[EL] Twelve election myths

[Rick Hasen]

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On 10/3/12 4:00 PM, Jon Roland wrote:
>
>
>       Twelve election myths
>       <http://obitur-dictum.blogspot.com/2012/10/twelve-election-myths.html>
>
>
> The following are twelve important election myths involved in the 2012 
> election, with their Twitter hashtags so you can follow up on our 
> account @Lex_Rex <http://twitter.com/lex_rex> . Readers are encouraged 
> to spread them widely, perhaps by retweeting them to your friends and 
> followers:
>
> #Electmyth1 "The next president can end unemployment." No he can't. 
> The most government can do will take 30 years to pay off. No quick fixes
>
> #Electmyth2 "Government deserves credit or blame for the current 
> economy." Wrong. It is a parasite that does produce some but consumes 
> more.
>
>     Beware giving credit to the rooster crowing for the rising of the
>     sun. Government does not "run" the economy, but can break it. This
>     is a kind of logical fallacy
>     <http://constitution.org/col/logical_fallacies.htm> called /post
>     hoc ergo propter hoc/, also called the Rooster Syndrome.
>
>
> #Electmyth3 "We can grow fast enough to avoid the debt crash." Wrong. 
> Debt is growing too fast for any plausible growth to overtake it.
>
> #Electmyth4 "Printing money will reduce unemployment." Wrong for 
> everyone but bankers. Will encourage investing in bonds more than in 
> jobs.
>
> #Electmyth5 "Government can always pay its debts by printing money." 
> Not when people stop lending to it because the return can only be loss.
>
> #Electmyth6 "Investors need lower taxes to create jobs." Wrong. They 
> already have enough for that. But government borrowing sucks it all up.
>
> #Electmyth7 "More government spending can create jobs." Except for 
> R&D, not jobs that add to national wealth, but only cause overconsumption
>
> #Electmyth8 "We can provide enough medical care for everyone." No. 
> Medical care is a scarce resource that will be rationed in some way.
>
> #Electmyth9 "Fiat currency is safe and better." No. It is debt backed 
> by nothing. One great Ponzi scheme that must crash eventually.
>
> #Electmyth10 "We can avoid a global crash." 30 years too late for 
> that. Now we must prepare for coming out on the other side intact.
>
> #Electmyth11 "It is always better to compromise to get something done 
> than to insist on a position." Wrong. Sometimes a compromise is worse.
>
> #Electmyth12 "There is a solution that is politically acceptable." 
> Sometimes not. Debt problem has no politically acceptable solution.
>
>
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> -- 
>
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> 2900 W Anderson Ln C-200-322           twitter.com/lex_rex
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>
>
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-- 
Rick Hasen
Chancellor's Professor of Law and Political Science
UC Irvine School of Law
401 E. Peltason Dr., Suite 1000
Irvine, CA 92697-8000
949.824.3072 - office
949.824.0495 - fax
rhasen at law.uci.edu
http://law.uci.edu/faculty/page1_r_hasen.html
http://electionlawblog.org
Now available: The Voting Wars: http://amzn.to/y22ZTv

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