Thursday, June 4, 2009


Better to keep silent and be thought a fool than to speak and remove all doubt.

"Since when can you get out of huge national debt by creating trillions of dollars of new debt?" [Sarah] Palin asked. "It all really is so backwards and skewed as to sound like absolute nonsense when some of this economic policy is explained."

"We need to be aware of the creation of a fearful population, and fearful lawmakers, being led to believe that big government is the answer, to bail out the private sector, because then government gets to get in there and control it," she said. "And mark my words, this is going to be next, I fear, bail out next debt-ridden states. Then government gets to get in there and control the people."

"Some in Washington would approach our economic woes in ways that absolutely defy Economics 101, and they fly in the face of principles, providing opportunity for industrious Americans to succeed or to fail on their own accord," she said. "Those principles it makes you wonder what the heck some in Washington are trying to accomplish here."

I don't think Palin could pass Economics 101. She's never heard of Keynesian stimulus. She doesn't know the difference between private debt and public debt. She has no idea of the vicious cycle of contraction that's still a very real danger.

And she "explains" it all as a nefarious plot to take over the country. She has all the analytical skills of Pinky combined with the good will toward his fellow mice of the Brain.


globeisatrocious said...

She never heard of a Keynesian stimulus that worked. I will guarantee you never took Macro. Should I still be waiting on your post extolling her gas pipeline?

lovable liberal said...

Wrong again, gia. Keep tying yourself to Palin the ignoramus.

globeisatrocious said...

I am waiting...

lovable liberal said...

I remember an old joke from pre-adolescence: How do you keep a moron in suspense for 24 hours?