Economics for Democrats 101

As Joe Biden would say: “You know the thing!”

The non-essential gray lab coats at Blaska Policy Werkes are engaged in a work action. They refuse to report back to work here on the verdant campus of Blaska Work Farm and Penal Colony, citing fear of the coronavirus. Also something about “slave wages” and a “toxic work environment” (whatever that means), and “gray privilege.” They say they are making more on Nancy Pelosi’s unemployment relief than they can here.

Scientist at printer

In lieu of our customary original research, trenchant commentary, and idle speculation, we fill today’s space with content snagged off the Internet. (So it must be true!)

Sorry, no refunds. All sales are final. Void where prohibited by law. No warranties express or implied. Not valid in California. Do not read while operating heavy machinery. Stop taking if you develop a rash or unusual bleeding, droopy eyelids, cataracts, contacts, or Ex-Lax.

 

It is a slow day in the small Wisconsin town of North Haybale. The streets are deserted. Times are tough, everybody is in debt and living on credit. 

A tourist drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night. As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher. 

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer. 

The pig farmer takes the $100 and heads off to pay his bill to his supplier, the co-op. 

The guy at the co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her services on credit. 

The hooker rushes to the hotel and pays off her room bill with the hotel owner. 

The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything. 

At that moment, the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves. 

No one produced anything. No one earned anything. However, the whole town is now out of debt and now looks to the future with a lot more optimism. 

And that, dear reader, is how a government stimulus package works.

⇒ Ripped from today’s headlines: “Democrats, Republicans, no closer to a deal.”

Blaska’s Bottom Line: Sometimes no deal is better than a bad deal.

What is YOUR stimulus?

About David Blaska

Madison WI
This entry was posted in Uncategorized and tagged . Bookmark the permalink.

8 Responses to Economics for Democrats 101

  1. Cornelius Gotchberg says:

    Lefty’s END GAME? Catching wild pigs with free $#!t:

    Find a suitable place in the woods and put corn on the ground. The pigs find it and begin to come every day to eat the free food.

    When they’re used to coming every day, put a fence down one side of the place where they are used to coming. When they get used to the fence, they begin to eat the corn again, then you put up another side of the fence.

    They get used to that and start to eat again; continue until you have all four sides of the fence up with a gate in the last side. When the pigs, used to the free corn, come through the gate for the free $#!t, you slam the gate and catch them all.

    Suddenly the wild pigs have lost their freedom; they run around and around inside the fence, but they are caught. Soon they go back to eating the free corn; they are so used to the free $#!t that they’ve forgotten how to forage for themselves, and thus accept their captivity.

    If this is too simplistic, Friedrich Hayek’s The Road To Serfdom fleshes it out a tad.

    The Gotch

    Liked by 3 people

    • Bill says:

      Cornelius,

      F.A. Hayek’s book “The Road to Serfdom” is one of the best books I have ever read. It ought to be a required course for every person going into a job teaching our youth and required reading for every young person in High School.

      Like

    • Good Dog,Happy Man says:

      Gotch,

      Now that you’ve got all those proglobotic pigs penned up, what do you do with them?
      They’re permanently dependent because we’ve fed from the public trough for far too long.
      Aren’t they fat enough? Can’t we wean them from the public teat? Isn’t it time to take them to market for slaughter?

      ECON 101 isn’t rocket science:
      if you want more of something, … you subsidize it;
      if you want less of something, you tax and regulate it.

      When government subsidizes failure, poverty, welfare dependency, bad behavior and crime,
      ……. naturally, we’ll get more of it.

      Here’s the nut of it all, … socialism sucks and hasn’t worked anywhere on God’s Blue/Green Earth, OTOH, … Free Market Capitalism has lifted more people out of poverty than any other system of government. To paraphrase Bill Evjue, Let the invisible hand of free market work, give the people truthful information and the right to discuss it, … and all will be well.”

      This is most certainly true,

      GDHM

      Like

  2. Balboa says:

    Who is John Galt?

    Liked by 1 person

  3. SouthofReality says:

    So what happens if the hotel owner takes the $100 and uses it not to pay off a debt but to buy a vacuum cleaner from the local department store? Does he say to the tourist: “Wow. Your $100 magically transformed itself into a vacuum cleaner!”

    Like

  4. Liberty says:

    And this is the crux of socialism. Create a false sense of security, an environment where we can’t fend or think for ourselves, and are dependent on the government for our very survival. No thanks.

    “Soon they go back to eating the free corn; they are so used to the free $#!t that they’ve forgotten how to forage for themselves, and thus accept their captivity.”

    Like

    • Cornelius Gotchberg says:

      With Capitalism, man oppresses man; with Socialism, it’s the other way around.” Alexandria 0CRAZY0-Cortez

      The Gotch

      Liked by 1 person

  5. jimydandy says:

    It’s just called “Musical chairs”. And the Rubes are buying it.

    Like

Comments are closed.