Thursday, May 2, 2013

ObamaNomics--Mind-numbingly Stupid

Even Lord Maynard Keynes would likely pronounce ObamaNomics to be mind-numbingly stupid. Generally, there are 4 factors to view to get a snapshot of the Gross Nat'l Product [GNP]--Personal Income, Gross Private Domestic Investment, Gov't Expenditures and Net Exports. Forget all those factors but Gov't Expenditures--the only factor this idiot thinks he can comprehend. Happily, Gov't Expenditures are now in the pot with the other 3 factors due to sequestration. So, what do the idiots do? Simple, provide more "stimulus". LMAO!!! The FED approach is to buy $85 Billion per month in T-Bonds. Why? Because Inflation is on pace of only 1% rather than their threshold of 2%. Brilliant. How 'bout this Bernanke--ask yourself instead, why GNP growth is like a wounded sloth and not how you can stimulate the woulded sloth to "run" faster. Morons! How 'bout this...and even the USA Today got it right. Keep in mind, even a busted clock is right twice daily too :-)

Manufacturing is down, construction is down, oil prices are down, slackening retail sales, orders for big ticket items are down, jobs picture is bleak. Demand for goods and services are generally DOWN!

Here goes guys...pay attention now. The Affordable Care Act requires businesses w/ at least 50 employees to offer health insurance to staffers who work at least 30 hours per week. Here's the punchline, chilren: "The Mandate does not take effect until January 1, but businesses must track their 2013 payrolls to determine whether employees work enough hours to receive benefits. OMG!!! It's a revelation Bonzo!

Do you really think there will be ANYONE qualified to receive benefits??? If you do, I've got a bridge for ya that stretches over the ocean in Arizona. And guess what class--businesses w/ 50 or more employees are trimming staff and those who might otherwise be hiring sufficiently to exceed 50 employees are just NOT HIRING! You peeps are dumber than dirt! But your Kool-Aid Drunks truly believe you have the answer for everything. Screw DEMAND, WE want STIMULUS!!! Ain't gonna work either. Hell, Macro Econ 101 would clue ya into that l'il nugget, Mickey Mouse. What's next Bonzo? Sell more gold? Won't make any difference. Checkmate...you lose :-)

Wednesday, May 1, 2013

Law of Unintended Consequences--"Affordable" Healthcare Act

Well Barry Nancy, now that folks have finally read your horror story, the "Affordable" Healthcare Act, they know it is just NOT affordable. That duck just ain't gonna fly you goofs. There is a Law of Unintended Consequences. Of course, one has to be smart, well-read or have done something useful in their lives to know this. That would not include anyone in this White House. Obama's payors are dropping like flies. Two more restaurant chains announced a 30-hour per week limit on most employees--Applebees and Olive Garden. Additionally, Regal Cinemas also announced the same. There have already been numerous such announcements and the list will continue to grow. Why? It just ain't affordable and the business community knows it. Why didn't the White House know it? Why didn't the democratic congress know it? They didn't read it. I did and knew this was coming. Irresponsible? In the least! So, what happens next? Hopefully, a lotta drownings in the Potomac :-)