President Obama spoke yesterday and told us all what time it was. And, apparently, none of us ever need to work again, because now is not the time for profits. I guess I’ve been wrong all these years, because I’ve always thought that was the reason that businesses were in business.
Well, so business and commerce in this country are not to make a profit, as per the president. Hmmm. I’m trying to follow this, but am having some trouble. If a business doesn’t make a profit, then how do they stay in business? How would they get to a position where they don’t need any more government handout money?
I see two scenarios for why he would say something as puzzling as this. The first is that he doesn’t know the first thing about running a business. He never has started one, managed one, been responsible for the business making money (profits), or been the one upon whom dozens of employees rely for their paychecks. To my knowledge, he has not done any of these things, has always just drawn his paycheck, as he is doing today as president. This is a plausible explanation for saying something reflecting such inexperience; he’s speaking out of the realm of his own experience, and while he may think he knows what he’s talking about–I mean, how hard can it be to run a business?–he doesn’t. As we all know.
The second scenario is more disturbing, and I fear, just as likely as the first. He may or may not know anything about running a business, but that is not the point. What is the point, is that he (they) aren’t interested at all in saving the business, in saving the free market system. Their whole point is to destroy private enterprise in this country because socialism and capitalism don’t exist together. Therefore, he’s willing for us to think him “inexperienced” at business because he knows he, and the radical left supported by George Soros, have a much bigger agenda.
Now is not the time for profits. Well, if it isn’t, then when is? After the companies are all back on their feet? And how do they get back on their feet without making profits?
I hope he’s just inexperienced but I suspect it’s more than that. I suspect that the second scenario is in play here, and we have got to be vigilant, stay informed, and work together to preserve our country as we know it.
This would be a good place to include a quote from one of my favorite scholars, Thomas Sowell, an economic genius. In the preface to his book “Applied Economics: Thinking Beyond Stage One” he says:
“It is helpful to have something of a sense of humor when considering economic policies. Otherwise, the study of these policies and their often painful, and sometimes disastrous, unintended consequences can get to be too depressing or you can get too angry. Save your anger until you are inside the voting booth on election day. In the meantime, enjoy the process of getting more understanding of issues and institutions that affect your life and the future of the country.”
I hope all of you go out and make a profit today, and smile all the way to the bank. Make a profit, save America.