My article in American Thinker, 10/10/12, The Biggest Lie

Excerpt:

Accusations of racism has become a method of quelling free speech, and when it no longer works,  Romney is accused of being a liar.  Unable to accept the defeat of the unprepared amateur by a competent professional, the Obama sycophants use the term ‘liar’ with the same carelessness and meaninglessness previously reserved for ‘racist’.

The biggest lie is not getting facts and promises wrong; it is the total denial of the truth.

It is a truth that a bureaucrat who makes decisions on your behalf is totally detached from both the benefit and the loss of that decision and will thus serve you poorly.

It is a truth that paying citizens with cash and benefits for extended periods of time will reduce their incentive to work and will keep unemployment high.

It is a truth that increasing the friction costs for employers to hire workers will reduce the incentives to hire and will keep unemployment high.

It is a truth that the uncertainty and volatility of taxes and fiscal policy and the mere threat of higher taxes reduces the incentive to invest and create jobs.  Capital will sit in low yielding treasuries and money market accounts, or will leave for countries friendlier to investment capital.

It is a truth that real wealth, human potential and creativity, cannot be controlled.  It can be allowed to flourish or it can be extinguished, but it cannot be otherwise micromanaged and controlled.

It is a truth that the best intentions when detached from economic reality can yield disastrous results.

Juvenile name calling may satisfy the true believers. Turning, twisting, and ignoring details to extract insults for public consumption may suffice for political strategy when there is no substance to employ.  But denying the truths and principles that have led to a prosperous economy is a far more egregious act and has caused far greater harm to the country.

Read more: http://www.americanthinker.com/blog/2012/10/the_biggest_lie.html#ixzz28vrJez3Y

 

 

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