All Those “Silly” Fears

Klugman - Dangerous Idiot
Finally admits he was dead wrong on globalism

Paul Klugman, Nobel laureate economist, and deeply entrenched and enriched pundit has always been an arrogant git who loved to lambast and excoriate any critics of globalism – what his school of economics called “Global Capitalism” – as fools and their fears as silly. His position, defended from on high, was that we should not worry about it. He said that unrestricted trade will have, at the very most, only a very minor negative impact on our people’s prosperity and posterity.

Well, that was then and this is now. Klugman has finally admitted that the large number of people whom he thought didn’t understand macroeconomics very well and who were silly were right and he and his fellow Globalist Keynesians were utterly and totally wrong.

To make a long and convoluted story short and – possibly overly – simple: Despite vast numbers of people warning otherwise, Klugman and his fellow travelers both fervently believed that manufacturing moving to Third World nations, e.g., China, would perforce raise wages in those countries, thereby raising the costs of the manufactured goods close enough to those domestically produced so as not to upheave the market greatly. They also grossly underestimated how much and how often corporations would take advantage of both the amazingly low-cost labor pools and tax benefits of such off-shored manufacturing.

In other words, Klugman and Co. arrogantly derided those people who warned them of what globalism would cause and they were completely wrong in doing so. Those “silly” fears turned out to be not so silly after all.

Tags: | | | | | | | | | | |

College Economics 1001

College Economics 1001
College Economics 1001

This about sums up the rank and malodorous hypocrisy of Freshman Economics as it is now taught in the reeking cesspits of Leftism that are the vast majority of what are called colleges and universities in America.

Then, this is what had to happen since we allowed these institutions to degenerate to the point that they effectively and tacitly, though rarely overtly, run all professorial candidates and all course syllabi through their departments of Intersectionality, Gender, and Racial Justice for preapproval.

Tags: | | | | | | | | | |

What Americans Want

A Sing Of The Times - What Americans Wan
A Sing Of The Times – What Americans Want

Americans don’t want everything for free; we just want to be free – free from governmental tyranny, free from the oikophobic oppression of the #CancelCulture, and free from the real, existential threat posed by the violent rabble of #BlackLivesMatter and their enablers and fellow travelers, #Antifa. Democrats and other non-Americans seem to have opposing desires.

Yes, their sort seems to have diametrically opposed desires. They seem to want anything that they want to have to be free. This is a false belief. Democrats and other non-Americans existing within our nation’s borders won’t settle for getting whatever they want for free. Free isn’t good enough for them; they want Americans to pay for it all.

Always remember that nothing that that sort ever gets is enough unless they’re getting it harms and/or disadvantages Americans. It’s not about rising themselves up; it’s about tearing Americans down.

Tags: | | | | | | | | | | | | | | |

Dems’ Economic Measures

Dems' Economic Measures
Dems’ Economic Measures – No!

Face it; that is every Democrat politician and media sort of any note. They’re desperate to keep America’s economy on Lock-Down until such time as they can find a vaccine for President Trump, the American people, and most of the White Race, at least those within our borders.

The Dems came to terms with COVID-19 a while ago. It’s President Trump and the pandemic of American patriotism and excellence that elected him that has them all worked up.

Tags: | | | | | | | |

CNN Sees A Threat

CNN Sees A Threat – Fiscal Responsibility

CNN will apparently always be CNN, whether it’s theire political (mis)reporting or their business section. Their recent article, “New threat to the economy: Americans are saving like it’s the 1980s” pretty much sums that fact up aptly and succinctly.

Americans are slashing their spending, hoarding cash and shrinking their credit card debt as they fear their jobs could disappear during the coronavirus pandemic. US credit card debt suddenly reversed course in March and fell by the largest percentage in more than 30 years. At the same time, savings rates climbed to levels unseen since Ronald Reagan was in the White House.

Yeah, CNN has a problem with people saving money instead of staying and/or going deeper into debt. After all, they describing increasing one’s savings as “hoarding cash.” They see not spending money that you don’t have and planning to rely more upon yourself during a crisis as threatening behaviors.

Then, I suppose this is to be expected. CNN was, is, and always will be CNN, a leftist mouthpiece and part of the propaganda corps of the Democrat party. As such, their is no part of their ideology that isn’t threatened by people behaving in a responsible manner, especially involving their money.

Tags: | | | | | | | | |