Explanation of the Wave

Quick Overview of how Liberal Economics Fail

Libs use public spending to stimulate the creation of investment capital. The result is a whole bunch of money in investment firms (and a HUGE capacity for making war) but a bunch of unemployment (very good for making war).

Their economic model was designed for the 1930's...where more production overwhelmingly meant more employees (it didnt work then - 19% unemployment in 1939 after 7 years of this system).

In the Information Age, more investment capital means better technology/training for maximizing the production of those employees you already have.

Libs will attempt to remedy the problem with more govt spending to train the adults left behind by the Wall Street rallies.

The first problem is the govt spending that destroyed the natural balance between technological advancement and the education of the worker. The training-based govt spending destroys entrepreneurial initiative because those trained dont know how to create systems, just operate in them.

Libs, then, make the govt create systems...which work as well as the Post Office. For example, health care.

Health employment's knowledge base is collapsing very quickly. If you learned the cutting edge in 1995, and didnt go back to school, think of how far you are behind in 2010. The AMA, then, doesnt encourage doctors to change...it just lobbies the government to subsidize the failing system.

This also works for war: the New Deal generated and then taxed to death a huge amount of investment capital...they, then, used this combined with the need for work of millions of young men and women...to go to WWII. Hitler's plan was the same.

These are the failures of any artificially planned economy and the reason why many of us are limited to part time work or unemployment checks.