going to "spend and spend and spend until the recession is
over" and he stated that "Obama is going to balance the budget." Sane people
recognize that these statements are mutually exclusve and the first statement is
economically irresponsible. If spending would get us out of a recession, then
the overspending during the Bush years surely would have kept the recession from
ever happening in the first place. Remeber, a spending orgy, by any other name (i.e. stimulus plan) would smell just as foul.
This recession is nothing more than
an economic hangover and the proposed cure is nothing more than another
drink. And left-wing talk shows hosts (NPR, of course, means your involuntary tax donations at work) who "drink the kool-aid" are the last to see it coming. But this election wasn't about economics. That said, we bought more than we bargained for.