Nancy Pelosi says that a new value-added tax is on the table to help the United States address its fiscal liabilities.
She was on the Charlie Rose show.
We've got more sound bites of this coming up as the program unfolds before your very eyes and ears.
She says I'd put everything on the table and subject it to the scrutiny that it deserves, except, of course, that health care thing and cap and tax.
We can't put those bills on the website.
She and Harry Reid are actively fighting the 72-hour notice for those bills to be posted on the internet.
So a new tax to help what?
To help the United States address its fiscal liabilities.
This woman is a blithering idiot, folks, an absolute disaster and a dangerous, blithering idiot.
Policy is to help the United States out of his fiscal woes.
What about the people who comprise the United States, you dork?
This is an unmitigated disaster.
These leftists, these pea-brained little fascists running around, everything's about them and everything's about their precious government.
And meanwhile, people are starving.
Food stamps are up.
The administration as job losses rise.
Obama aids act to fix the safety net with unemployment expected to rise well into next year.
Even as the economy slowly recovers, when is that going to start?
The Obama administration and Democrat leaders in Congress are discussing extending several safety net programs, as well as proposing new tax incentives for businesses to renew hiring.
Well, hell's bells.
New tax incentives for business.
I thought the health care plan was going to do that starting in 2013.
The search for further remedies is part of a two-track effort in the White House and Congress.
So Obama is rushing to put a safety net under his economic stimulus casualties.
There are 2 million, 3 million people who've lost their jobs since this man put his economic recovery program into action.
And now we need a new safety net to help these people who are not being stimulated, but are being depressed.
And get this next line.
As Democrats have found, aiding those who have lost their jobs is simpler than preventing more layoffs and creating new jobs.
The most amazing line in the New York Times.
As Democrats have found.
Democrats have found?
Well, they're the saviors of everything?
As Democrats have found, aiding those who have lost their jobs is simpler than preventing more layoffs and creating new jobs.
So the safety net's going to grow.
More social programs.
Folks, this is by design.
This is exactly how Obama intended it.
More and more people on welfare.
More and more people on food stamps.
More and more people depending on government.
That's what's insidious about this.
It is what is hideous about it.
This is exactly going to plan, right according to plan.
As Democrats have found, aiding those who have lost their jobs is simpler than preventing more layoffs and creating new jobs.
I thought the stimulus bill was all about reviving the economy.
I thought the Democrats had all the answers.
I thought the stimulus bill, a porculus bill, a TARP money, all these bailouts, General Motors Chrysler, executive compensation limits on Wall Street, all this was supposed to cause us to have this giant economic rebound.
And instead, now the Democrats admit that there are casualties.
As a result of Obama's stimulus plan, we've got to have a safety net expanded underneath them because it's easier and simpler to expand benefits than to prevent layoffs and create jobs because government cannot create jobs.
The government is standing on people's neck.
That's what's going on.
We're being strangled by the Obama administration and the Democrats in Congress.
I'm still stunned, as Democrats have found, as though this is the final word now.
Aiding those who have lost their jobs is simpler than preventing more layoffs and creating new ones, and yet this administration has done nothing but talk about all the new jobs and preventing all the layoffs that they were going to save, whatever.
What about all these government jobs created and saved?
What about all that?
That's out the window.
It's going exactly according to plan, folks.
And no change in unemployment.
They're just going to continue to lose jobs well into next year now.
This is bordering on criminal.
This is bordering on anti-constitutional, what this bunch is doing.
And everybody involved with it knows exactly what they are doing.
Rahm Emanuel, a crisis is too great a thing to waste.
A crisis is an opportunity to get done what you want to get done.
And what they want to get done is grow the government so large, kill the private sector, make more and more people dependent on the government.
That's the true root and source of their power, and it's right on schedule.
Try this from Michigan in the Washington Post.
In Michigan, a yellow light for green jobs.
Let me sum the story up for you.
Green jobs are not the answer.
Green jobs in Michigan aren't the answer to the economic woes.
Well, guess what?
This is a very telling argument against all liberal policies.
They don't work.
They do the exact opposite of what is advertised.
Since taking office, well, let me give the first couple of paragraphs first to put this in context.
It's in the Washington Post.
If the future of American manufacturing lies in green industries, the Michigan governor's pursuit of jobs has a cautionary tale.
Four years ago, Jennifer Grandholm set out to remake her state, which took an exceptional walloping with the decline of the auto industry as a pioneer in creating environmentally friendly jobs.
Today, however, jobs are still disappearing much faster than she can create them, raising questions about how long it'll take Michigan and other hard-hit states to find new industries to employ their workers.
She can't create a single job.
Jennifer Grandholm can't even do hers very well.
The template of this report, oh, the government, they are saviors.
The Democrats have now learned it's easier to just expand benefits than to prevent layoffs and create new jobs.
And Jennifer Grandholm, oh, she is, the jobs are disappearing just so much faster than she can create.
She's a ditz.
Pelosi is a ditz.
Obama is a menace and a danger.
Since taking office in 2003, Grandholm has created 163,300 positions.
That's just an out-and-out lie.
Government does not create jobs unless they hire people to work in government, and that's not what these jobs are.
And anyway, the 163,000 positions that she claims she's created is a number provided by her office.
She also expects that a recent infusion of more than $1 billion from the Obama administration aimed at nurturing car, battery, and electric vehicle projects will generate 40,000 more positions by 2020.
Big whoop.
It's 2009.
2020, 40, we ought to be creating 40,000 jobs a freaking day in this country.
Given that there's 9.8% unemployment, 40,000 new jobs a day ought to be being created right now, and it could be done with the Limbaugh Stimulus Plan.
40,000 jobs by 2020 in the green sector.
Batteries and garbage for electric cars.
In the past decade, however, as the auto industry has grown smaller, Michigan has lost 870,000 jobs, about 632,000 of them during Grand Holmes tenure.
Notice, Michigan's lost the jobs.
She hasn't.
She has created 163,000 jobs, but Michigan has lost 632,000 during her tenure.
And that number, by the way, is expected to reach 1 million by late next year, the end of her term.
So, in 15 months, we're going to lose another 370,000 jobs.
But Jennifer Grandholm assures us that she is going to create 40,000 new jobs in another 11 years.
In 12, 14 months, we're going to lose 370,000.
But fear not, folks, 40,000 brand new jobs in the green sector are going to be created by 2020.
In her effort to attract employers, the governor's taken up the latest arms in the economic arsenal, tax credits, loans, Super Bowl tickets, and a willingness to travel as far as Japan for a weekend to try to persuade an auto parts company to bring more jobs to Michigan.
She has won solar and wind energy, electric car batteries, and movie production jobs.
About 10,800 of the new jobs came from overseas companies, according to her orifice, the fruits of visits to seven countries.
We have great bones as a state, she says.
We know how to build stuff.
We will build on that strength and diversify this economy.
We're going to lead the nation to creating jobs in renewable energy.
We're not going to be viewed as Luddites.
40,000 jobs in this stupid green sector in 11 years.
And that's going to be the leader.
Meaning, no other state will come anywhere near 40,000 jobs in 11 years in this stupid, worthless hoax of a filled green sector.
It's all a freaking hoax.
Green jobs, windmills, electric cars, solar, it's all a bag of manure.
40,000 jobs in 11 years is going to lead the nation?
Good God.
Are we ever screwed?
And this is after getting a billion dollars from that dunce Obama to help ignite the...
And I'm only on the first page of the story.
And I got to take a break.
And I need to take a break to calm down to get through the rest of this garbage.
All right.
I've calmed down a little bit here, but I expect to get reworked up again as I go through the rest of this lame story.
Washington Post in Michigan, a yellow light for green jobs.
Supporters and detractors call the 5'7-inch blonde Jenny the cheerleader.
Talking about Jennifer Grandholm here because she relentlessly exudes optimism, it says.
She prefers to be called a zealot.
Those qualities were severely tested three years ago when the appliance maker Electrolux closed.
You know this green, 40,000 new green jobs.
I'll be 20.
11 years.
They're bragging about it.
40,000 new green jobs, which means, of course, that people who used to hold real, good-paying jobs are not going to be cutting lawns because that's going to be the extent of green jobs.
Mark my words.
GE can invest in all the windmills with the Russians they want and all the stupid solar panels everywhere they want.
And the vast majority of green jobs in this country are going to be in landscaping, lawn mowing, and trimming the sidewalks and killing the weeds, which are also green.
Anyway, Electrolux closed its century-old refrigerator plant in Greenville.
Electrolux?
I thought they made vacuum cleaners.
I didn't even know they made refrigerators.
You ever heard of an Electrolux refrigerator?
It doesn't matter.
Electrolux, no wonder they closed.
Greenville, 160 miles north of Detroit, they moved to Mexico, taking 3,000 jobs from Greenville, which is a town of 8,000 people.
As Gran Holmes told the story in her orifice overlooking the state capitol, tears welled up in her eyes.
Well, that's going to really help the chickification of job loss.
What do we do?
We cry about it.
That's okay.
We got 40,000 brand new green jobs coming in 11 years.
In the next 14 months, Michigan is going to lose 370,000 more jobs.
But don't worry, Michiganders.
40,000 green jobs by 2020.
The question is: will there be 40,000 people left in Michigan in 2020?
Grand Holmes visited with workers at an orchard near the plant within days of the last refrigerators coming off the assembly line.
The employees ate a last supper of boxed lunches while a band played.
Her staff had scheduled 45 minutes.
She stayed three hours listening to worker stories and then crying.
And that really helped.
I went to say, I'm sorry, Gran Holm said.
We couldn't save it.
I can't even say it now.
I stayed until the last guy left.
48-year-old man with tattoos and a ponytail, who was probably in a presidential debate back in 1992, who had worked at the plant since Haskrule described how his grandfather and father had worked there too.
He told me, I don't know anything else.
Who's going to hire me?
The governor recalled.
Gran Holm remembered coming home and telling her husband, I just don't know what to do for people.
I don't know what to do for people.
What more can you do?
The plant closes and you go spend three hours with them having a boxed lunch.
You should feel great about it.
You showed compassion, which is about all Democrats are good at anymore these days.
And even that's phony fake and trumped up.
Went home to rehustle.
What could I do to help people?
I'll give you some ideas.
Quit.
Resign.
Cut taxes across the board.
Buy up a bunch of tickets to the Detroit land people can at least watch the games on television on Sunday again.
At least keep them distracted for three hours.
Team's looking not that bad this year.
A lot of things I would do if I were governor.
Okay, $37 million tax.
Now, remember the point of this story is how green jobs are going to...
Actually, the point of the story is how green jobs are not going to bring the state back.
That's where all this is headed.
Although Gran Holmes' critics admire her determination and concede that creating jobs and transforming the economy are long-term goals, they say she's not done enough to streamline state government and regulations and that she's too enamored of alternative energy jobs, which they say represent a relatively small number of positions, damn straight, 40,000 new jobs in 11 years.
State Senate Majority Leader Michael Bishop, a Republican, says that Grand Holmes has been remiss in not reshaping Michigan's business tax.
This is not a time for wimps, Grand Holmes says to her two dozen cabinet members one recent morning.
The message is to continue to play offense.
Go get jobs.
Jenny, the jobs are leaving because of taxes.
The jobs are leaving because nobody has any money to buy any products or services.
The jobs are leaving because the cost of doing business in Michigan is such that it can be found much cheaper elsewhere.
Too many government regulations.
Too many schools that are subpar.
You can't have green jobs or any job just because you want them.
You can't run around and talk about this, all these alternative energy jobs and a brand new green job.
They don't exist and they won't exist until the market creates them.
Government's not going to create them.
Jeff Immelt at NBC may think government's going to create them, but they're not.
Government cannot create jobs.
The market does that, and the market's being attacked.
The market is being suppressed by this administration.
All right.
Fort Bragg, let's go to the phones.
Fort Bragg, North Carolina, this is Robert.
Great to have you with us, sir.
And hello.
Rush, it has been listening to you for 20 years, Toes, and I've tried to get through so many times.
It's wonderful to actually be able to speak with you.
Thank you, sir, very much.
If I may, may I thank the person, whoever it is that is paying for my subscription to your website.
Just got back from Afghanistan, and I cannot tell you how important it was for me to be able to get a daily dose of sanity by downloading the podcast there.
That was the Adopt a Soldier program at rushlimbaugh.com.
That's great.
I'm glad that you were able to be part of the program.
It was a lifesaver.
I cannot just say that enough.
What I called about was that having just gotten back from Afghanistan and having served a couple of tours, I know from personal experience that the moment that you do not feel that as an officer and a commander, if I don't feel that I have the support and backing of those above me, I start thinking real hard about that I may not be doing the right mission or that it may be time for me to get away from the market.
Well, now what you think about, you might be doing a smart thing is what you start thinking about.
Gosh, if I made the right decision coming up.
Now, you're not talking about McChrystal, are you talking about Obama?
I'm talking about General McClistol and his dealings with the administration in general.
It really, it feels to me as though they refuse to support him.
And if they refuse to support him, at what point does he no longer support me?
It all rolls downhill.
Well, you know, I totally understand.
We've had parents of guys like you here in Afghanistan worried to death about this.
Understand you are, or your buddies are in Afghanistan to help Obama get his health care passed.
All right, we got three soundbites here.
Obama at the counterterrorism center, where he was hunting down Jack Bauer, who tried to arrest him.
Ladies and gentlemen, and we're going to get back to your phone calls here, El Quico, but you got to hear these, especially the third soundbite.
He goes over there to the National Counterterrorism Center speaking to their employees.
Listen to the first bite.
I just received an extraordinary briefing from some of your colleagues.
I have to tell you, I was surprised to see how young everybody is around here.
It is a sign of my age that everybody is starting to look young.
But the capacity and the dedication that's on display was remarkable.
And look, all of you have some of the most important work that is done in this country.
You're doing them.
These big screens, I understand, are not just to watch Sports Center.
Yeah, you heard it.
The big screens are not just to watch Sports Center.
You have some of the most important work done in the country, and you're doing it.
It speaks for itself.
Here's the next one.
We also know that success against Al-Qaeda must go beyond destroying their network.
It must be about the future that we want to build as well.
And that's why we're putting forward a positive vision of American leadership around the world.
One where we lead by example and engage nations and peoples on the basis of mutual interest and mutual respect.
Good Lord, he's talking about mutual respect to the counterterrorism people whose job it is to identify the bad guys and not respect them, but to track them and help us track them down and kill them.
Mutual respect?
What we are projecting?
A positive vision of American leadership?
Yeah, we just got our clocks cleaned at the Olympics.
We just got our clocks.
You and your wife just had profoundly dissed and embarrassed by a thug organization known as the International Olympic Committee.
What is this positive vision of American leadership?
Running around apologizing for America everywhere you go and saying finally America is worthy of respect now?
I have to find something.
I have to find something here real quick.
I have to find it because it dovetailed real nice with this.
It's a guy writing in the American Thinker.
He used to be an academic, a college professor.
He finally had to split the scene because the values inside universities were so opposite, the way he lived and so forth.
I'm looking for it even as we speak.
I will find it in due course.
In the meantime, I want you to listen to the third soundbite.
Here I just found it.
Listen to the third soundbite.
And I want you to listen, particularly in this soundbite, as our president lists the countries we are fighting al-Qaeda.
We know that al-Qaeda and extremist allies threaten us from different corners of the globe, from Pakistan, but also from East Africa and Southeast Asia, from Europe and the Gulf.
And that's why we're applying focused and relentless pressure on Al-Qaeda by sharing more intelligence, strengthening the capacity of our partners, disrupting terrorist financing, cutting off supply chains, and inflicting major losses on Al-Qaeda's leadership.
You note a country he failed to mention there where we're fighting Al-Qaeda.
Did anybody hear him say Afghanistan?
He didn't say Afghanistan.
He did not cite Afghanistan.
Pakistan, East Africa, Southeast Asia, Europe and the Gulf didn't hear Iraq either.
No Afghanistan and no Iraq.
We're not fighting Al-Qaeda there, apparently.
And the big screens at the Counterterrorism Center are not for watching Sports Center.
Swimming Upstream, The Life of a Conservative Professor in Academia by Ron Lipsman.
I've been a faculty member at a major state university for 40 years.
Several years after my arrival, I voted for McGovern.
Eight years later, I voted for Reagan.
In those eight years, my family and I experienced several traumas that caused me to reevaluate and ultimately drastically alter the political, cultural, and economic axioms that had governed my life.
Within months of buying my first home in an excellent neighborhood, within walking distance to the university, and most importantly, located in a district with an outstanding local public elementary school, my five-year-old son was forcibly bused to an inferior school many miles away in a horrible neighborhood in order to satisfy the utopian vision of a myopic federal judge.
This betrayal of my fundamental rights was undoubtedly the greatest shock to my political psyche.
Another was a sabbatical year spent living and working in Jerusalem, under which the UN issued time the infamous Zionism is racism resolution.
I was able to observe firsthand that the standard propaganda about Israel and Zionism that was promulgated in America and elsewhere almost exclusively by those on the left that I had formerly supported was nothing more than bald-faced, hateful lies.
This and other events in the 70s caused me to rethink everything I had taken for granted since adolescence about how the world worked.
The overwhelmingly liberal atmosphere on campus is well known.
In the one place in society at which there should be diversity of thought, exploration of conflicting ideas, and a propensity to challenge conventional wisdom, we have instead a mind-numbing conformity of opinion and a complete unwillingness to entertain any thought or idea that deviates from the accepted truth.
And that conformity encompasses the following.
And I want you to listen to these because this man describes Barack Obama.
The legitimacy of virtually any program that promotes the interests of minority and female faculty, staff, and students, even if the program is blatantly racist or sexist, justified by a belief that America's past unjust treatment of blacks, American Indians, and Japanese Americans, and its unfair treatment of women render such discrimination necessary and lawful.
The conformity encompasses a multicultural mentality which preaches that America's Eurocentric white Christian heritage is responsible for colonialism, imperialism, racism, and sexism, and that its replacement by a culture that celebrates diversity will transform the U.S. into a more just and humane society.
That university conformity encompasses a distrust of free markets and Democrat capitalism and its severe limitations in favor of a centralized government-controlled economy that will redistribute the wealth of America more fairly.
And that conformity on campus encompasses a denigration of religious belief and its replacement by the worship of secular humanism with mindless environmentalism occupying a central place in the new religion.
This is posted at American Thinker Today, Swimming Upstream, The Life of a Conservative Professor in Academia.
Ron Lipsman is the author.
He has just described Barack Obama.
He has just laid out for us what it was that made Barack Obama who he is, academia, and all the people he met beforehand.
So here you have, you know, I knew it.
I knew it that this guy has a chip on his shoulder about this country.
It is unjust.
It is immoral.
It has spread colonialism, imperialism, and sexism and racism, and that's why he runs around apologizing to the world for it.
He has the multicultural, anti-American worldview that our enemies have.
He thinks he can forge a bond with them by agreeing with them and acknowledging that they have been right, but it's going to be different now because we've got a guy who recognizes our faults and we're going to apologize for our faults.
And America is going to join the world of nations again as an equal.
And you can beat up on us all you want, and we're not going to care because we deserve it.
This is exactly who Obama is, and this is what we are dealing with.
It just summed up here in four short paragraphs.
You want to hear them again: university conformity encompasses the legitimacy of virtually any program that promotes the interests of minority and female faculty, staff, and students, even if the program is racist or sexist.
That racism or sexism, justified by a belief that America's past unjust treatment of blacks, American Indians, and Japanese Americans, and its unfair treatment of women, renders such racist discrimination necessary and lawful.
Hello, Sonia Sotomayor.
I would think that a wise Latina woman would have a much better job of adjudicating a case than your average white man.
And she's a product of this garbage as well.
Conformity on the campus includes a multicultural mentality which preaches that America's Eurocentric white Christian heritage is responsible for colonialism, imperialism, racism, and sexism.
And that its replacement by a culture that celebrates diversity will transform the country into a more just and humane society.
And I remember the Reverend Jackson shouting, Ho, ho, ho, Western Civ must go.
Ho, ho, ho, Western Civ must go, talking about the curriculum at the California State University system.
Conformity on campus encompasses a distrust of free markets and capitalism in favor of a centralized government-controlled economy that will redistribute the wealth of America more fairly.
Hello, Barack Obama.
This is this is what we elected.
And finally, academic conformity encompasses a denigration of religious belief.
It's replaced by the worship of secular humanism with mindless environmentalism occupying a central place in the new religion.
That is why I mean it when I say everything happening here, Afghanistan, Obama's apologizing around the world, stupid, counterproductive, destructive economic policies, is by design.
This is what he believes.
And we're back.
El Rushball and the Excellence in Broadcasting Network, as usual, half my brain tied behind my back, just to make it fair, as I meet and surpass all audience expectations.
Daily Yonkers, Mrs. Matthew, and you're next on the program.
Great to have you here.
Oh, thank you for taking my call.
I just wanted to make a quick point about the SNL skid thing and the media going after them.
I actually think it was more of a warning from these people saying, you know, we can make you, we break you.
We broke the Republican Party with Sarah Palin and the Tina Fay thing.
And they were actually really soft on him.
And it was just a quick warning saying, because nothing was ever brought up about the economy, about the unemployment rate not going past 8%.
I mean, nothing was even said about the talks with the nukes and trying to get a lot of people.
This is a salient point you are making.
I must congratulate you.
You're very shrewd.
You're pointing out something I did notice and fail to mention.
And that is the things that they're criticizing about are things the far-left fringe wants done.
Exactly.
Exactly.
They're not criticizing him over dumping on the economy, over failing to produce jobs, over failing to create circumstances where the private sector can recover.
So whether it could be that you're right, it's a warning.
I don't know, but they still made fun of him.
And I still can't get over the fact, Matthew, that Saturday Night Live skit, a comedy bit, got fact-checked by CNN.
Yes, I know.
Ridiculous.
Absolutely ridiculous.
Well, it's comical.
I'm going to repeat something I said in the first hour.
People say, Rush Minga, what's a big deal?
Saturday Night Live making fun of Obama.
I'll tell you what's a big deal about it.
I'll go back and I'll compare Saturday Night Live to Johnny Carson.
And I'm going to throw myself in the mix here, too.
Johnny Carson was a comedian.
Johnny Carson was not a polarizing figure.
And there's a very good reason why.
Johnny Carson was the best at television broadcasting.
When Johnny Carson dumped on you, i.e. made fun of you, you were a joke.
When Johnny Carson dumped on you, you didn't say, oh, wow, all publicity is good publicity.
I hope he pronounced my name right.
You didn't say that.
That's a standard cliché reaction to bad publicity.
Johnny Carson hit you, it meant something.
And the reason it meant something is that Johnny Carson was never ahead of the people.
Johnny Carson waited until a whole country, or a majority of the country, he had a sense for knowing when the country thought someone was a joke.
And it was then that he piled on.
So Carson validated what a lot of people already thought, and that sealed the deal.
That was oftentimes the nail in the coffin.
Saturday Night Live is not Johnny Carson, but it's close.
Saturday Night Live waited and waited and waited, and they finally made fun of Obama.
They are the first mainstream outfit to make fun of Obama.
Now, Jon Stewart, he's done so, but he doesn't have...
This is bigger.
I just put it to you that way.
They never fact-checked Jon Stewart at CNN when he makes fun of Obama.
And Chris Matthews and the boys never get upset at PMSNBC.
But when Saturday Night Live did it, they did.
Now, where do I fit into this?
Well, I fit into it this way.
I am ahead of the people, which is why a certain percentage of the country despises me.
Unlike Johnny Carson, I don't wait till everybody figures it out because I consider myself a factor in more and more people figuring it out.
I've been making fun of Obama for a year and a half.
And of course, I'm hated and despised by a few people for it.
Now, all of a sudden, I'm joined.
I'm always ahead of the game.
Everybody's always playing catch-up.
But as such, it's kind of interesting for me to sit around and watch everybody catch up.
And now it's starting to happen with this Obama stuff.
Everybody's starting to get it.
The only troubling thing is there's nobody that can do anything about it.
Republicans don't have the vote to stop any of this.
So 2010 looms as the most important election we've had in quite a while.
And public opinion does matter.
I'm not saying we're powerless here, but in terms of having legislative votes to stop it, do this.
We don't.
A quick call, Stephen, in Houston.
I'm glad you waited.
Welcome to the program, sir.
Hi.
Rush, it's truly a pleasure to talk to you.
I'm a little, I'm very excited, and I'm glad I got through.
But I just wanted to say, you know, I think you're giving the Democrats too much credit.
And I know this because I used to be a man of the left, but I had a road to Damascus conversion, and the truth really does set you free.
And believe it or not, this happened to me at a small liberal arts college in Memphis, Tennessee, called Rhodes College.
And I learned about the unconstrained vision and the constrained vision.
And the Democrats have the unconstrained vision.
Everything is possible with them.
They don't accept trade-offs.
And what tells me that they're just bumbling idiots is that, you know, they take this equation that John Maynard Keynes wrote, which is basically the GDP equals consumption minus investments plus government spending plus or minus net exports.
And they say, oh, well, if we want GDP to go up, we'll just spend more money.
And they forget that Keynes was the head economic advisor to England during World War I. When did you have your awakening?
When did you attend this school?
How many years ago?
I just graduated this past May.
Can you hold on?
You are one of the greatest teachable moments that I will have for this audience.
But you're going to have to hold up for 10 or 15 minutes.
Do you mind?
No, I would love to.
It would be my pleasure.
Thank you much.
We'll be back.
We'll get to Stephen in Houston in the next hour.
He just graduated from a college where he got his mind right.
And he, very friendly guy, respectfully disagrees with me that the Democrats are doing what they're doing, domestic policy, by design.
He thinks they're just bumbling idiots.
This, ladies and gentlemen, a profound teachable moment.