THINK ABOUT IT

Economics is the study of how people utilize scarce resources in order to make and distribute goods.

There are several different kind of economies which economics studies:

1 capitalism: the type of economy wherein producers and consumers make most of the economic decisions and the government makes some of those kinds of decisions.

2 socialism: the type of economy wherein the producers and consumers make some of the economic decisions and the government makes most of those kinds of decisions.

3 communism: the type of economy wherein the producers and consumers make few economic decisions and the government makes virtually all of those kinds of decisions.

Politics: the process whereby a government identifies problems facing the given society; identifies solutions to those problems; and initiates measures to remedy those problems.

There is a political spectrum whereby politicians can be charted:

Moderate position: things are pretty much as good as they can be – some improvement can be realized with some conservative and with some liberal modifications.

Conservative position: things need to be changed somewhat using some old ideas.

Liberal position: things need to be changed somewhat using some new ideas.

Radical position: massive change is required of the existing milieu using virtually all new ideas.

Reactionary position: massive change is required of the existing milieu using virtually all old ideas.

Nazis are reactionaries.
Communists are radicals.
Democrats tend to be liberal.
Republicans tend to be conservative.

Radicals and reactionaries tend to be violent. Not always.
Conservatives and liberals tend to be peaceful. Usually.

There are many, many exceptions in the cases of individual democrats and Republicans.

Think about the campaign rhetoric.
Think about the proclamations coming out of Washington these days.

Think about it.

What has the Nation done?