Defying Both Economic Reality and Common Sense

The king of free shit for everyone, Bernie has recently made the promise that he would guarantee a job for every American with at least a $15-per-hour wage and full health benefits.

When asked how this would be implemented or funded, a representative said that they have not done a costing as of yet or figured out how they would fund this plan. I don't really know if I need to write anything more than that to show why this is the dumbest idea ever. Think of it like me saying everyone on Steemit is going to be a $20 dollar upvote every time they post and a Ferrari, it's just completely ridiculous. I mean how would I be able to promise something unachievable, just because I say something doesn't make it true, I might as well just be promising everyone a magical unicorn that can poo gold.

What I find even more tragic, is not so much that the millions of masses believe such a complete and utter lie, but it is that there are educated people who know this is a lie say nothing. They say nothing because it has nothing to do with truth and the reality of what can and can not be, it is about power. People would rather hear a beautiful lie than an uncomfortable truths. These politicians sell these lies to get votes, votes give them power, and they will say anything to get power, regardless of how impossible the lie really is.

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"I don't know of a single economist who disagrees that when you raise the minimum wage, you kill jobs for the poor." - Newt Gingrich

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I think the video above illustrates just how impossible such a promise is to achieve, as well as gives us a better understanding of why it so utterly insane. The government can not provide anyone with work, and it is ridiculous to think that they can just pay for everything. Where do you think the money comes from, and at what point are they spending more than they are getting in? When your expenses become bigger than your income, you need to make some changes and spend less money, or you need to find a way of increasing your income, this is basic economics. Governments are no different, the problem is that the government of the USA is not spending any less money, they just keep adding expenses. They have a national debt of $22 Trillion and unfunded liabilities of $180 Trillion, which keeps growing at a unfathomable rate on a daily basis. What people don't seem to understand it that that debt is being passed on to the children and those kids who aren't even born yet. Somewhere this need to end, and it's not just America, it almost every country doing the exact same. Human desire is infinite, but resources are finite.

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"Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost." - Robert Kiyosaki

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Thanks for popping in, hope you liked the post. Please leave me your thoughts and or opinions in the comments below, have a beautiful day.

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