Liberal Libertarianism.org
The Path To Constitutional Freedom & Liberty
  • Basic Plan For Making The Fed Gov Smaller
    • Theoretical Overview >
      • Overview: Restore America Plan
      • Property Rights
      • Government vs State Law >
        • Problem Of "Echo Chambers" In Conservative States Skewing Their Ability to Make Rational Decisions
        • Theoretical Tools for Understanding HOW Tyranny CAN Take Root
        • On Assassinating US Citizens (Anwar Al-Awlaki)
        • On Foreign Aid and Human Rights (of trial by jury)
      • On Foreign Policy, War and Nation Building
      • Responses to Ron Paul >
        • Warfare, Welfare, and Wonder Woman — How Congress Spends Your Money
      • On Foreign Policy, War, Suicide Bombings and Iran >
        • Why THEY Attack Us
  • Economics
    • Bernie Sanders >
      • Rebuilding Our Roads >
        • Reversing Climate Change
        • Creating Jobs
        • Protecting Unions
        • Raising The Wage
        • Pay Equity
      • Making Trade Work for Workers >
        • Cutting College Costs
        • Breaking Up Big Banks
        • Medicare For All
        • Ending Poverty
        • Stopping Tax Dodging Corporations
    • Lessons >
      • Lesson 1 : The Definition Of Economics
      • Lesson 2: How Demand & Supply Works
      • Lesson 3: What Is A Market Economy
      • Lesson 4: What Is Perfect Competition
      • Lesson 5: Efficiency & Inefficiency In Business, Economics & The Economy
      • Lesson 6: The Opportunity Cost Model for Understanding How A Society Functions
    • Questions & Answers >
      • What is the American Dream?
      • Marco Rubio's Economics
      • About The Federal Reserve
  • Blog

Marco Rubio's Economics


Marco Rubio Pt. 1 - Senator Marco Rubio discusses how the U.S. government's policies have not kept up with economic growth over the last several decades in his book "American Dreams." (6:02)

The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook,Daily Show Video Archive


At 1:58 Jon Stewart is referring to our upside down tax system and the corporate freeloaders, amougnst other things.

At 3:40 - Marco Rubio, the guy who claims 'not to be a scientist' and by implication saying that as a consequence of his lack of scientific understanding he can't comprehend what 97% of scientists are telling him, claims there is an "economic restructuring going on which our policy making hasn't kept up with'.  His claim lacks credibility.

At 5 mins Marco Rubio makes it clear that he is aware of the "Obamacare VS Affordable care act" schizophrenia... AND he is playing the politics of 'Obamacare is bad' as long as people don;t know. Complete proof of his duplicity & lies.


Marco Rubio Pt. 2 - Senator Marco Rubio proposes a modification to the earned income tax credit and shares his concern that raising the minimum wage would cost people their jobs. (5:14): 

The Daily Show
Get More: Daily Show Full Episodes,The Daily Show on Facebook,Daily Show Video Archive


It starts off with talk about Marco Rubio's idea to expand the earned income tax credit... which Obama is already pushing so it isn't a particularly earth shaking idea.

AT 2 mins we get to hear that the anti science party has a congressional committee which doesn't like the idea of a minimum wage increase. Marco Rubio pretends to believe that jobs will disappear with the increase of the minimum wage while their support of the TPP & NAFTA doesn't. The argument goes along like this 'if we increase the wage then machines will magically appear and take over your job'... then he talks about getting your food from a vending machine, as if that doesn't already exist and fast food or restaurants haven't disappeared. There is a reason a fast food employs people. The reality is that the income boost would help people prepare for the future, so that when fast food does automate to a great degree (30-40 years from now) this generation will already have houses and would have enough wealth for the next technological economic boom, whatever that may be.

At 3:14 what Marco Rubio is saying SOUNDS like a reasonable economic statement i.e. that if you make someone more expensive than a technology then people will switch. I would like to remind "Mr. I'm not a scientist", that such technology would be way to expensive for any customer service related restaurant. The eating out boom will continue even if a weird automated fast food shows up. To talk about technology that doesn't exist and making policy decision based on this imaginary situation is just ridiculous.

As it is, car factories have become heavily automated and still employ a ton of people. So even modern parallel examples don't work for this excuse.

Based on the keyword Marco Rubio used, here are a few posts which outline the extent to which this charade is taking place:

The Tom Coburn Deceptions - Pretending "The Budget Problem" Hasn't Already Been Disproven By Economists

Oklahoma Republican James Inhofe Takes A Know Nothing Approach To Climate Change (& Facts!) 

Introduction To The Class Warfare Being Waged by The GOP & Fox News On America

Picture
Moment Of Zen On GOP Polices:

Reminder: Republican rule put the country on the brink on economic collapse (remember 2008-09?). Even George Bush said that he didn't understand that his ideological position of no taxes etc. turned out to be bad for the economy (hehe)

Bush & Cheney's (i.e. GOPs) Economic Plan Debunked 
© Liberal Libertarianism .org 2014-2016
A Project Of Culture & Society Blog