Intellectually Bankrupt | Winnebago County Republican Party

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Conservative Commentary by Kenn Olson

Intellectually Bankrupt

I live near the University so it should come as no surprise that I am surrounded by liberal elites. Of great interest is an Obama yard sign that just went up, put there by a retired professor.

Why is this particular sign so interesting? The professor taught economics and finance, not only finance, but personal finance. He is the author of the seminal text on this subject.

So, professor, let me ask you a few questions.

1. Would you teach your students that running up trillions of dollars in debt is fiscally responsible?

2. Would you advocate that economic policies that caused millions unable to find work is a sign of growth?

3. How about the fact that one out of every six Americans lives in poverty and more than 48 million are currently on welfare? Where from your economic background does this represent a vibrant and growing economy?

4. What about 46 straight months of 8% plus unemployment not including millions who have given up looking for work and are no longer considered unemployed?? Is this a sign of a vibrant and growing economy?

5. Instead of demonizing success, which is an important precept of economic theory, why not provide more incentives like less regulation and confiscatory corporate taxes in order to spur job growth?

6. Why don?t you explain why economic stimulus in the form of handing billions of dollars to unions and shady green projects does not work to add growth but only benefits a few interest groups while adding to the already enormous deficit?

7. Finally, explain in easy to understand terms why creating billions of dollars in new taxes without stemming spending is sound fiscal policy? Would you give a student a passing grade if they took out multiple charge accounts, charged each to their limits and then paid so little on the balance that any payment would just barely cover the interest? Is that a wise way to spend money?

Then why, professor, are you supporting a president that is taking this country toward bankruptcy, something you would probably never advocate as a sound personal finance strategy?

You are willing to be intellectually bankrupt in order to maintain your status as an academic elite, supporting policies you know are wrong for the sake of ideology.

The hypocrisy is stunning!

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Source: http://winnebago.wisgop.info/2012/10/12/intellectually-bankrupt/

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