Reaganomics Vs. Obamanomics: Facts And Figures

This president is terrible for the United States. See the article  http://ow.ly/89zQh

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

Why Free-Market Economics Works

Way The World - And Free-Market Economics Works - Forbes Smart article on how free markets work while Obamamarkets dont 

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

Scientists in Revolt against Global Warming

The threat of catastrophic warming was launched by the U.N. to promote international climate treaties that would transfer wealth from rich countries to developing countries. Global warming theory did not come from a breakthrough in scientific research that enabled us to understand our climate.  We still don't understand global climate any more than we understand the human brain or how to cure cancer.  The science of global climate is in its infancy. http://bit.ly/sOF2kb 

Comfortable and revealing Bloomberg debate

Thought Romney was presidential, sharp, gracious and knowledgeable. I am pleased to support him. Research into MR reveals a solid record of high achievement accompanied by a kind, gracious, evolved person. He is a number 9 in numerology (Life Path).

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

Keynesian economics doesn't work . . . here's why

The Disgrace of Obamanomics

Excerpt from   http://spectator.org/archives/2011/08/03/the-disgrace-of-obamanomics# 

Keynesian economics is the doctrine that economic growth and revival is caused by increased government spending and deficits. The increased spending and deficits are supposed to increase aggregate demand for goods and services, which supposedly causes producers to produce more. If you listen to President Obama carefully, he is always saying that economic growth and prosperity comes from increased government spending.

As the Journal explained it this weekend, President Obama "deployed the entire arsenal of neo-Keynesian policies to lift domestic demand," including "nearly a $1 trillion in stimulus, plus a battalion of temporary and targeted programs: cash for clunkers, cash for caulkers, tax credits for homebuyers, 99 weeks of jobless benefits, 'clean energy' grants, subsidies to states, and so much more."

If the idea that increased government spending and deficits create prosperity doesn't seem to make sense, that's because it doesn't. Keynesian economics has never worked, not when it was born in the 1930s and not when it finally crashed and burned in the 1970s with double-digit inflation, roaring unemployment, and deep recession all at the same time. That is supposed to be impossible under Keynesian economics, because you can't have both too little aggregate demand (the supposed cause of recession and unemployment) and too much aggregate demand (the supposed cause of inflation) at the same time.

The central fallacy behind Keynesian economics is that the money for the increased government spending and deficits has to come from somewhere. If the government borrows a trillion dollars out of the private sector to spend a trillion back into the private sector, it hasn’t done anything to increase the economy on net. If it seizes a trillion dollars in taxes out of the private sector to finance the trillion of increased spending, the result is worse. The economy has not been expanded on net, and the increased taxes reduce the incentives for production, resulting in a net loss to the economy.

Keynesian economics survives not as a matter of logic, but because it provides cover for what the politicians want to do: increase spending and deficits to buy votes for their political machines. For a Chicago machine politician like Barack Obama, that is catnip.

The commonness of common sense

The charge is often made against the intelligentsia and other members of the anointed that their theories and the policies based on them lack common sense. But the very commonness of common sense makes it unlikely to have any appeal to the anointed. How can they be wiser and nobler than everyone else while agreeing with everyone else? -- Thomas Sowell

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

Is there no end 2the lunacy of this administration? Brennan’s Lessons on Jihad http://ping.fm/uUi9U

Om Bhagavan by Omkara, a love song to the Satguru. Enjoy

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

A short but clear excerpt from Living The Science of Mind, Ernst Holmes, "To dwell upon lack is to . . .

. . .create it . . . .To remain unhappy is to attract more unhappiness. Deliberately we must turn from that which hurts. The Law of Mind exists in a formless state and can only take the form for us which our thought gives it. When we think within ourselves, we think upon It; when we direct our thought, we are directing It. It is in this way that our world becomes the law unto that thing whereunto it is spoken.

Jonathan Paul 'JP'
Your true being is mysterious peaceful joy and that is all. Huang Po

Social Media Aggregation Tools to simplify streams ...

SocialMedia Aggregation Tools Simplify Your Streams http://ping.fm/APWiU

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About

My life is part spiritual, part business, part political. I am coming to grips with the rest...

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