Tuesday, November 30, 2010

Ham and Shadeggs


In the past two years, the Republicans have said and done so many outrageous and dumb things -- that it impossible to count them, keep track of them or remember them all. I would say the GOP has jumped the shark, but they did that back in 1980 when they nominated Reagan.

But today outgoing Arizona Representative John Shadegg may have actually jumped the Palin -- saying something so outrageous, so stupid, and so wrong it is hard to believe he hasn't been laughed out of Congress (or laughed out of the human race) a month early.

The Republicans are so smug and arrogant right now they actually think they can say ANYTHING can just get away with it. We are witnessing the modern day version of Pavlov's Dogs behavior -- if you are never punished or admonished for doing or saying the wrong things, then you will continue to do or say the wrong things. With no one in the media calling them out on their utterly ridiculous statements (e.g. "death panels") you end up with Pavlov's Elephants invoking Goebbel's big lie -- create a lie big enough and pound it in long enough AND not get called out on it -- and you end with a new reality.

From ThinkProgress:

BARNICLE: What about the fact that unemployment benefits pumped into the economy are an immediate benefit to the economy? Immediate...

SHADEGG: No, they're not! Unemployed people hire people? Really? I didn't know that.

BARNICLE: Unemployed people spend money Congressman, 'cause they have no money.

SHADEGG: Aha! So your answer is it's the spending of money that drives the economy and I don't think that's right. It's the creation of jobs that drives the economy... Actually, the truth is the unemployed will spend as little of that money as they possibly can. Job creators create jobs.

BARNICLE: Have you ever been unemployed? Have you ever been unemployed?

SHADEGG: Yes, I have.

BARNICLE: What did you do with the money? Save it?

It hard even to start on this one. Job creators create money as well as jobs and unemployed people hoard money!

I would think even an idiot like Shadegg would understand that someone who is unemployed will spend whatever they have (from savings or unemployment insurance) to keep their family fed and clothed. Shadegg seems to think that these people are headed to the craps table in Las Vegas or the roulette wheel in Monte Carlo -- or better -- stashing their newfound wealth in an offshore bank on the Cayman Islands.  How about the fact that many families are suffering greatly during this holiday season -- and would like to make sure their kids can find a little joy. Not John Shadegg -- these are leeches on society. 

Let's go to Shadegg's second corollary -- that the money the freeloaders will spend won't help the economy, but tax cuts for the idle rich job creators will boost economic output. If more and more people are out of work (some estimates say true un/under-employment is nearly 20%) and more and more of those people are losing their final safety net -- where is this great demand going to come from? 70-75% of the U.S. economy is based on consumer spending -- for groceries, gas, kid's toys etc. NO demand -- no need for goods and services. The trickled down money to the wealthy is not going to get invested in new businesses and increase production because the rich have an extra $50K in their checkbook. Corporations will create jobs if and when they have a need to -- MORE DEMAND.

Even fucking Milton Friedman and Ayn Rand would admit to that.

Tax cuts do NOT create jobs, because tax cuts do not create demand. Tax cuts create more cash for people -- they DO NOT make people spend. Giving the rich more money will not up their demand -- how many BMWs do they need? Do the beneficiaries of this tax cut largesse save that extra cash? Sure they do. Remember from basic economics 101 that savings = investment. Well, with the banks not lending to create growth, that theory is as good as a bad egg. When people and businesses have a need for something they spend -- not when they are given a free flow of cash.

Memo to Dodo Shadegg -- people living paycheck to paycheck and new businesses need to spend. The Koch brothers do not need to spend.

John Shadegg may be an evil and corrupt (hence typical) Republican, but even John Shadegg is not stupid enough to believe this (Palin and Bachmann yes, Shadegg no). Shadegg may be spewing the diarrhea (hate of the freeloading unemployed), but even he knows that unemployment benefits go directly back into the economy and that jobs are ONLY created when there is demand for products and services.

Oh, evil and corrupt and heartless John Shadegg wants to extend tax cuts for the rich -- but that was a given. After all the rich are job creators -- not freeloaders off the government dole.

You think the economy is bad now? Let's drop the final safety net for millions of unemployed Americans and watch small businesses -- businesses that cater to basic needs -- suffer. As an added bonus, property values will drop as even more homes get foreclosed.

Those people left without anything -- welcome to your Shadeggville.

This is only the tip of the teabag. When the Teabags really take control in January we are going to see even more "soak the poor" regulations. Remember -- there is a common pledge for all GOP members to abide by for the the next two years -- make things to get worse and blame the Kenyan Muslim socialist.

Why do people continue to fall for this crap?

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1 Comments:

  • No business will increase production and hire someone, unless they have an expectation that they will be able to sell the increase at a cost greater than the cost of hiring the extra person. If they do, they will do this at just about any tax rate, given even a modicum of investment capital. However, with a 10% unemployment rate and destitute citizenry, they won't hire more to make more widgets if they feel that there are no customers to buy the extra widgets, no matter what kind of tax break they get. Exporters might but the U.S. doesn't make and export much any more. Unlike a nation like Germany, it has largely been outsourced.

    By Anonymous Anonymous, at 6:00 AM  

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