Bad News: Unemployment Is Up. Worse News: Economists Unaffected
2011 Mike Church
Hi folks its Mike Church with todays Church Doctrine
There is an old saying that even a broken clock is right twice a day, well that phrase does NOT seem to apply to our mighty, central, economic planner overlords in Washington DC. We know this because they are always, shocked or surprised by the unexpected rise in first time unemployment benefit claims like they are today; as 474,000 souls trudged off to the unemployment line last week in defiance of Obama and companys best laid plans.
So, I keep wondering when the economic and social engineers in Mordor on the Potomac are going to create a better economist? With all of their magical powers it would seem to me that Congress, the Commerce Department and the White House should be able to conjure up stable, predictable, job growth every week, alas, our Wizards of Work seem to be able to do only one thing consistently: spend Other Peoples Money.
I am also kept wondering when will the beauty of simple economics as a fix dawn on the American shoeple? Here is a simple, 4 step plan to grow the economy:
- Stop printing more money and start recalling what you have printed
- Stop hiring federal workers and start firing most of those you have hired
- Stop running health care systems and start repealing health care acts (all of them)
- End all our wars, invasions and occupations and bring the army home to honorable discharges.
The only problem with my plan is it WILL create massive unemployment. for economists.
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