Economics for Idiots

Economics for Idiots

Dumbplumber has been looking for a way to illustrate, to complete morons, what will happen if we don’t change our ways. ‘Economics for Idiots’ may well be that vehicle. It goes something like this:

If your outgo is bigger than your income, your future is unsustainable and you will fail.

If you are borrowing 1.4 trillion dollars every year to pay for your entitlements and costs of operation, you will fail.

If you are housing illegal aliens and giving them free healthcare, free food and free educations, you will fail.

If 30% of your prison inmates are illegal aliens, you will fail.

If you are giving your public employees 100% more in pay and benefits than their taxpaying private sector counterparts, you will fail.

If you are providing public sector pensions that exceed the salary of the President of the United States, you will fail.

If you are giving unemployable slackers benefits for not working and paying all their healthcare, you will fail.

If you pay public sector workers twice what a private sector company will accept to perform a task, you will fail.

If you ignore hundreds of billions in waste, fraud and abuse, you will fail.

If you strive to create a majority voting base dependent on your largess, you will fail.

If you think taxing the producers to pay for the takers is a good idea, you will fail.

If you insist on ignoring the Constitution of the United States, you will eventually fail.

We are so screwed...2012

Dumbplumber