I've mentioned several times before that although attending some of the finest schools in Manhattan, I wasn't the best of students by far. Consequently, much of what was taught me, I either forgot, slept through, or otherwise ignored. And that's why I could be totally wrong regarding today's subject, but nonetheless, I'm not really sure I am.
It seems that the president addressed another crowd today, this time at the University of Maryland, where he blathered on as he usually does to whoever managed to stay awake among the audience likely paid to attend by his party. But, in a quick highlight recap of his droning that flashed by on the tube, one comment caught my eye.
Apparently the president said that by cutting the budget but not raising taxes on the rich and on successful businesses, many citizens would suffer from the loss of funds. And that's when I realized I may have missed, or completely misunderstood, the basic fundamentals of the economy of the United States when the subject was taught to me. Because I always thought that a key to the nation's huge financial success was due to the fact that individuals looked out for themselves, competed freely and government stayed out of their way. And as far as supporting the weak, tired and hungry went, that was what charities were for.
But, now I find out after all these years that according to our president, that's not how it works at all. It seems that it's the government's job to strip the successful of however much possible, wherever they can, and then redistribute what they've ripped off after they take their share off the top.
Now, having seen what the president had to say I realize why some of my grades in economics, political science and government studies were so poor. Because, I truly misunderstood what was taught to me. I always thought that the tenets of the president's beliefs were the cornerstones of socialism and communism. And I obviously didn't grasp the point at all that they actually applied to the United States.
That's it for today folks.
Adios
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