« BACK  |  PRINT

RS

MEMBER DIARY

Consequential Elections and Their Consequences

Elections DO have consequences.

 

If you doubt that, take a look at announcements made in the days since Barack Obama won (?) his second term as President of the United States. Big companies like Walmart, Papa Johns and Denny’s are complaining loudly, but not nearly as vociferously as their employees will be when they realize their paychecks are shrinking – if they keep their jobs at all – and the customers whose bill for goods and services are ballooning due to Obama’s policies and health-care mandates are sure to join in the chorus.

 

Somebody, and it may have been Karl Marx, said that there are only two kinds of people in the world. To paraphrase, there are managers and there are workers. The two mind-sets are not interchangeable. One understands and embraces the laws of business and economics. The others do better when they are simply asked perform critical services for the management types. Both are indispensible. Together they can make the world go around, as the song from the musical Caberet so delightfully assures us, but when they are pitted one against the other, capitalism and the success it breeds go right out the window. Or, as I said before, elections have consequences.  This one with it’s divide and conquer strategies will have the consequence of manger-types making necessary cuts to wages, hours and benefits while worker-bees (many of whom voted for their champion Obama) will face the…you guessed it…consequences.

 

Of course all of us will pay a price. Whether you are seeking to invest in a can of apricots or iPad mini cases, the price is going up. (Hint: If you’ve not done your Christmas shopping yet, do it NOW. Do it TODAY. It gets worse from now on.) These are consequence which will be impossible to avoid. The innocents out there who imagine that rich folks will be the only ones to suffer have some bitter lessons coming. I wish it weren’t so, but if wishes were fishes, we’d all have a freezer full. Meanwhile, after the consequences are fully realized, there will be a serious about face in this country. Put in the form of a parable it sounds something like this, which I found in my email inbox a few years back.

 

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would be poor and no one would be rich, a great equalizer. 

 

The professor then said, “OK, we will have an experiment in this class on Obama’s plan”. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.

 

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

 

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F. As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else. To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. It could not be any simpler than that

 

Now, I, for one, take issue with Karl Marx and his dim view of the human animal. Nevertheless, I know there are students who study and those who don’t. There are hard workers and freeloaders in every society. When things are allowed to take their natural course, the freeloaders eventually catch on to the fact that panhandling, like elections and howitzers, has a mighty painful kick if you’re not expecting it. We’ll catch on eventually. Meanwhile, it’s enough to know that there are good decision makers, and then there are those who voted for Barack Obama.

Get Alerts