Posted on | December 5, 2013 | 73 Comments
Remember the infamous business plan from the South Park episode?
- Collect Underpants
Say hello to the president’s economic theory:
— Barack Obama (@BarackObama) December 4, 2013
It would be an insult to readers to explain why this won’t work, but I will say that in my adult lifetime, every increase in the minimum wage has been followed within a year or two by a recession. Drew M. at AOSHQ endeavors to address the flaws in Obama’s idea, but it’s depressing to think that any adult can’t figure out why raising the minimum wage inevitably causes an increase in unemployment.
And speaking of depressing things to think about, we’ve got 9 million people on disability, 15% of them for mood disorders!
Mood disorders! More than a million Americans are currently collecting a check every month because they feel sad.
It that’s not enough to make you fly into a manic rage . . .
The Declaration of Independence speaks of “the pursuit of happiness” as a natural right, but we can’t re-distribute happiness, can’t we?Nevertheless, we’ve got 1.3 million people getting disability payments for mood disorders, and Medicaid pays for their happy pills.
If that’s not enough to drive you crazy, try this:
House Minority Leader Nancy Pelosi (D-CA) on Thursday said Democrats would not support a budget deal that does not extend emergency unemployment benefits, which are set to lapse on Dec. 28 for about 1.3 million people.
Right: We must spend more money we don’t have to pay people not to work and WE ARE SEVENTEEN TRILLION DOLLARS IN DEBT!
OK, so now that you’re in a frothing bipolar rage, hurry to the nearest mental hospital and get diagnosed: Obama-Induced Mania.
There’s a lot of that going around lately . . .
Anyone else feeling on the verge of a Sam Kinison-style screaming fit? "MINIMUM WAGE INCREASES DON'T CREATE JOBS! AARRGGHH!"
— Robert Stacy McCain (@rsmccain) December 5, 2013