Liberal-Conservative Economic Ignorance Gap

The economic ignorance gap between liberals and conservatives

By Wayne Allyn Root

July 05, 2012

Good old John Edwards was actually right about one thing. He said there were two Americas. Under Obama, the John Edwards’ thesis has come true.

The first America is represented by those who work in the government sector (folks who almost always support Obama and vote for Democrats), and who think the private sector is doing just fine.

The second America is represented by private sector entrepreneurs, small business owners, and job creators (who almost always support conservative candidates and causes) who know the terrible truth – the economy is in horrible shape.

The difference between these two Americas is due to economic ignorance.

To save America, we must ignore those in the government sector and start listening to those in the private sector who are living at “ground zero.”

They are the experts.

They have the “boots on the ground.”

They understand first-hand what Obama’s policies have wrought: complete economic collapse.

The dirty little secret rarely discussed or explained by the media and pollsters is the economic ignorance gap between what conservatives think of the economy versus what liberals think.

Don’t believe me? Just take a look at the opinion polls.

Democrats think the economy is in recovery with a bright future. Republicans think the economy is in horrible shape, and worsening. How could two groups look at the same economy and see things so differently?  Why doesn’t the media discuss this disparity?  The simple truth is the media doesn’t like the answer.

The real truth is that Democrats, who are so eager to support their president, are either delusional, or more likely, ignorant of basic economics. Quite frankly, it’s hard to blame them.

Most Democrats I know work for big government, a big union, a big corporation, or the media.

They don’t sell anything. They don’t own a business, or work on commission. They are paid for just showing up, never based on performance or profits.

They don’t know about budgets, profits, or losses. They get a safe paycheck every week, have a pretty much guaranteed job for life, and a pension when they retire.

They are nice people, but don’t have a clue about what’s really going on, because they don’t sell things on Main Street. Nor do they have any of their own money personally at risk. Nor do they notice or care if their employer (the government) bleeds billions of dollars in losses. Their world is their own weekly paycheck.

Liberals, progressives and Democrats simply punch a clock. They get paid week in and week out. It’s the same as last year…and 5 years ago…and 10 years ago.

As a matter of fact, they get automatic raises every year if they work for government. As long as they still have their job (which 99% of government employees do), their lives are pretty much untouched by the economic tragedy around us.

The private sector is a completely different story. Most of my friends who are Republican, conservative, or Libertarian either work for themselves or get paid based on commission or performance.

They all know that the USA is in total economic collapse and headed for a Greece-like disaster.

They know because their incomes are down by 20%, 30%, 50% and more. The private sector is devastated. We are all shell-shocked. We’ve never seen anything like this in our lifetimes.

So there you have it. The “economic ignorance gap” explained.

The people who live in a government world have the same basic income year after year. They know next to nothing about economics, or the risks of using their own money to run a business on a budget (or go broke and lose everything).

In their world, government takes care of you, hands you a check,  protects your job for life, and allows you to retire early on a $100,000 pension.

Their economy is just fine.

They are blissfully ignorant and protected from the harsh reality of the real world. Who protects them? Who is their guardian against the realities and harshness of life in the real world? President Obama and Democratic politicians like him. No wonder they will vote for Obama, idolize him, and ignore reality to protect him. Their jobs and incomes depend on his benevolence and bribery.

The same goes for members of the media. New York Times columnist and economist Paul Krugman is Exhibit A. Paul Krugman — like most government employees — thinks the answer to the bankruptcy of America is more binge spending by government. They give you Nobel Prizes for that?

Like Krugman, the economic knowledge of Obama’s supporters comes from books. Unfortunately the books were written by people like Karl Marx.

Then there’s the rest of us, struggling in Obama’s America. Those of us in the private sector, who risk our own money, run our own businesses, or are paid based on performance are being decimated, watching as our life’s work is melting away.

Forget about paying ourselves, we’re struggling to keep our doors open…. make payroll… and now, pay for ObamaCare.

It’s that bad.

Oh, and did I forget to mention that we are being hounded and harassed by the IRS like never before in history? How can anyone run a business and create jobs in an environment like this?

How about some examples: a Wisconsin flag seller just filed for bankruptcy. In Obama’s economy a patriot can’t make a living selling America flags.

Next we’ll hear that Bible sellers are going out of business too.

The ESPN Zone restaurant chain has gone out of business. — Under Obama you can’t make a living anymore selling cheap food and overpriced beer!

Even Vegas is in trouble. The only casinos making money are those whose revenues are mostly from Macau. Their Vegas operations are dying, but they make so much money in Asia it doesn’t matter anymore.

And then there’s the NFL — the richest sport in the world can’t fill stadium seats anymore.

Watch any sporting event nowadays and you’ll see wide swaths of empty seats. You can’t sell anything in Obama’s America — not even tickets to popular sports events.

Think these are isolated examples?

Last week’s announcement that US manufacturing activity plummeted to the lowest level in 3 years proves this is a slow-motion economic collapse under Obama. Just like in Europe, add together mix a toxic stew of big taxes, big spending, demonization of business owners, too many government rules and regulations, union intimidation, IRS intimidation, billions wasted on green energy, and lawyers trying to sue us all out of business (if the unions, government regulations, and IRS haven’t already succeeded) — and you get an economic disaster.

It’s all happening right now, right in front of our eyes. It’s pretty simple to connect the dots.

So the “economic ignorance gap” tells it all. Anyone who makes a living by selling something, anything at all, is in deep trouble. Those people see an ever worsening disaster under Obama and they are experiencing it up close and personal. They fear for the survival of their businesses and they are terrified for the future of America.

These are the people we ought to be listening too. The private sector is in distress. We see and feel this Obama Great Depression deepening.

Democrats who tell pollsters “everything is fine” may be nice people, but they are economically ignorant. Worse yet, their gravy train is based on stealing money from Peter (taxpayers) to pay Paul (themselves). So they aren’t just ignorant — they are biased. They have a rooting interest for an economy based on spending more, so their gravy train continues. No wonder they think things are just fine.

But soon, when government announces there is no money to keep paying for 21 million government employees, or to pay $100,000 guaranteed pensions…their story will change radically.

Don’t believe me? Just ask a government employee in Greece what the end feels like. I predict that Obama’s supporters will soon get a dose of economic reality.

Wayne Allyn Root is a capitalist evangelist and serial entrepreneur.

About Alex Scipio

About Alex Scipio: Alex moved out of the People's Republic of California to the Free State of Arizona, finally tiring of the lack of the Bill of Rights, the overgrown idiocracy, and the catering to non-Americans & welfare recipients. He still wonders how America got from Truman, Eisenhower, and Daniel Patrick Moynihan to the Liberal and Conservative extremes so badly managing America today. And, yes, islam DOES need to be annihilated. And doing what he can to get folks away from the extremes of political life.
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