DISQUS

Cafe Hayek: The Administration's Sixth Sense

  • Andrew C · 7 months ago

    Although, ask any Keynesian, and they'll tell you that it doesn't matter who the money goes to, just that it's out there. The multiplier effect still applies when you're dead!

  • Ryan Fuller · 7 months ago

    "The multiplier effect still applies when you're dead!"


    If zombies movies are accurate, and I believe they are, then the dead have a higher marginal propensity to consume than anyone.

  • Gil · 7 months ago

    But doesn't the U.S. have some sort of estate tax?

  • TrUmPiT · 7 months ago

    It's actually a felony for someone to cash a dead persons check by forging their name or by some other way. Mail that check back, Russ; you have a pulse. It may even be against the law for a zombie to try to cash his own deceased self's check. I have a book on zombie law written by a real zombie to fact check that point of law. I think most law books are written by zombie lawyers anyway. In fact, I think President Obama should appoint a liberal zombie to counteract the right-wing zombies that currently sit on the Supreme Ct. They were responsible for our first zombie president ever, and the rest of us getting the shaft. You know who that gruesome ghoul was, without needing so much as a hint.

  • Crusader · 7 months ago

    TrUmPiT - ESAD. I'm sure you know what that means.

  • Babinich · 7 months ago

    Who'd have thunk it? The best and the brightest; the stewards of our tax dollars making such a mistake.


    The Tabula Rasa's boast of fighting the "culture of corruption" is laughable; they ARE the culture of corruption.

  • vidyohs · 7 months ago

    Russ,


    "Perhaps the President doesn't realize that outside of Chicago, this is not a crucial voting bloc."


    You obviously haven't heard much about Guadelupe County, Texas. The dead are a very crucial voting block, they delivered Lyndon Johnson his first Senate seat.


    Ain't no shucks in a Texan's bed, we are way out in front.

  • Mike Farmer · 7 months ago

    They'll soon be sending checks out to the unborn to secure future votes.

  • Mark Lewis · 7 months ago

    Andrew C. I think you mean that Zombies have a high propensity to consume anyone...


    I don't think the type of consumption that people do matters in the Keynesian model either, otherwise, we would have to make a distinction between spending and stimulus, which would put a serious wrench in the gears of our current administration's "mandate"...

  • Speedmaster · 7 months ago

    Maybe it's a payback to many of the same people who voted for him? ;-)

  • Martin Brock · 7 months ago

    They'll soon be sending checks out to the unborn to secure future votes.

    If the unborn could vote, even if the post-born could vote for the first 18 years, Social Security might be less of a problem. If we extend the franchise to children and entitle their parents to cast the votes, just as parents are entitled to make countless other decisions for their children, that might help.

  • John · 7 months ago

    http://www.nikkicraft.com/images/iseestupidpeople.jpg

  • vidyohs · 7 months ago

    As fun as it is to think of this as revealing of our new administration, t'ain't so, this stuff has been going on since God invented dirt, or at least since 1789.


    It's what governments do. The bigger the government, the largest the bureaucracies, the more certain waste through stupidity is going to happen.


    The truth, what Russ mentions above, is just a teeny tip of the humongus iceberg of waste. Waste in ways, quantities, and regularity that simply overwhelm you with sickness when you know of it.


    It is why I take the attitude that I do.


    Everyone of those dollars wasted, require one of us to labor to produce it.


    I can think of nothing more eloquent to say about it than that.


    There are those fools who say, "well, in order to get the dollars that do good, we have to accept that there are going to be dollars that are wasted."


    No, we don't.


    Even in the coming close to doing good, such as roads, the government still manages to squander in waste, and graft, enormous sums of money.


    I saw on Yahoo the headline "Economists see end of recession by the end of the year", as I came to the Cafe. 53 top economists say it'll be over by the end of the year.


    Would these 53 be some of the same ones that talked down the economy for the last 8 years and can now safely talk it back up now that the socialist have total control of our government? I imagine so.


    There is no need for the socialist to take us to utter poverty and degradation in standard of living, they have control in an unstoppable way now, which is the purpose of the whole exercise of destroying a people to create fear and to cry out for government salvation.


    They can be stopped, but not until people are ready to risk pain, loss, and possibly death in order to get it done.

  • Methinks · 7 months ago

    The last line cracked me up. Thanks!


    Unsurprising this, considering that they send checks to dead companies as well. Forget nation building, it's zombie building time.

  • Morgan · 7 months ago

    "They can be stopped, but not until people are ready to risk pain, loss, and possibly death in order to get it done."


    Given the country's financial situation, there might be another option. Purchased recognition of secession.

  • Bob D · 7 months ago

    Sort of gives the expression "Dumping money down a hole" (assuming Mr. Santopadres is buried) a new meaning. You could also use Keynes' method of digging holes and filling them up for the purpose of delivering the stimulus and employ people in the process. The Economists that are advising Obama are clearly brilliant in recognizing this pioneering process. They could deliver it in form of one dollar bills. Maggots and other insects would devour the greenbacks and fertilize the soil and soon after green shoots would appear. These green shoots are what everybody is looking for and would surely cause widespread jubilation and associated economic expansion by restoring confidence to the world. Socialism in action! I guess that is why I hear of so many people talking about burying their money in the backyard!

  • Mr Mann · 7 months ago

    ZING!

  • Randy · 7 months ago

    Interesting point, there Martin. Along the lines of "no taxation without representation". If we're borrowing their future wages, they should have the right to vote.

  • dg lesvic · 7 months ago

    Ryan Fuller,


    I'm afraid your delicious wit has been lost on our own deadheads here.


    You wrote:


    "If zombies movies are accurate, and I believe they are, then the dead have a higher marginal propensity to consume than anyone."


    And to vote Democratic.


    "A zombie has no will of his own. You see them sometimes walking around blindly with dead eyes, following orders, not knowing what they do, not caring."


    "You mean like Democrats?"


    Bob Hope, Ghost Breakers, 1940

  • S Andrews · 7 months ago

    Politicians can't think beyond the next election cycle. The unborn are least of their concerns.

  • True_Liberal · 7 months ago

    TrUmPiT:


    You won.


    We lost.


    Now shut up!


    8-P

  • Larry Sheldon · 7 months ago

    Will ACORN get thrown under the bus for not telling him which of the people who voted for him were known to be dead at the time?

  • Ray Gardner · 7 months ago

    I tend to distrust the state for more nefarious reasons, but this is a good example of why we shouldn't trust the government.

  • indianajim · 7 months ago

    M. Farmer wrote:"They'll soon be sending checks out to the unborn to secure future votes."


    Yes; since they are sending checks to the dead they have lots of checks to send: to the aborted.