Monday, February 15, 2016

The Right View of Economics

For John, BLUFEconomic Freedom pays off.  Nothing to see here; just move along.

I believe this chart, from the Blog of Daniel J Mitchell, and his post "The Right Kind of Class Warfare: Workers vs. Looters", shows the difference between Democrats and Republicans.

In the diagram below we have, on the left, the Democrat Party view on the problem and the enemy.  On the right is the Republican view of the problem and the enemy.

The thing that goes along with this is the fact that Capitalism works.

From the American Enterprise Institute we have "Don’t tell Bernie Sanders, but capitalism has made human life fantastically better.  Here’s how".  The author is Mr James Pethokoukis.

Here is how world GDP took off and grew.

For those who say, well, the population exploded, here is a per person look.

Hat tip to the InstaPundit.

Regards  —  Cliff

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