Leftist Lexicon Word of the Week

As those who read my work on a regular basis know (and if you do read me regularly, I’m sorry), there are some politicians who are always good for a Leftist Lexicon topic. One such politician is Senator Elizabeth Warren. Now, I won’t call her Pocahontas or Fauxcahontas as others have because I want to respect her heritage while giving her all due respect. Hence, I call her Chief Running Mouth.

Anyway, Senator Warren took to Twitter to complain about gas prices rising in spite of President Joe Biden releasing 50 million barrels of oil from the Strategic Oil Reserve in an attempt to lower gas prices. Now, what did CRM blame for the rise? OPEC nations playing hardball? China and Russia conspiring? Donald Trump? Nope! She blamed…corporate greed.

When discussing economics, corporate greed is the Left’s favorite boogeyman, and it seems to catch on every time it gets used. To understand why, we have to take a closer look at the phrase and analyze the parts. That, and to help pad out this edition of the Leftist Lexicon.

corporate greed

What the Left thinks it means – one of the major road blocks to progress and economic justice

What it really means – proof the Left doesn’t understand basic economics

Economics can seem pretty complicated, but there are some core concepts that anyone who has been to a garage sale, like, ever can understand. Which means Leftists will struggle with said concepts, but I’ll try to keep it simple so they have a chance to catch up.

Contrary to popular Leftist belief, the reason for a company or corporation to exist isn’t to pay taxes, provide jobs, and ensure every employee gets paid a living wage with full benefits, maternity leave, and any other benefit. It’s…now brace yourselves…to make money. After all, if a corporation doesn’t make money, it’s either a scam, kept afloat with taxpayer funds, or defunct. Or in the case of green energy companies during the Obama Administration, all three. And without money, companies/corporations can’t provide the laundry list of what Leftists think employees should get since that money helps keep the doors open. So, it’s in a company’s best interests to be greedy.

Where the Left gets things twisted is in thinking (if you can call it that) that greed is bad. There are aspects of greed that inspire more positive aspects of the corporate world. And there’s one that Leftists are absolutely in love with that proves this point: COVID-19 vaccines. Now, Leftists will argue Johnson & Johnson, Pfiser, and Moderna went to great lengths to get the vaccines out to people who needed it out of pure altruism, but the truth is they did it so they could make money. And when Uncle Sam is willing to push your goods without you having to spend a penny to advertise it? You would have to be an idiot to decline an unlimited source of money, most of it being pure profit.

Or a certain Senator from Massachusetts, but I repeat myself.

While Leftists complain about corporate greed on Twitter using their iPhones, they are blissfully unaware of how the capitalist sausage is made and how they’ve already bought into it by virtue of the little decisions they make. Namely, what they buy. Granted, we’re subject to the same buying decisions, but remember we’re not the ones railing against corporate greed. We bought into it, while they’re selling out to it.

And here’s the kicker: Leftists really don’t oppose corporate greed when it furthers their personal goals. Take Chief Running Mouth, for example. While she attacks oil companies for allegedly gouging customers at the gas pumps and pushes for laws prohibiting Congresscritters from direct stock purchases, she and her husband have made a tidy sum on annuities, which according to the Boston Globe includes stocks and bonds. Even though they’re indirectly stockholders, they’re still stockholders, and their fortune, at least in part, is reliant upon the very corporate greed she says she opposes. Amazing how that works, isn’t it?

Oh, but it gets better! She also got campaign contributions from Apple, Google, and other big-name companies, including the ones she rails against for…wait for it…corporate greed.

And, as you might have guessed, this is by design. By creating a faceless beast in corporate America, the Left has ginned up fear and hatred of any big company who wants to make a profit. Granted, some companies abuse this notion (I’m looking right at you, Wells Fargo), but Leftists never come out and tell us how much they feel companies should be willing to give up to keep the doors open. I know they don’t have an exact figure, but I guarantee whatever it is they calculate, it will never be enough because Leftists think all money is finite. If someone gets rich off building a better mousetrap (personally, I prefer napalm, but that’s just me), they think that wealth comes at the expense of someone else, and they want people to feel they’re the ones getting screwed. Then, people like Chief Running Mouth come along and say they want to take on corporate greed and win one for the little guy.

As of this writing, that hasn’t happened yet, but the promises to do something keep mounting and getting louder. But they need to keep the con going, so they find new ways to lambast “greedy” corporations so you feel green with envy while they continue to feel green in their back pockets from all the donations they get from the companies they attack for being greedy.

So, what happens when you realize someone else getting rich doesn’t affect you? Aside from feeling a sense of relief, it ruins the Left’s con and helps you see the Left’s ignorance in economics. No, there isn’t a greedy corporation taking money that doesn’t belong to them so they can have golden toilets, but there are a ton of greedy politicians who love to be generous with your money to ensure they get golden parachutes, and Elizabeth Warren is no different. If/when she leaves the public sector, she will have done so being as bad, if not worse, than the corporate greed she rails against.

I take that back. She will definitely be worse. After all, greedy corporations at least understand how to make a buck.

Leftist Lexicon Word of the Week

While President Joe Biden’s Build Back Better bill languishes in Congress, Leftists are trying to shame people into supporting it, including members of “The Squad.” For those unfamiliar with them, The Squad is the political equivalent of “The View”: a bunch of uninformed harpies whose voices create more cringe than YouTube. A member of The Squad, Rep. Ilhan Omar, recently tweeted America has a problem with greed.

By the way, this is one reason I don’t have a Twitter account: too many twits.

The Left loves to attack greed, but do they understand what it entails? Let’s just assume not and head right into this week’s Leftist Lexicon.

greed

What the Left thinks it means – unnecessarily hording money so others can’t use it to better society

What it really means – the lust for money, especially money that doesn’t belong to you

Greed is a human emotion everyone has, but the Left has found a way to weaponize it. To the Left, there is a direct line from greed to dag-nasty evil once you connect the dots. The problem is the dots don’t connect nearly as neatly as the Left will have you believe.

Take Amazon founder and executive Jeff Bezos, for example. In spite of his near-perfect record of supporting Leftist causes, he’s still in the crosshairs of the Left because of the money he’s made due to COVID-19. Gee, I wonder how Bezos could have made so much money delivering packages to people stuck inside due to a global pandemic…it’s a mystery!

Granted, the way Amazon treats warehouse workers makes China look good by comparison, which is a valid criticism of the Bezos way, but that’s usually not what the Left talks about first. It’s his money and what he’s done with it, namely going up into space. Shortly after Bezos and fellow rich Leftist Richard Branson took their money and built rockets that took them into space, Leftists went berserk…er. They said the money they (and non-Leftist Elon Musk) spent on what they termed joyrides could have been used for better purposes, such as education and the environment. Heck, they were so serious they made it into a meme! A MEME, PEOPLE!

Here’s the funny thing. Bezos, Branson, and Musk do contribute to society. Bezos alone gave $10 billion to fight climate change. Wait…isn’t climate change something the Left says they care about? Why, yes! Yes, it is! Combine that with the $2 billion and the millions of dollars Branson and Musk have given to numerous charities, respectively. And that’s not even getting into the Warren Buffets and Bill Gateses of the world. And what has the Left contributed?

A meme trying to get us to believe billionaires were bad people because they were greedy for wanting to go into space.

That’s a concept the Left can’t seem to get their heads around: it’s not their money in the first place. It shouldn’t be any of our business how people spend their money so long as it doesn’t infringe on other people’s rights, and I’m going to say taking a craft into space isn’t hurting anybody but NASA and the Left. Not that I advocate either, mind you. It’s a matter of keeping things in perspective, i.e. staying in your lane.

The Left doesn’t recognize that, though, because to them everything is or should be under their control, and I do mean control. If they can figure out a way to create federal control of anything, they will make it happen. Just look at their attempt to federalize fact-checking on Facebook, as helped by a “whistleblower” who just happens to give money to the Socialist Socialite. But I’m sure that was totally a coincidence, though!

The end goal for bringing up greed is to get the Left in control of as much money as possible. Instead of working to, you know, earn it, they try to guilt it into their wallets, and it usually works. That’s why a lot of wealthy people lean Left. Either that, or they’re trying to keep the Left off their backs for a little while. Either way, the Left isn’t satisfied with the money they get from wealthy Leftists. They need to have it all, and will use any means necessary to get it.

Which, oddly yet appropriately enough, is the very definition of greed.

No matter how righteous the Left thinks they are in trying to make things equal…ly bad, the fact remains they epitomize the very thing they claim to be fighting. Aside from the delicious irony and pure comedic gold this brings, there is no up-side to making people feel worse because they have more money than others. Personally, I don’t care if you made your money working in a factory or making TikTok videos because it’s not my purpose to tell you how to make money. If you want my sanction, you’ll have to talk to someone else. (It was part of my wedding vows.)

Besides, what exactly is wrong with being wealthy? The fact someone has more doesn’t mean the world has less. Money isn’t pizza, folks. There’s enough for everyone. Of course, if you made your money  harming others, then I have a problem with it. Fortunately, most wealthy people I know (because I hobnob with the elites on weekends) don’t do that. Even the worst among them have done something to earn their fortune, even if it is just being born into a wealthy family. The point is greed is neither good nor evil, per se, because it’s how we use it that makes the difference. If we use greed as a motivator to become the best in an industry, that’s positive. If we use greed to malign others because we’re too busy playing scratch-off tickets to work, that’s negative.

Let’s just say the Left has scratch-off crumbs on them.

Ultimately, though, we shouldn’t let knuckleheads from The Squad use greed as a weapon to support a $3.5 trillion dollar boondoggle. The only thing greater than the Left’s greed is their lack of self-awareness about it.

Leftist Lexicon Word of the Week

There are some things about the 1970s that I miss. Great music. The Bicentennial. The lack of millennials. Yet, there are some things I wish would stay there.

One of those things is leisure suits, but since they’re not really that relevant, we’re going to talk about inflation. If you’ve been watching your nickels and dimes lately, you’ll see those nickels and dimes aren’t going as far as they used to, say, a year ago. Hmmm…I wonder what happened within the past year that could have caused that to happen. I don’t know, but I’m Biden my time, if you know what I mean.

But if listen to the Left, this current round of inflation is no big deal and we shouldn’t freak out over rising costs. Of course, these same Leftists think Paul Krugman is knowledgeable on economics, so you can take that with a grain of salt. Meanwhile, let’s take a look at inflation from someone who isn’t notorious for being wrong.

inflation

What the Left thinks it means – a normal economic condition that shouldn’t concern us

What it really means – an economic condition worsened by bad economic policy

I recognize economics is a subject so dry it makes the Sahara Desert look like Atlantis, but I do have to go into a bit of it to give us a baseline of knowledge to understand the impact.

When the cost of business goes up, goods and services get more expensive, resulting in the producers getting less money for the same effort. The producers then have to make a decision to address the shortfall, everything from adjusting the price to firing employees. More often than not, they raise prices, which in turn affects the value of our money.

But that’s not the only thing that affects monetary value. Politicians indirectly have an impact on it through legislation, regulation, and regurgitation (of talking points). One glib comment from a politician or squawking head and the economy can tank faster than a Proud Boys stand-up act at the Apollo. Even the hint of some new taxes or regulations of a particular industry can create economic instability.

Fortunately, we don’t have a current President who is notorious for making ill-informed staaaaa…oh, crap.

Say what you will about Donald Trump (and, believe me, I have), but one thing I will give him credit for is understanding how the economy works. And before you comment on the number of bankruptcies he’s filed, keep in mind Trump has been a part of the American social fabric since the mid 80s. He’s been all over everything from casinos to reality shows to steaks to online education. He’s the orange Ron Popeil.

Compare that to the laundry list of political and media knuckleheads who can’t tell their assets from a hole in the ground, and yet have the power to impact the economy without knowing how it works. (I’m looking at you, Socialist Socialite.) And, as it turns out, these are the ones who make the statements that cause the most economic headaches.
Take the aforementioned Paul Krugman, for example. He may have a Nobel Prize, but the fact he’s wrong more often than he’s right condemns both Krugman and the Nobel Committee. I mean, would you follow the advice of someone who said the Internet was a fad and would go the way of the fax machine (it didn’t) and advised people to get out of the Stock Market after Donald Trump was elected because it was going to crash (it didn’t)?

Oh, and did I mention Krugman is also one of the people saying inflation isn’t that big of a problem right now?

Although inflation is a pretty easy concept to grasp, the Left doesn’t get it, mainly because they aren’t economically-minded (except when it comes to their own bottom lines). A big reason for that is because they rarely think of money as a tangible matter. To them, it tends to be symbolic in nature, namely as a symbol for the rich oppressing the poor, men oppressing women, and so on. As a result, their “solutions” to the problems they make up…I mean find are simplistic. Just take X amount from Person A and give it to Person B and all will be right with the world!

Of course, they never see themselves as being Person A because they love spending other people’s money on stuff they want. They see money as power, which I can grant them to an extent. As long as they have money, they think they have power, but only they know how to use it property. Just ask them. That’s why there are a lot of rich Leftists out there. And the irony of their greed while chastising others for it is not lost on your humble correspondent.

The problem is their lack of understanding of the actual costs of inflation usually winds up hurting the people Leftists always want to court come election time. When prices go up, the ability for a significant chunk of the population to buy even basic goods goes down. The Leftist solution is to give more of other people’s money to that population while getting them to believe they deserve it, or should I say entitled to it. It works great to keep rich white Leftists in power, but it sucks if you’re constantly on the economic treadmill trying to make ends meet. But it’s never the Left’s fault. It’s always someone else. For example, President Joe Biden blamed the rising cost of beef, chicken, and pork on…wait for it…the meat producers! To believe that, though, you have to believe the Left had no influence on prices skyrocketing due to inflation when they have control over the laws getting passed and policies getting enacted.

But they don’t care because a) they assume everyone is as dumb as they are, and b) most of the Leftists who are okay with rising inflation make enough money to afford it. And it all goes back to their greed. After all, as long as it doesn’t inconvenience them, the Left is fine watching people suffer at their hands.

The Party of Compassion, everybody!

In order for us to weather the self-inflicted economic storm, we need to use our heads when it comes to spending. Cut coupons, comparison shop, budget for needs rather than wants, and do what you can to keep costs down, including learning how to make or grow what you might need to buy. Granted, not everyone is Bob Villa or has a green thumb, but it’s never too late to pick up some pointers or ask questions from those who are more knowledgeable. The one currency that never experiences fiscal ups-and-downs is human kindness. Even if today’s more divisive world, you can find someone willing to lend a hand in times of need.

The other thing we can do, which might a bit harder, is to vote for candidates with a strong understanding of economics. This isn’t a “Vote Straight Ticket Republican” idea, since the knuckleheads who got us into this mess come from both major parties. Take a hard look at what a candidate says and grill him or her on the economy. If they give a half-hearted or nonsensical answer, strike them from your short list. If they give a solid answer or an answer that checks out from the research you do ahead of time, give them a second look. Even if they aren’t your favorite person, ask yourself if you can afford a popular dullard impacting any part of the economy and vote accordingly.

The dollar you save might be your own.

Leftist Lexicon Word of the Week

Although I know you guys love it when I talk COVID-19 and 2020 is more screwed up than Charlie Sheen on a coke bender (or, as he calls it, Tuesday), I did want to take a brief detour into a subject that is making the rounds this election year. The Left has been pushing for a one-size-fits-all-but-actually-fits-no-one approach to economics, especially as it pertains to the working class. In their efforts to sway voters, they’ve created the notion workers are entitled to a fair wage (and, of course, blamed the CEOs for not sharing the wealth). One of the ideas the Left has promoted is Universal Basic Income, or UBI for short. It was heavily promoted by former Democrat candidate for President Andrew Yang, and it’s picking up steam in Leftist circles due to COVID-19.

Now, just because it’s a Leftist idea doesn’t make it a bad idea. However, if you stick with me over the next several paragraphs, I’ll show you it’s a bad idea regardless of who promotes it.

Universal Basic Income

What the Left thinks it means – giving every citizen a certain amount of money on which to live regardless of their circumstances as a means to curtail poverty

What it really means – letting the government tell you what your time and effort are worth

Capitalism isn’t a perfect system by any stretch of the imagination. Any economic system that lets Gwyneth Paltrow sell candles that smell like her hoo-hah needs some work. However, out of all the other economic systems out there, it’s the best because it allows for the greatest amount of freedom, the greatest chance for mobility, and the best use of one’s talents. It’s the reason LeBron James gets millions of dollars while telling the world how oppressed he is. (By the way, King James, how much are you getting from China for not calling them out on their oppressive regime?)

What the Left gets wrong about capitalism has filled many a book and opinion piece, including blogs from your humble correspondent. With UBI, their track record is still perfect in that regard. As I’ve noted before, the Left believes all money is finite and those who have more have a moral obligation to share it with the rest of the world because “they can afford it.” Although Bill Gates, Jeff Bezos, and others have jumped on this bandwagon, it’s not necessarily one you should jump on because everyone else seems to be doing it.

Here’s what I mean. In a capitalist system, you are paid by how much the owner(s) think your time and labor are worth. You can quibble about the dollar figure when it comes time for your annual performance review, but by and large that’s what it boils down to. Under UBI, the decision of how much your time and labor are worth gets made by the people who run the DMV or pay $500 for a hammer because it’s not their money they’re spending; it’s yours in the form of taxes. Because of this, no consideration of the amount or quality of work getting done or the skills you bring to the table can be made. You are merely given X amount of money no matter if you dig ditches or trade internationally.

This problem goes beyond how much you get paid, too. As with any budget not written up by Arthur Andersen or the federal government, you have expenses as well as income. UBI advocates say these expenses would be covered as part of the UBI calculation, but they don’t consider other expenses that separate you from your neighbor.

Let’s say you’re a construction worker who has been on the job for 20 years. (Not the same job, mind you, but several jobs.) Not only have you amassed a considerable knowledge base in that time, but you may have accumulated health issues, like bad knees or high cholesterol, that require the outlay of more money to address. Then, there’s a kid fresh out of high school with a fraction of the experience and none of the health issues. UBI treats you both the same, which is a boon for the high school graduate and less of one for you. In short, UBI punishes you for being different.

Hmmm…now, where have I heard of that happening with other socioeconomic systems? Oh yeah, in socialism and its various offshoots.

UBI and socialism work great on paper where you can control the variables, but in practice they fail because you cannot force people to be uniform. We come out of the womb different and we will be that way for the rest of our lives. No matter what government program you propose or regulatory agency you create, no two people will be the same, period. And when the champions of diversity are the ones trying to force conformity, you know there’s something amiss. Or, for the feminists out there reading this, ams.

The biggest drawback to UBI is it stifles creativity and work ethic. The former Soviet Union saw this happen when workers who did better than their quotas were punished while those who underperformed weren’t. The reason? Everyone was getting the same pay regardless of what work they did. If you can make a guaranteed $15 an hour badly working the shake machine at Burger World, why bust your ass to get better?

Of course, this feeds into the current societal mindset where people want to make more money for doing less work. See any “YouTube celebrity” for proof of this. This also explains why so many Leftists support UBI. For the rest of us, though, it’s a mixed bag, especially for those of us who have a good work ethic. Although we might not mind making money without much effort, there will always be a part of us that doesn’t feel right about it. Why, it’s almost as if…we want to earn our pay!

But UBI doesn’t allow that. You get paid what the government says you get paid, no matter what. I know Leftists want us to be in a nanny state, but apparently they want us to pay for everyone to be wards of the state.

If you know someone who is convinced UBI is the way to go, ask them what figure the UBI should be and how they calculated it. If they give you an answer, ask them if they trust someone like President Donald Trump to distribute these funds. I guarantee you they won’t, but it will make the point that government isn’t the best entity to make the kind of financial decisions the Left wants them to make.

Plus, who wants to be governed under an idea whose abreviation sounds like a misspelled urinary tract infection?