First, watch this video (Hat tip: Instapundit):
You get the point: however great things are, people complain, people tell you all the faults.
It is the same with the US economy. No matter that free markets have produced societies of wealth unimaginable only a few decades ago, there are always things to complain about. We may have the best health care in the world but, they say, isn't it just awful that you actually have to pay for it. Free markers provide the world's highest standards of living but, they say, isn't it just awful that the growth rate occasionally fluctuates down (recession). They wonder: Why can't we have expansions without ever having to bother with recessions?
Obama's health and economic policies see America as a glass-half-empty not realizing how lucky we are to have a glass and especially to have one half-full.
PREVIOUSLY on the subject of Obamanomics and how it differs from economics:
• Study: Liberals are economically illiterate
•Obama modeling US economy after Europe's
• Obamanomics prolonging the recession
•US Aaa bond rating threatened by Obama's budget says Moody's
•Obamanomics illustrated II
•How Dems are prolonging the recession
•How Obamanomics destroys jobs
•Deficits: Obama goes where no man has gone before (illustration)
•How to raise the standard of living
•Obama's anti-intellectual economic theory
•Obamanomics and the test of science
•Obamacare may raise insurance costs by 54%
•Harvard economist explains why Obamacare will raise premiums
•HHS says Obamacare will cause costs to go up and cause employers to drop coverage