Armstrong Economics Blog/Gov’t Incompetence Re-Posted Apr 13, 2021 by Martin Armstrong
Biden “border czar” Roberta Jacobson is stepping down amid the migrant crisis because the Democrats are just brain dead when it comes to understanding real human emotions and behavior. Declaring they would grant citizenship to all illegal aliens is a call to hurry up and get here ASAP. Then they have sent all the Cubans and Mexicans who came here legally, rushing into the Republican camp, along with those from India who all had to pass criteria to get in legally. It is a slap in their face for all the hoops they had to jump through to get in.
Since the crisis has gotten worse, Biden now is proposing to pay people in South America not to come to the United States. So will this become an annual supplement like Social Security for everyone south of the border? What about Canadians? Shouldn’t they get checks too?
This just illustrates the deep-seated hatred of capitalism that is found in the left-wing Democrats. They think everything is money. They never heard of the maxim that money cannot buy love. They have never understood the proverb that it is far better to teach a person to fish than to hand them a fish every day.
This is why the left-wing will NEVER succeed in their revolutions. They keep trying the same old theories and are incapable of understanding how humanity even functions. Moreover, they are incapable of recognizing their mistakes.
I have been instructing people on how to trade and invest for more than 40 years. It is always the same thing if we are talking about governments using theories or trading markets. Knowledge ONLY comes from recognizing a mistake and adapting until you get it right. Stupidity prevails when you refuse to admit you are wrong and seek out others to blame for your own failure. I have been trying to tell goldbugs to open their eyes and look at the patterns the markets unveil. ONLY the market is 100% never wrong.
We humans must realize that life is a journey through a maze. In Buddism, if you make it through the maze you don’t have to come back and you stay in Heaven or Nirvana. If you do not learn the lessons of life, you are sent back for another tour of duty. Some believe that this is the real definition of hell. Perhaps? But if there were a last judgment, and you were asked what you accomplished, I cannot imagine it would go very well if you started blaming everyone else for your own failures.
No matter what religion you may ascribe to, the common theme is you accept responsibility for your own actions. The left-wing never does! It is always someone else’s fault!