Rather than accepting the slew of slanted gibberish spewed daily by the administration about how well the nation’s doing economically, I looked the subject up.
Jim Puzzanghera of the Los Angles Times writes that, “A lack of economic stability highlighted by a soaring national debt, combined with a lack of trust in government by the business community, helped drop the U.S. two notches to seventh in a ranking of national global competitiveness.”
Mr. Puzzanghera notes that, “For the fourth straight year, Switzerland topped the list, which was released Wednesday by the World Economic Forum. Also beating the U.S. in the 2012-13 rankings of 144 national economies were Singapore, Finland, Sweden, the Netherlands and Germany.”
While the numbers keep declining, however, I thought sadder still was the cause, whereas it can be so easily corrected, yet the administration refuses to let that happen.
According to the report “the biggest weakness was the U.S. macroeconomic environment -- a combination of the nation's budget deficit, savings rate, inflation, government debt and credit rating. The U.S. ranked 111th in that category in the aftermath of the growing national debt and the decision by Standard & Poor's last year to cut the U.S. credit rating.”
Furthermore, and even worse, “The business community's distrust of government also lowered the U.S. rankings. For example, the U.S. ranked 54th in public trust of politicians, and 76th in both wastefulness of government spending and burden of government regulations.”
So, here we have further hard evidence of willful government action to purposefully stifle economic growth while refusing to curb strangling debt. And in that way, those wishing for free enterprise and formerly traditional economic growth, are being hampered and held back by parasitic ideology and its stagnating effects.
In that regard, some further calculations additionally demonstrate the imbalance socialistic practices impose, financially and otherwise, on those who bear the costs.
Robert Pear of the New York Times wrote on September 17th, that according to the Census Bureau: “In 2012, the percent of people uninsured was 15.4 percent, equaling 48 million, not statistically different from the estimate of 48.6 million in 2011.”
Consequently, boiling the entire health care debate down to simple arithmetic, without all the political rhetoric piled on and endless biased speeches, I calculated that in our population of 313.9 million people, 265,900,000 are somehow or other already insured.
What that says to me is, that if 85% of the population has to suffer the consequences of the ruination of the finest health care system in the world to create parity with the 15 % needing help, there’s something extremely wrong with that. In fact, the entire premise is upside down.
However, if you now tie together both of todays observations it quickly becomes very clear that any way you want to measure it at all, when government attempts to disrupt free enterprise, adds overbearing laws and inserts itself in issues where it clearly doesn't belong, the results are disastrous to all by any measure you choose.
That’s it for today folks.
Adios
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