OBAMA FLUNKED HIGH SCHOOL ECONOMICS

TENTH GRADE ECONOMICS PART DUEX

Apparently our Harvard educated president wasn't paying much attention in high school economics class.
His answer to our economic malaise? Throw more (borrowed) government money into the economy. (of course worsening the slide of the actual worth of every dollar, and hastening the demise of the dollar as the world standard currency)
Cut Social Security taxes in half. (Driving the final nail into the coffin of an already out of balance program)
Tax the daylights out of the rich. (They tried that in England-90% tax rate. The rich just packed up and left the country)
Of course, there would be short term benefits to the unemployment rate. Should last until after the next election. Which, as usual, is all the politicians care about. So what if we hasten the total collapse of America as we know it? We've still got the power.

Once again I reiterate: you must produce REAL GOODS in order to produce REAL wealth. Throughout our history, we exported far more goods than we imported. American machinery and goods were the finest in the world, and in great demand. It made us the most prosperous and powerful country in the world. That started to change as far back as 1971. That year, we imported $1.3 billion more than we exported. In 2010 imports were over $500 billion more than exports. America is on the decline. Meanwhile, China, who exports way, way more than they import, has the worlds fastest growing middle class, i.e. prosperity. Need I give more examples? The only thing that saved us temporarily was the dot com tech bubble. The problem there, which we are seeing the effects of  now that the bubble has burst, is that all that created was paper wealth. Why? Because they shipped the jobs of building all those computers and electronic devices overseas.
Yes, rebuilding roads, bridges, schools etc. will produce temporary jobs. It will not do a single thing to solve our underlying problems, Mr. Obama.

I've got to tell you, for years and years I would mentally roll by eyeballs when someone would start espousing conspiracy theories. That started to change a bit when they commenced to destroying our educational system back in the late 80's, early 90's. I thought "the people running our schools are highly intelligent, highly educated PHD's. They can't be this stupid. Is some group running an agenda here? I am really wondering if Soros backed Obama's agenda isn't to bring this country to it's knees, in order to remake it into their dreamed "socialist utopia". It's a wonder people this smart can't learn from history. NOT ONE SOCIALIST/COMMUNIST COUNTRY HAS SURVIVED VERY LONG.

Remember, if you are not part of the solution, you are part of the problem. Stay informed, stay involved, and VOTE!

God bless,
Dumb farmer