
WASHINGTON — President Obama acknowledged the deep partisan divisions gripping Congress, but he urged Republican and Democratic leaders Tuesday to cooperate on legislation that creates jobs.
Amazing. Obama actually believes that Washington creates jobs. Techically it can create a job, meaning that Washington can spend money and create “a” job. However, also technically, it costs more jobs than the one created to create the government job. This truth is based upon the negative multiplier effect that government spending has, at best about a .8. I’ve gone through this before but I’ll go again, every dollar the government spends shrinks the economy by twenty cents. Thus, every job the government “creates” takes away more than one job in greater economy. It’s basic economics folks, proven over and over again in history.
And yet, Obama thinks the absence of bi-partisan cooperation is the cause for the shrinking job market. No Mr. Obama, you are once again wrong but you do have a great excuse given that you never worked in the private sector, never made a bottom line, let affirmative action rather than your ability lift you through life, and your “caused by others” narcisism. But, excuse or no excuse, you are still wrong. In fact, it is the opposite of what you are thinking. The absence of bipartisanship is saving jobs and serving, at least a little, as a sea anchor to the free fall of our economy. Those in the private sector (the ones that pay for your fantasies) are relieved that health care failed. They are relieved that cap and trade is a long shot. They are relieved that conservatives are likely to take back the house and senate in November. They are relieved but not thrilled. They are not thrilled because your plans and policies continue to loom on the horizon like a bad storm.
Mr. Obama I would strongly suggest that you open a lemonade stand and work it on weekends. I believe you will have time to do so since you don’t write or read the bills that you telemarket and infomercial. But in truth, it would serve you well to learn the basics of private enterprise and business and a lemonade stand is great start. You’ll have a bottom line, the cost of the stand, the lemonade, cups, and labor. You’ll have income from the sales. And if you do it right, you will learn that increasing costs decreases profitability. And that’s what your missing Mr. Obama. The agenda that you telemarket and infomercial sends the message that costs are going up, that government is going to be doing a lot more “taking.” In response to your messages, the private sector tightens its belt, stops spending, stops hiring, stops lending, stops risking. Picture you lemonade stand Mr. Obama. What if you we’re going to expand and build a second lemonade stand but lemons were going to be taxed? Further, what if the tax would increase the price and the increased price would decrease sales? Decreased sales would decrease income which would certainly decrease your appetite for expansion and risk. See my point Mr. Obama. You need to work in a lemonade stand. Working in a lemondae stand would educate you on why your agenda is so inconsistent with a growing economy. I swear, I’m serious. And don’t feel bad, all work is noble for the most part. I worked in one and taught me a ton about the realities of business and the economy. I think I was six years old when I learned it. It’s never too late to start Mr. Obama. Go for it. Get out there and sell some lemonade, learn the ropes of the private sector and then go back to your employer, us, and do the right thing based upon your new higher education. And indeed it is a higher education because it taught me way more than your “poison” Ivy league farce taught you.
You know what they say Mr. Obama, “If it rains lemons, make lemonade.” Go for it Obama. It will do us all a bunch of good.
That’s my Reetzality for the Day.
Thanks for the read.
Brett Reetz