Obama sucks at economics.

He must have flunked it. Or he's been taught by someone subscribing to the Keynesian school of thought. Either way, he lacks knowledge.

I'm not speaking broadly about his handling of the economy, I'm speaking of his actual ability to comprehend the laws of economics. 

Take his healthcare proposal. 

Logic dictates that when a heavily subsidized option for anything undercuts the other free-market options in that particular market, it will create an unfair advantage. He says his plan will "increase competition". That's a blatant lie. His plan will push people out of private insurance and into the public plan. Give people a cheaper alternative and they'll take it. This will create an oligopoly, and eventually a government monopoly on the health insurance market. 

It also won't "lower the cost of healthcare for everyone". 

After everyone goes to the monopolized public option the massive demand and subsequent cost of that option means that it will need to cut costs or increase funding. This is where the healthcare rationing "scare tactic" (as the left calls it) comes into play. It's not a boogyman scenario. When things get that bad something will have to be done, and rationing is the simplest way to achieve control over costs. We'll have to wait for both routine and critical care. It's not a rightist propaganda tool, it really does happen in Canada and the UK. 

My second example of his monkey-with-a-learning-disability economics intellect would be his "green jobs" plan. 

He wants to increase regulation and funnel money into green energy investments, thereby "creating" green jobs. 

This is what's called a broken window fallacy. 

Say you intentionally break a window with the intent that it will "create" a job for someone to do. The work that it takes to fix the window will have to be done by someone willing to clean up the glass and someone willing to replace the window pane. But this isn't creating jobs at all. All it does is divert capital from more constructive things. The money spent on cleanup and replacement would have been spent elsewhere had the window not been broken. It would've been invested, or spent on goods that stimulate private business. 

The exact same thing will happen when he tries to divert funds away from one thing and into another. No jobs will be created, they will just be moved from other sectors of the economy, and it certainly won't be the same people who just lost their jobs being moved. They'll have to find another job. 

In order to solve our "healthcare crisis", we need to do three big things.

1) Medical Tort Reform

I'm not a fan of tort reform. I'm really not. But I REALLY FUCKING HATE AMBULANCE CHASING TRIAL LAWYERS (you know, like John Edwards, that cheating bag of retarded-monkey shit). 

But tort reform isn't good for the individual. I don't need some bureaucratic twat telling me how much I can get from my lawsuit award. I do, however, understand both sides of the matter. 

People who rally against reform say it's hurting people's right to fair compensation and lowering the incentive to not produce shoddy products. The proponents of reform say that the amount of lawsuits for silly things are clogging up the legal system and keeping the meaningful cases from being heard in a reasonable amount of time. 

They're both right. But there are ways to make everyone happy.

a) Make the losing party pay the other side's legal expenses: This would make sure that lawsuits are only filed when the plaintiff thinks they have a legitimate claim against the defendant. Because if their case is lost, they'll be in a world of financial hurt.

b) Enact commonsense medical malpractice tort reform: Don't limit what we can get when we get hit by a negligent driver, but do limit what we can get for negligent doctors (of which there are few). Doctors build in the cost of their immense amounts of malpractice insurance into their services, as do medical supply companies. Pacemakers are about $1000-2000 more expensive than they need to be because the manufacturers need a ton of malpractice insurance to cover their asses. Doctors are also less likely to perform unnecessary tests on their patients. They do this because it's both 1) paid for by the insurance or medicare and 2) used as a hedge in making sure they can prove they did everything possible if they get taken to court.

c) Enact laws against trial lawyers advertising on TV about how they'll get those evil bastards that gave you mesothelioma and cancer and a broken arm and a workplace  injury and denied disability: (See: Jeff Martin and Binder and Binder).

2) Go back to cash-based doctor visits and major medical insurance with high deductibles, and health savings accounts.

Back in the good ol' days before health plans, there was just health insurance. Anyone in need of a vaccination, checkup, or physical went to their family doctor and paid cash. It's ridiculous that it's gotten to the point where we pay a copay for a fucking checkup.

People who use the method above save money in an HSA (health savings account), which is available to people in high-deductible health insurance plans. Funds put into this account are not subject to an income tax, and the money in the account rolls over into the next year. 

When people have HMOs they get lazy. HMOs negotiate with doctors on prices. One insurance company will pay a doctor less than another based on negotiations. It's also a big financial burden for physicians. They must hire on additional workers to deal with health insurance payments. It's not a fun situation. 

Doctors will likely give you a discount if you're paying with cash. When their patients pay with cash, they get the money up front, instead of waiting for the HMO to pay up (often this takes over a month). 

Another benefit of paying for regular is that it forces consumers to shop around for the best price. Imagine if your grocery purchases were paid for my someone else. You wouldn't worry about getting store brand items. You'd want name brands. You wouldn't get the crappy beef, you'd go for the prime. You would and you know you would. But you of course don't do that when you're shopping with your own money. The same thing applies to healthcare. If you're using your own money it behooves you to shop around for the best prices. If you have insurance paying for regular visits you get into the "well, I'm not really paying for the test so let's do it" mindset. It's wasteful. 

If you end up in a bad wreck or with cancer, the major medical insurance kicks in. After you pay the deductible with untaxed dollars from you HSA, insurance does pay for things. 

3) Stop listening to the media's bias

I'm talking about both sides. CNN, Fox, MSNBC, Glenn Beck, Keith Olbermann, Michael Moore, etc.. Sicko is full of misquotes and misinformation. If you really, truly believe the Cuban healthcare system is better than ours and that the Cuban government didn't take the film crew to the hospital for the "haves", then go here. For God's sake look at the pictures of those poor people. The Cuban healthcare system is atrocious, and believing it's better than the American system is damned foolishness. 

4) Take a look at what the Federal Reserve has done to our money

Our money is worth squat. It's been inflated by interest rate cuts. The Fed prints money out of thin air. It's never been audited. By decreasing the value of the money we currently have earned, it essentially has used our savings to bail out big businesses. It's goal is to sooth the ups and down of the market, but it causes as many bubbles as it aims to fix.

If we did those four things, we'd be so much better off in the long run. We'd retain our freedom. We'd not be told but some buearucrat fuck-nut in Washington that we have to purchase healthcare or face a fine. We'd have sound money. We'd have more money left in our pockets. 

We'd all be happier, and our medical innovations wouldn't be stifled by undue regulation. 

If you still support Obama's healthcare plan after listening to common sense arguments such as the one I just laid out, then I guess there's no changing your mind.