September 14, 2014

Keynesian Calamity

“The course we are currently on as a nation is economically unsustainable.”

By Arnold Ahlert

Despite the Obama administration and Democrats bewailing income inequality, it is their steadfast determination to expand government and continue embracing Keynesian economic theories that have done more than anything else to exacerbate that inequality. Without getting into the eye-glazing details, understand that this bunch fervently believes that shoveling trillions of dollars into the economy … is the ultimate solution to all of our economic problems, because it will create a “wealth effect” that in turn will spur the consumer spending necessary to “jump start” the economy.

Six years and $7 trillion later, we’re still waiting for liftoff. …

We’re amassing the largest “bar tab” in the history of mankind. And the only reason we’re still getting beer is because entities like the European Union, China and Japan are running up their own tabs, and we look like less risky drunks by comparison. Why don’t we stop? Because no one wants to deal with the pain of getting “sober,” aka living within our means. …

The course we are currently on as a nation is economically unsustainable. And anyone who tells you otherwise is an abject liar. And as I’ve said before, politicians and their media cheerleaders lie unabashedly. Mathematics does not.

In the Sun Also Rises, Ernest Hemingway had a character maned Bill Gorton who asks another character, the formerly affluent affluent Mike Campbell, “how did you go bankrupt?” To me, Campbell’s reply feels like a harbinger of the times. “Two ways…Gradually and then suddenly,” he answered. We already know what the “gradually” part feels like. The “suddenly” part appears when those dedicated to kicking the can down the road – run out of road.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.