stock_creeper's  Instablog

The US economy grew at 3% in the 4th quarter, which is still faster than ANY country in the Eurozone.

I hate to break the leftist bubble of negativity, but this GDP report proves we're still in a Goldilocks economy of tame inflation, no deflation, and robust economic growth. In contrast to the knuckle dragging conservative archetype, it's the left, not that right that typically opposes technology, automation, and financial instruments. Liberals want the economy, stock market and society to regress to advance their goal of economic equality and full employment. Everyone that is above average has to regress to the lowest common denominator, so everyone is equal but worse off overall. Exceptionalism is punished. For example, to minimize pain at the pump the left wants to increase regulation on speculation. To increase employment, the left wants more job creation programs at tax payer expense and increased employer regulation to make it harder to fire people. Speculation fulfills an important economic role by allowing smart people to profit off their risk taking, and it's selfish for Americans to complain about pain at the pump when they aren't economic stakeholders. Speculation, not fiscal timidity, creates economic value thus should be rewarded with large, low taxed profits. Pain at the pump is a small byproduct of a well functioning free market.

Don't bet against America, treasuries, the fed or the free market. Walmart door greeter, fast food and street sign holder are growth industries. These are exciting job opportunities. Our economy is the most growth-orientated and proactive in the world. If a country supposedly threatens us in some dubious way, we declare war on them preemptively. If we declare war on false pretenses, it's ok because everyone makes mistakes. That's what makes our economy great because we can take risks and make mistakes.
Liberalism is mental disorder. To make our economy better, let's put all liberals on the no-fly list.

I want more free market capitalism, I want more consumer spending, I want pain at the pump, I want more buy all dips. A wider wealth gap, higher gas prices is a byproduct of a dynamic, growth-orientated economy.