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December 02, 2008

California Plummets in Commie - Caused Free-Fall

By DemocracyRules

Quick, Barack-man, to the Barack-mobile!  You must save them!

Hey wait!  Alfred has just brought me a book.  It's called "Self-Correcting Problems in Macroeconomics."  He put a sticky in  Chapter 7, "Economic Crises Within Socialist Economies"... 

Hmm, it says, "Because of their inherent fiscal inflexibility and designed-in resistance to market forces, socialist economies are extremely prone to failure.  Furthermore, since their capacity for self-correction has been disabled by this designed-in resistance, these economies generally cannot be rescued by external injections of capital. 

As a rule, it is better to permit socialist systems to complete their economic decline in toto, without intervention.  After this collapse, they are often more amenable to a return to  free-market systems.  (See also, 'How Soviet Union Macroeconomics became Microeconomics', 'The French Malaise', 'Cambodian rural-agrarian kill-cycles', 'Burma's Socialist slavery', etc.)..."

Gee, Barack-man, maybe we should just take the day off!  I wonder what Obama-girl is doing today?

Pro Patria

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