Barack Obama did not lose the debates because of thin air. He lost because of thin thinking. Today, he tweeted the following, which is a quote from the stump speech he gives. It’s from his proposed remedies for the ballooning deficit.
President Obama: “Finally, I’ll use the savings from ending the wars in Afghanistan and Iraq to do some nation-building here at home.”
— Barack Obama (@BarackObama) October 25, 2012
The president has described that very spending on those very wars as spending “on a credit card.”
So having stated that the wars have been financed on deficit spending, how then is spending that money on something else not, also, deficit spending? He might answer, because it’s being spent here at home. But the war spending is mostly going to the troops in the field, their support troops, and US companies that manufacture weapons and materials used in the war. Either way, the money is being borrowed and then spent, and then some goes back into the economy.
And either way, it’s either being taxed out of the economy now or being borrowed against the future economy. It’s deficit spending no matter how you go.
Obama’s been caught out as an intellectual light weight who got where he is by racial mongering, being good at reading prepared speeches, and offering “hope,” read payback and entitlements, to anyone who considers themselves historically disenfranchised.
Naturally, in order for this to work, half the country has to be women-hating racists and Islamophobic homophobes who hate the poor and elderly at any given moment. The sooner this sad sack and his wife are gone the better. Hopefully the black political Left will creep back into the darkness and close the barn doors after themselves too. And they can take Soledad O’Brien, Chris Hayes, Chris Matthews and Rachel Maddow and the entirely of the Prava-lite, the HuffPo, with them.
Remember:
This is the buffoon who told David Letterman that the National Debt is “money we’re borrowing from ourselves,” so it’s no big deal or something. Along with the “You Didn’t Build That” nonsense, this is a recurrring meme among lefties, who have no concept or respect for actual wealth creation. On that same show he pretended not to know what the national debt was when Letterman guessed “$10 trillion” (the Bush-era final number). It was a transparent demonstration of Obama’s lack of character. He knows damned well that it is now $16 trillion and growing, but preferred to look ignorant rather than own up to a figure that would bowl Letterman and his audience over.
Two things-
First, yes, Obama has yet to realize you can’t spend the same money twice. You can’t also spend money that you are claiming doesn’t exist in the first place. If the money didn’t exist to fight the war, then QED the money doesn’t exist if we don’t fight the war.
Second, there is a difference in what you get for different kinds of government spending. ALL spending is not equal- note the Broken Window Fallacy. Money spent on a war is lost. Even if it is spent on materials bought at home, those materials do not contribute to the nation’s wealth.
Unless… big unless… they are reducing risk. In that case, it’s one of the two types of government spending that strongly benefits the economy: Infrastructure, and Security.
Well it turns out that Obama has 7th grade math abilities as he admitted last night, that might explain his inability to balance equations.
Math is one of the subjects you can’t bullshit your way through. There is no getting around doing the hard work to learn it. The only way to learn it is to practice, practice, practice and devlop your skills. There is only one correct answer. You can’t twist the world around, upside down and inside out to make your answer correct. Either you take the proper steps and eventually come to the correct answer or you don’t.
One can have all of the golden hearted intentions in the world, but if the numbers don’t add up they are at nothing more than intentions and at worst may even result in negative unintended consequences.
Perhaps someone could tell Obama that math is not a gift you are born with, it is a skill that is acquired. It is never too late to learn. I went back to school as a non traditional student (a bit older than a typical college student) and I loved math more than ever. The problem is if your foundation is off you have to backtrack and go from there. Perhaps somebody passed him on even though he was not ready. Passing math is not the same as learning math. The only person that gets hurt if they are passed on without the needed skills is the student. Math is so important for many careers and even for domestic tasks at times, like balancing a budget.
“…math is not a gift you are born with, it is a skill that is acquired…”
Or as my old HS math teacher used to tell his (homework-shy) class: “… The convolutions on your cranium are directly proportional to the callouses on your caboose…”.
He used a formula: Do your work, or fail. — We learned Calculus, all of us! (Nobody failed.)
O’BO apparently never did the work: Epic fail!
Go President Romney!
FAIL!? No, delusional.