Prepare For Leftist Blame Shifting

The global economy is in for a rough ride. What went wrong? My view is that this coming recession has been building for decades. Ever since Progressivism became a popular political credo. As more and more Progressives entered politics, and garnered support by penalising enterprise, growing government and buying votes with money that really didn’t exist, the obvious outcome was always (eventually) going to be an economic meltdown. 

The left of course will deny this, and try to shift the blame elsewhere. We will observe them everywhere blaming capitalism, or free markets or Republican policies (George Bush primarily) and doing anything but admit what is really happening. The coming collapse is not a failure of western Civilisation, or capitalism, or free markets. Its simply and purely a failure of leftism.

J Robert Smith nails it so succinctly on American Thinker- “Big governments have incurred big debts and made extravagant promises of entitlements, thereby ensuring jaw-dropping deficits, all the while gambling that cash-cow capitalism will continue to produce even more cash to meet government obligations — and permit governments to spend and borrow more.

But capitalism and free enterprise have their limits; their shoulders aren’t sturdy enough to indefinitely sustain the ravenous, elephantine governments that perch and feed on them. Nor can capitalism and free enterprise be harassed and stripped of their vitality in the name of fairness and equality and be expected to keep yielding wealth. ”

So right. Read the full article here



Categories: Economics, Global Politics

5 replies

  1. The next downturn will be more than a recession and more like a depression. If you take a look at the current economic circumstances that the States now finds itself in after Obama finished the economic decline, started by Clinton, through his tripling of the national debt, all the indications are, such as falling employment and non existant economic growth, that America is already in a depression.

    Some interesting times ahead!

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  2. I referenced this in GD, but it is an excellent explanation for the situation we now find ourselves in-

    http://www.americanthinker.com/blog/2010/12/santa_claus_has_left_the_left.html

    Kind of supplements the stuff in the above referenced article.

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  3. The coming collapse is not a failure of western Civilisation, or capitalism, or free markets. Its simply and purely a failure of leftism.

    Absolutely, Red.
    Leftism has raped and pillaged its way through Western civilisation, capitalism, and the free market. And part of this systematic routing has included the destruction of the moral foundation and the protestant work ethic that made Western civiliation great in the first place.

    Of course the Left promotes neither morality (in any genuine sense) nor a strong work ethic – it in fact discourages both.

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  4. “Of course the Left promotes neither morality (in any genuine sense) nor a strong work ethic – it in fact discourages both.”

    Yeah, and its all part of the plan. How about that thug McCarten? Spending the tax he collects on behalf of his employees on union matters. All the while he is attacking businesses and capitalism, and would be screaming blue murder if some small businessman was caught out in a similar scam. And yet the Herald that so viciously attacked David Garret , pays him to write articles for them. What a crazy world.

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  5. One good thing is Red, now UNITE has been publicly exposed, the IRD will be pretty much forced into donning proctologists gloves and giving the books a thorough internal. And McCarten should brace himself as well.

    It may be quiet, and it may take time, but the tax-man will have his due. This stupidity could well spell the end for UNITE.

    I disagree with everything that proceeds from McCarten’s pie-hole, but I never thought he was stupid. At least not on this scale.

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