Conventional wisdom has a way of looking barbaric once proven wrong.
Take, for example, the bleeding of patients a little over a century ago. Here's how it went. Someone would be sick with either the common cold or colon cancer or anything in between, and the prescription would almost always involve removing quantities of the patient's blood (in which the Bible tells us resides the very life of the person, hence the phrase "life's blood.") The "knowledge" said that "bad humors" had found their way into the blood and needed to be removed before they killed the patient.
After such a genius approach, when the patient weakened even further, the only appropriate thing to do was what? You got it: drain more blood. And what if the patient didn't revive at that point? Yup! Drain away even more. This would be done either with incisions and/or leeches, believe it or not! Sometimes, amazingly, a patient fortunate enough to receive this kind of "care" would actually recover, heaping thanks and praise upon the knowledgeable physician.
Which brings me to our government and the economy.
Unable to see beyond their barbaric "knowledge" of how an economy works, the physicians at the FED and throughout Washington know darn well what the patient needs. Blind to the debilitating affect of their "care," these all-knowing physicians of prosperity do the exact wrong thing to the patient at the exact wrong time. Bleeding it through borrowing and spending, they await the expected recovery. When the patient seems to get even worse, what do they conclude? Of course! Even more treatment is required! So they bleed it some more with more borrowing and spending! Surely the patient will revive soon!
Just how much blood has been sucked out of our economy at the hands of these government leeches (I crack myself up) and from the cuts of their stimulus package knives? Consider the budget for this year:
$3.8 TRILLION!!!!
I said $3.8 TRILLION!!! For ONE YEAR'S worth of spending!
Just a handful of years ago that was the sum-total of all accumulated US debt from its entire existence! Now we spend that kind of money in ONE YEAR!!!
But don't worry, $2.4 Trillion of that comes in from tax revenue, so they only have to borrow $1.4 Trillion of it!! (really quickly, calculate your share of that debt: just divide $1.4 Trillion by 300 million people. Oh, and, uh, that's just for 1 year. That doesn't include the national debt, and it doesn't include the interest that kind of borrowing is going to require. But, then again, I was never THAT good at math!)
This has gone beyond bleeding the patient. I mean, come on, we've got bucketfuls of blood all over the doctor's office: blood in the sink, blood on the floor, blood all over the walls. We've bled the economy so drastically with this "treatment" that it's become too gory for even the worst of Hollywood's B movie producers. It is a fact in special effects: too much blood and nobody will believe it. That MUST be where we are as a nation! It's so ridiculous people can't even believe it! It doesn't even look real! It's UNREAL! These geniuses aren't merely bleeding the patient now, they're chopping off limbs!
Even worse, at least the physicians of old were trying to cure patients of ailments they had nothing to do with causing. In the case of our economy, the very "physicians" who so arrogantly drain more and more blood out of the economy were actually responsible for causing the ailment in the first place!
Oh, if only our policymakers and quacks in Washington would just DO NOTHING!! Our patient is amazing! It has survived 20+ years at the hands of economic barbarians! Maybe, just maybe, it is made of robust enough stuff to still come back from the brink of death. But this can only happen if we can keep the "doctors" away from the patient.
So here's my idea: Let's get them out there campaigning, right now, all the time, without ceasing. I know, I know, it will be hard for us to stomach, but it will still be better than letting them anywhere near our patient!
And with that I've got to stop.
My eyes are bloodshot.
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