Prudence for Dummies: The Benefits of Stagnation

Friday, August 1, 2014

The Benefits of Stagnation

No sign the U.S. economy is overheating according to a White House spokesman.

The spokesman also said that water is wet, and it will be increasingly dark after the sun goes down until sometime tomorrow morning when the sun comes up. President Obama's policies are making all of this possible.

"Overheating" used to refer mainly to inflation and bubble speculation. Now it's good news to the Obama regime that we don't have too many people working and labor participation continues to languish at historically low levels, while we have millions more on food stamps.

To further dampen this non-existent overheating, we ought to let a few million more illegals pour over the borders lest the youth unemployment rate drop below 25% and mid-20s college graduates move out of their moms' basements. That might wreck the whole Democrat voter base.

2 comments:

John LienAugust 1, 2014 at 6:52 PM
Overheating? Really? That would be probably the last word that would come to mind.

(I'm convinced they say this stuff on purpose to jerk us around.)
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mushroomAugust 2, 2014 at 12:46 AM
Yep, it's no longer possible to believe the people who say this stuff are that stupid. We can only conclude that they believe we (enough of us) are that stupid.
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The PFD Recommended Viewing and Reading List --- Suggestions are welcome

The Secret of Roan Innish -- suggested by Farmlog's John Lien
The Incredibles
The Man Who Shot Liberty Valance
Secondhand Lions
The Book of Eli Finally got around to watching it myself. "It's ca-at."
The Road -- I haven't seen the movie, but I can recommend the book
Blackhawk Down -- The modern battlefield
Last of the Mohicans (1992) -- "Find yourself a musket."
The World's Fastest Indian -- Ingenuity and determination and motorcycles
Iron Will -- "Run longer. Sleep less." And, finally, a use for fruitcake.
The Apostle -- Because redemption is real
Jeremiah Johnson -- I cannot believe I left this one off.
Walking Tall -- I prefer the original based on the short life of man who just wanted to do the right thing.
Treasure of Sierra Madre -- Gold will change a man. Fruit trees are better.

Quotables

Don't believe them, don't fear them, don't ask anything of them -- Solzhenitsyn

Tyrannos omnes oportet perire — “It is fitting that all tyrants perish”

The true Christian should not resign himself to the inevitable: he should trust in the impertinence of a repeated prayer. -- Don Colacho

Political tags — such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth — are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire. The former are idealists acting from highest motives for the greatest good of the greatest number. The latter are surly curmudgeons, suspicious and lacking in altruism. But they are more comfortable neighbors than the other sort. -- Robert A. Heinlein

When law and morality are in contradiction, the citizen finds himself in the cruel dilemma of either losing his moral sense or of losing respect for the law -- Bastiat

The tank, the B-52, the fighter-bomber, the state-controlled police and military are the weapons of dictatorship. The rifle is the weapon of democracy.

If guns are outlawed, only the government will have guns. Only the police, the secret police, the military. The hired servants of our rulers.

Only the government -- and a few outlaws.

I intend to be among the outlaws. --Edward Abbey from “The Right to Arms”