Friday, February 05, 2016

Economics and Human Nature

It's frustrating that the Right can't explain the basics to voters. Most Americans seem to be utterly ignorant of the most basic things.

Economics, for example.

It's not hard to understand AT ALL...if you just do it right.

The LAWS of Economics are nothing more than Human Nature.

If a person gets slapped every time he does something, he'll stop doing it,

If a person gets rewarded every time he does something, he'll keep doing it.

 Human Nature 101.

If you tax (slap) businesses, you get fewer businesses. If you regulate (slap) businesses you get fewer businesses. (less money in the economy, less prosperity for everyone)

If you give businesses tax breaks (reward), you get more businesses, if you limit regulation to sensible protections (reward) you get more businesses. (more money in the economy, more prosperity for everyone)

Economics 101.

People open businesses to make money.  If government creates a climate in which business can't make money, they will close, or move out of a State or the Country, and enrich some other State or Country, and the citizens thereof.

And that is BAD for everyone at home.

They will take all the jobs, taxes, health care, insurance policies and pensions, goods & services that they provided with them. People will be out of work, govt will get fewer taxes, workers will lose health care & insurance and pensions, and society will lose the goods and services that business provided.

Industries who supplied the business with raw materials, personnel, cleaning services, accounting and legal services, buildings and factories rentals, or construction companies that would have built new offices or plants...all lose money when that business closes.

And that in turn affects the vendors and suppliers of all those businesses, whose income has been reduced and therefore their outlay must be as well.

Businesses are PEOPLE. Economics is PEOPLE. It really is that simple.

/gun



2 comments:

  1. Milton Friedman's series is available on line. I refer people to it frequently before I engage them in any discussion because before they watch Friedman, discussion is pointless with ignorant people.

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  2. But I think we need to come up with a quick and dirty way to make people see the light...like at a cocktail party, or at the park, or over dinner.

    We can't get "the enemy" to read Friedman. But we can have random chats with them.

    It's up to us...the SMART ones, to figure out a way to make it quick & simple.

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