those damned economists...

Here's what Barack Obama said about the new "economic stimulus package" he wants to pass as soon as he takes office:

Economists from across the political spectrum agree that if we don't act swiftly and boldly, we could see a much deeper economic downturn that could lead to double-digit unemployment and the American dream slipping further and further out of reach.

For starters, I want to know who these "economists" are. Because I don't think they're the same ones that advised president Bush to push nearly half a trillion dollars into the economy - which ultimately failed, of course. I don't think he's examining the opinions of economists "across the political spectrum" in the least bit. He hasn't read Hayek, Paul, Rothbard, de Soto, or countless other economists who would be on the opposite of Obama's preferred "political spectrum." The Austrian economists predicted this mess, and they also know how to get us out before we start pumping the sytem with fiat money and hurting ourselves in the long run.

Obama goes on to say that there's no political agenda on this, and that it needs bipartisan support to pass. There's no way that's true. The man is working to bolster the first year of his new administration.

Lastly, I want to mention how fucking outrageous it is that Obama believes that a few hundred dollars to each taxpayer and their respective dependents can "preserve the American dream." Will that keep your house from going into foreclosure? Maybe for one month. Can it really stop triple-digit unemployment growth? How risibly naive. Will it keep your small business afloat? Give me a break.

Hey Obama, even though you're the lesser of the two evils, when it comes to economics, you're a moron, and your advisors don't know economics if it sat on their face. The lessons we learned from the Great Depression apparently are going unnoticed and unappreciated. Price fixing, pumping money into the system, etc. only turned the Great Depression into a 9 year nightmare, when it could have been over much quicker had the government backed out of it and let the market ride itself out (i.e., you can trust the market, Mr. Obama). And America is still suffering under the bloated programs that were created to "stabilize" the aforementioned economic depression. Stabilization is chaos. No amount of government intervention can fix this - especially a few measly dollars of Monopoly money.

Mr. Obama, I do believe your economic policies are politically charged. You're a Keynesian through and through. And it makes perfect sense that Keynsianism is the dominant economic philosophy among America's political elite - it's the one philosophy that is a wolf in sheep's clothing because on the outside, it appears to be capitalistic, but on the inside, its underlying sub-text is the presupposition that the government can rig or fix the economy. Let me ask you and your "advisors": has a "stimulus package" ever worked for America before? Of course not. Central economic planning has a terrible historical track record.

You'll be a bigger hero if you let this one correct itself, Mr. Obama. Just go back to building bridges and delivering the mail. Stop trying to play economic alchemist with the economy. In this regard, you're worse than Bush ever was.