Thursday, May 31, 2012

Is this really the mentality?

This is perhaps the most frightening example of President Obama's thinking about himself.

The issue with Obama's environmental policy isn't that he picked everything, it's that he has a long history of supporting ideas the market has disregarded while penalizing those ideas the market does like.

The point here is that it doesn't always make sense to be first to the market.  When Acme Car Company decides it wants to build a new car there is a great deal of expense in building the first car.  That car must be designed, engineered, and the parts designed and engineered before the car can be built.

The first car is exceptionally expensive to build and the cost does not go down until a second, and third, and so on is built at which point unit cost becomes more manageable.  Obama of course, does not favor the approach that does work and instead wants to award his friends in green energy with expensive handouts for technology the market does not want.

The amazing electric vehicles that "everyone would want" have a nasty habit of causing fires and once you account for the energy spent charging the vehicles are no more economical, but instead are another pipe dream of the Smoker-In-Chief.

Unfortunately, his supporters are so drunk of their own self importance they seem to think that they can compare themselves to Jesus.  My issue with Obama isn't that he can't turn water into wine, it's that he turns any issue into whine.

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