Leftist Lexicon Word of the Week

Presidents often get legislation or policies named after them. Ronald Reagan had Reaganomics. Barack Obama had Obamacare. Donald Trump had lots of bullshit indictments.

And our pal Puddin’ Head Joe has Bidenomics.

While Leftists are bending over backwards to make Bidenomics look successful, even to the point of saying Puddin’ Head Joe doesn’t want to take credit for the success and telling people things are better than they seem. And in between suggesting the average American isn’t smart enough to realize how great things are right now.

Well, put on your hip waders, kids, because this shit is gonna get deep.

Bidenomics

What the Left thinks it means – Joe Biden’s successful economic plan that is bringing us out of the dark economic times following COVID-19

What it really means – trillioning down on a failed economic model that only works in theory

There once was an economist named John Maynard Keynes. And unlike the man from Nantucket from the dirty limerick, Keynes is entertaining for a completely different reason: his economic theories. Normally, this shit would be as boring as a mayonnaise sandwich on white bread, but in his time he advanced the radical notion that the government had the ability to create wealth and stability by spending money. This idea, called Keynesian economics, has been lauded by Leftists as valid. There’s just one problem.

It doesn’t work. Ever.

The major flaw in Keynesian economics is it overvalues the power of the government to fix economic problems while undervaluing the power of the government to cause economic problems. When government spends money to create jobs, it’s always our tax dollars at stake, and we don’t have the power to fire them when they fuck up like Hunter Biden’s Narcotics Anonymous sponsor. Throw in the sometimes confusing and no-competence-needed approach to government contracts, and you have the recipe for work not getting done well, thus wasting our money.

Can you say The Big Dig, boys and girls? I knew you could.

As far as the government controlling/stabilizing the economy through spending, they can’t even follow the laws they pass, let alone the laws of economics. At best, the government can move the needle in one direction or another by taking certain actions, like cutting taxes or spending money on a government grant to research why modern pop music sucks. The real power of any economy lies with the consumers. Just ask Bud Light.

When a private entity spends a dollar, it’s done in the expectation it will stimulate growth. When government spends a dollar, it’s done in the expectation it will stimulate growth…of the government itself. In other words, a private dollar spends differently than a government dollar because of the purpose of the expenditure. Keynes didn’t see the distinction, which has caused many a Leftist to follow suit.

Unfortunately for us, Puddin’ Head Joe seems to be a Keynes groupie, considering much of Bidenomics is right out of the Keynesian playbook. Then again, he was caught plagiarizing, so it may not be that surprising after all.

What is surprising, however, is how the Left is trying to portray Bidenomics as a raging success. They tout lower unemployment and decreased inflation as proof, and it’s hard to argue with the numbers.

That’s why I’m going to do it.

The same Puddin’ Head Joe administration that is taking credit for slashing inflation saw it hitting a 40 year high of 9.1% waaaaaaaaaay back in July…of 2022. As far as unemployment, Leftists tell us it’s at a historic low. But no one on the Left is digging into why it’s so low, mainly because it may be more due to job recovery than job creation. Nor are they willing to admit Donald Trump did it before Puddin’ Head Joe took the oath of office.

This leads to several questions, none of which the Left is prepared to answer. Let’s start off with the obvious: how in the Wide World of Fuck did Puddin’ Head Joe become President? More to the point, though, is why don’t people believe the economy is getting better. Well, aside from having to take out a third mortgage and work 14 jobs a week just to buy a day’s worth of groceries, I don’t see where they are getting the idea the economy is a dumpster fire the size of two sumo wrestlers or one Lizzo.

Seriously, though, I do see why. For all of the economic successes we’re allegedly having, it’s not translating to success at home. And, no, it’s not because Bidenomics has been rolled out worse than the Obamacare website. It’s because, like the Obamacare website, it’s being run by people with no business running it.

Look at who Puddin’ Head Joe put in charge of his economic policy. I don’t know them personally, but judging by their backgrounds and the results going on in real time, I wouldn’t trust them to run a 5k, let alone an economy. Why not go all in and appoint Paul “The Internet’s Impact On the Economy Will Be No Greater Than the Fax Machine’s” Krugman to run the economy. At least we know he will be wrong from the jump instead of having to wait for more proof. And if we do the exact opposite of what Krugman says, we’re guaranteed to be successful.

If you take a look at the people behind Bidenomics, though, you should notice not a lot of them have actual work experience outside of government and think tanks. They don’t seem to know what Joe Six Pack and his family deal with on a regular basis, which taints their thought processes. Well, that, and being part of the Leftist Hivemind. That disconnect between the policy makers and the policy victims drives a lot of the feelings that the Left doesn’t understand what’s going on outside of the Beltway Bubble.

So, instead of trying to close that information gap, the Left simply tells us to shut up and look at the numbers. Oh, and vote for Puddin’ Head Joe in 2024 to keep the good times rollin’! Of course, that’s assuming you can afford to pay for gas to get you to the polling place in 2024 without having to betroth your daughters to a Washington bureaucrat in exchange for dowries.

Or your sons because DC swings all ways, baby!

I do have to agree with Puddin’ Head Joe on one aspect of his economic philosophy. He once said, “Don’t tell me what you value, show me your budget, and I’ll tell you what you value.” And he’s exactly right. Based on recent spending requests, Puddin’ Head Joe’s values apparently involve Ukraine, but not so much America. So, sleep well knowing our President is working hard…for another country.

On the bright side, Puddin’ Head Joe proves Keynesian economics is bullshit, so yay, I guess?

Bidenomics is a Jar Jar Binks level stupid idea based on ideas that have been tried by previous economic illiterates and failed every time. It’s cold comfort when your monthly expenditures look like a telephone number, but like a kidney stone, this too shall pass. And it will be just as fucking painful until it does.









Leftist Lexicon Word of the Week

To start off this week’s edition of the Lexicon, I have some good news and some bad news. The good news is we may finally get to see another round of COVID-19 relief in the near future. The bad news? It looks like it will be somewhere in the neighborhood of $600 per person, or in other words, the cost of a large popcorn and drink at your local movie theater, give or take a few thousand dollars.

Granted, if President Donald Trump gets his way, that amount may get boosted to up to $2000, so you might be able to afford to get some nachos with that popcorn. Still, there are questions, primarily from the Left, about whether the proposed stimulus package will be enough to help people. It’s a valid point, but it’s just one of the questions we need to explore before we cash the stimulus checks.

stimulus

What the Left thinks it means – monetary support necessary due to the economic hardships brought on by COVID-19

What it really means – the government returning a portion of the money it takes from us and expecting us to be grateful for it

If you really think about it (and I have because I don’t have anything better to do during quarantine), we’ve been played for suckers this past year because of the political weaponization of COVID-19. This isn’t to say COVID-19 is a hoax or a political scheme, mind you. What I’m saying is people more powerful than us have taken a medical issue and turned it into a way to manipulate the public into acting and acting in a certain way as a means to condition our responses under the guise of “believing the science” and “we’re all in this together.”

The endgame is pretty simple, really. If those who have the most to benefit from turning COVID-19 into a political football can get us to react predictably, they can use that to push a wider agenda using the same thinking that got us to this point. To do that, the powerful (namely Leftists) need a carrot to dangle in front of our faces to keep us Torgo-walking towards being happy little drones for the State.

Enter the stimulus package.

For all of their faults, the Left have an impressive understanding of the human psyche and an even better understanding of how to use us against us. Most people today have the economic understanding of a tuna fish sandwich, so it’s easy for the Left to play to that and our innate sense of greed and jealousy to make us chase the quick buck instead of taking a moment to ponder why there are so many good intentions paving this road to Hell. As we’ve seen since declaring war against poverty, it works.

Of course, that quick buck moves at the glacial progression (this is the government we’re dealing with here, after all), so we never quite reach the finish line. Every time we get close, there always seems to be a reason we have to keep going. Thus, we become George Jetson on that mechanized treadmill used to walk Astro. No matter how much we progress, there will always be a way to not only downplay what we’ve done, but also to set another goal even further away than where we’ve come. And as long as we keep following, the Left will keep that carrot in front of our faces.

There’s another side of this, however, that isn’t talked about much (due to either the Left trying to keep it hidden or, you know, the tuna fish sandwich thing), but is just as important to understand. The bulk of Leftist economic theory comes from John Maynard Keynes, who postulated the way to stimulate the economy is to have government pump money and resources into it and to lower taxes. Seems the Left forgets that last part and only focuses on the government spending side of the equation, but that’s neither here nor there in relation to this blog post. What’s important to keep in mind is who the Left thinks can solve economic problems. Spoiler Alert: it ain’t us, kids. In a crossover event no one but the Left asked for, social and economic policies are joined together in a Man With Two Heads monstrosity that has the potential to turn us all into unwitting wards of the State.

However, a government that has the power to give you the world has the power to take it away from you. And if we follow this line of thinking, we eventually come to the question of where our government is coming up with the money to give to people. It’s not coming from the Left nor the rich who are “paying their fair share.” It’s coming from us. Whether it’s $600, $2000, or one meeeelion dollars, we’re funding it with money the government says we have based on…well, I’m still trying to figure that part out given our national debt is higher than Charlie Sheen partying with Keith Richards in Amsterdam. And I’m not willing to take the government at its word that it has the cash. Call me a cynic, but any government who spends $600 for a hammer without getting a second opinion from Ace Hardware isn’t on my short list for entities to contact for financial advice.

The question then becomes what happens if the money we’re getting from ourselves with the government acting as a middle man isn’t enough. The short term answer from the Left is “people need more money.” And if that money gets allocated, we will be continue to spend money the government doesn’t have, which means we go further into debt, which means the government will tax more to make up that shortfall, which means things will get more expensive, which means the economy doesn’t get any better, which means people will need more help, which means the Left will say “people need more money,” and the cycle begins again.

I got winded just writing that last sentence! I’m gonna need a minute.

Hopefully in that minute you see the insanity of the Left’s stimulus process. As much as I would like to say the people can figure out the correct next steps to get our economy back on track, I really can’t. Economic literacy isn’t something that can be taught with emojis or hashtags or even TikTok videos. However, it is essential to understanding the next steps. One thing I can say is don’t depend on the government to provide for you and yours. To paraphrase the Margaret Thatcher, the problem with a Leftist stimulus package is eventually you run out of your own money. Only you know what you need for yourself and your loved ones. Expecting a politician to know that on your behalf is like trusting your retirement to an embezzler.

Come to think of it, is there a difference between the two?

In either case, all I can ask for you to be smart with the stimulus money. It is your money, after all.