Bye Bye American Pie

Barack Obama has little understanding of economics. He believes, like most Marxists, that the economy is like a pie, and if I get a bigger piece, then you will get a smaller one. This is the reason he is so disdainful of the wealthy and successful: he believes they are taking more than their 'fair' share of the pie, consigning countless others to poverty. This is why he wants to raise taxes even if it results in a weaker economy and less revenue, because he thinks it is more fair. He doesn't understand that it is not a zero sum game, that wealth is not to be divided but created. If taxes on investments were eliminated, along with taxes on corporations, the economy would boom, the markets would soar, and millions would prosper. Those at the top as well as those on the bottom would benefit from a growing pie. It is this same misguided view that shapes Obama's energy policy. He has been quoted as saying that 'Americans can no longer set their thermostats at 72 and expect the world to say that's ok, use however much energy you want'. He thinks we are using more than our share of energy and are depriving the rest of the world. He wants us to do with less so others can have more, being too ignorant to realize that we can produce more energy so everyone has enough. If we build more nuclear plants, and utilize our vast coal and oil reserves (and stop worrying about non-issues like global warming), there will be more than enough energy for all of us. Or we can follow Obama's plan and get used to a lot smaller piece of the pie.