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An Open Letter To Liberals

(Reposted From Ricochet.com)

This morning on Ricochet.com, member “~Paules” posted “An Open Letter To Liberals.” (Currently behind the Ricochet paywall.) With his kind permission, I am reposting it here. The statements are his, but I agree with 99.999% of it.

Congratulations!  You have voted your man another four years in the White House.  If you want to poke your chest and crow “we won,” it won’t bother me in the least.  Not anymore.  If you think my (former) party represents racists, bigots, and plutocrats, that’s okay, too.  If that’s what you think, I won’t waste my breath trying to convince you otherwise.  But I will take this opportunity to explain exactly what it is you won.  Elections have consequences.

If you will get your nose out of MotherJones for just a moment, you will discover that our nation is approaching a fiscal cliff.  That’s the point where the government can no longer pay its bills.  You can ignore this fact, but the fact is not going to ignore you.  A default will cause the economy to collapse because a debt that can’t be paid is a form of wealth destruction.  Debt is an asset to the creditor, you see.  When an asset becomes worthless, it means the creditor has less money to invest, build, and hire.

I know you think that raising taxes on the rich will solve our fiscal crisis, but you are wrong.  I know math is hard, so let me give you an illustration.  The wealth held by the rich represents a jar of jelly beans. The debt held by the government represents an empty 60 gallon trash bin.  Your job is to fill the trash bin with jelly beans.  Get back to me when you’re finished, and we’ll have a chat about something known as the Laffer Curve.

“But the government can just print money,” you say? That’s true.  And that’s exactly what the government is doing even as I type.  I won’t bore you with the history of the Weimar Republic, or offer you anecdotal stories about Zimbabwe.  And please forgive me if my illustration is a little off color.  I went to Nicaragua in 1986.  The newly elected Sandinista government was busy printing money to pay its bills.  I attempted to buy a roll of toilet paper in a shop that had exactly one roll on the shelf.  Only the wad of local currency in my pocket was insufficient to cover the cost.  So I did the obvious. Yes, I know it’s gross.  Sorry.  But it does illustrate the point.

I’ve heard you all say that it’s the government’s job to take care of people.  I’m not going to argue the point anymore.  I’m just going to refer you to what’s going on at this very moment on Long Island.  When you depend on others, you’re going to be disappointed. You should know this by now.  Just look at all your stoner friends.  And don’t tell me they mean well.  Tell it to the landlord on the first of the month.

I’m finished arguing with you.  You won it, now you own it.  Let me just warn you that the only thing harder than math is the result when an equation fails. Numbers are stubborn things, indeed.  So are facts. And truth is not as malleable as you think.  In fact, it’s rigid and unyielding.  So have fun while it lasts.  And as John Adams once said, “may your chains lay lightly upon you.”

If you haven’t yet, and if you want this kind of discussion, may I suggest that you give Ricochet a try? It’s not that expensive, there’s no leftist trolls (there is one Obama supporter who posts from time to time, but he’s actually quite reasonable and really a nice guy), and you can read things like this.

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