Why Our Economy Is In A Catch-22

How would you like to be President?

Imagine having a 1-2 year job interview that consists of 300 million people asking you questions. Even though you finished top of your class at Harvard (undergrad) and Yale (law school) you still have to somehow convince people you’re the right person for the job. It doesn’t matter that you have a successful track record because you’re now on a grander scale. What you have done before doesn’t matter anymore.

Regardless of what your plan is to help this nation, there’s a good chance that 49% of the population will hate you.

I lose my mind if I get one negative comment on my blog…could you imagine having 100+ million people disagree with you?

As I write this, it’s 11AM on Wednesday 11/7. The stock market is bloody red (down 2.5%). That cannot make you feel confident. The day after you win the election, the majority of investors say “holy shit, I don’t like where this is headed.”

To make matters worse, once you become President you’ll be held responsible for something that you have little control of!

The Economy

I’ve already told you that Presidents Are At The Mercy Of The Business Cycle and that Ben Bernanke Has More Power Than President Obama but no one really cares what I think.

So forget what I think…and allow me to tell you what I know.

Our Economy Is In A Catch-22

People believe that our President is responsible for the economy. People also believe that our economy will only improve if we increase spending. Unfortunately, we don’t have any money to spend.

Do you see the dilemma?

We, somehow, have to figure out how to SPEND MORE with LESS MONEY without GOING INTO DEBT FURTHER.

Sheesh.

I don’t care where you studied, I highly doubt they taught you how to handle this economic paradox.

Random Info-tainment: The Socratic Paradox derived from a quote from Socrates in The Republic. He simply said, “I know nothing at all.” This has evolved into “I know that I know nothing at all.” If someone knows that they know nothing, then don’t they know something?