Obama's lack of logic

For those who are interested in why I criticize Obama on a fairly consistent basis, check out Bastiat's essay about "What Is Seen and what Is Not Seen". For example:

"Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil."

At least some people other people get it also. Some econ professors at Austrian Economists blog tipped me off to Ted DeHaven at Cato where he says:

"Time-out. The administration accurately states that federal spending and debt have increased at a detrimental pace this decade. Then it says we’re in the worst economic crisis since the Great Depression. And the solution to the economic downturn caused in part by too much spending and debt is to increase deficit spending and further run up the national debt?"

I wonder who the bad economist is? There is more than a difference in opinion between true (paleo, classical, libertarian) conservatives and modern liberals. If the poor logic is so easy to point out and these people are obviously intelligent, that begs the question: What might motivate intelligent people to intentionally choose paths that do not make sense? More on that later.

Rush, Barrack, and Failure

For those who were watching CPAC this weekend, it certainly is an interesting time to be conservative. Leftist hangouts such as salon.com wrote sharp articles criticizing Rush Limbaugh for being the center of the Republican Party. Though I won't have much to say to defend Rush's intellect, the Left has their own dumb-ass populists such as Al Gore, Susan Sontag (RIP), 99% of Hollywood actors, and lets not forget Michael Moore.

However, I just wanted to clarify something Rush said, "So what is so strange about being honest to say that I want Barack Obama to fail if his mission is to restructure and reform this country so that capitalism and individual liberty are not its foundation? Why would I want that to succeed?"

I think the larger point is that Obama WILL fail at helping the economy if he continues his policies of excessive government growth. Not to defend Bush's lost 8 years of financial idiocy, but throwing more fuel onto financial fire storm is not the best idea. He cannot spend ourselves out of a problem that was created by too much easy credit. I will probably go into this later. But for now, I think this is the obvious point to make. Rush can stop wishing and start waiting for the inevitable. If any of you are not so economically wise, you can check out some smart people here, here, or here.