First Principles

You’re right, Graham. I don’t understand the concept of a stimulus. At least not this one.

I don’t understand how a deficit of $459 Billion under Bush is bad for the economy, but a deficit of $1.75 TRILLION is good for the economy.

I don’t understand how punishing producers creates productivity.

I don’t understand how spending frivolously creates productivity.

I don’t understand how constant fear mongering is supposed to get people to go out and spend more money on anything except guns, ammunition, bottled water, toilet paper, and copies of Atlas Shrugged.

I don’t understand how willfully ignoring the hard numbers and the impossibility of Obama’s budget math will magically usher in prosperity.

I don’t understand how subsidizing labor unions (a la the Big Three automakers vs. their more productive and profitable competitors) increases productivity.

I don’t understand how following the failed policies of the New Deal will strengthen the economy.

I don’t understand how central economic planning is supposed to work THIS time, when we have a century of failure to show that it NEVER works.

I don’t understand how “creating jobs” in and of itself increases productivity, considering that if my business hires twice as many people as it needs to get the job done it will most certainly fail.

I don’t understand how incentivizing bad behavior will not encourage MORE such bad behavior.

But if you think you explain all that, by all means let me know. Obama isn’t even bothering.