Ted Nugent’s Economics

Right-wing proponent Ted Nugent had some interesting things to say regarding economics in a column for the Washington Times on July 26. Specifically, Keynesian economics. For those of us who fall asleep at “econo…” or simply haven’t been in school for awhile, Keynesian schools of thought advocate a “mixed economy” on the macroeconomic scale. A mixed economy is one that is predominately run by the private sector, but where the public and government sectors have quite a bit to say as well. In other words, a free market with regulations. Those regulations, by the way, generally involve stopping monopolies and oligopoly communication (an oligopoly is where an industry has several different suppliers of a certain good or service, but where it is nearly impossible for a new supplier to break into the market. The American automobile industry is a prime example) in order to maintain competitiveness that doesn’t cost the consumer. Doesn’t sound so bad, right?

According to Ted Nugent, wrong. Dead wrong. In fact, he called supporters of Keynesian thought “socialists” and likened a stepped-up government role unto Jerry Sandusky (ex-coach at Penn State convicted of multiple counts of child molestation) coaching a little boys’ football team. The exact quote is as follows:

Fedzilla is growing fatter, less accountable and less transparent by gorging itself on our tax dollars. Instead of tightening Fedzilla’s fiscal belt, government bureaucrats just buy him bigger belts and suspenders, and he gets fatter and smellier each day. The only good pig is a dead pig.


Regrettably, there are way too many intellectually stunted Americans who support this gluttonous and irresponsible spending curse. They are called socialists. Socialists believe in Keynesian economics, which supports government control and meddling in our economy. It’s akin to Jerry Sandusky managing a little boys’ football team. Another, more accurate name for Keynesian economics is Kamikaze economics.

Socialism, by the way, is a political philosophy that, in practice, amounts to public ownership of most resources/goods/etc., and while Keynesian economics advocates government regulation, it is a free-market based system of economics. I guess they didn’t teach economics at St. Viator High School when he was growing up.

Nugent is a firm supporter of Romney and the Republican party, and when it was suggested by a CBS interviewer on This Morning that he may not be able to attract moderate voters for the Republican presidential nominee, he is reported to have said, “I’m an extremely loving, passionate man, and people who investigate me honestly, without the baggage of political correctness, ascertain the conclusion that I’m a damned nice guy, and if you can find a screening process more powerful than that, I’ll suck your d***,” before turning to a female CBS producer and adding, “Or I’ll f*** you, how’s that sound?”

These are just the latest remarks in an activist career filled with hate and ignorance regarding women, minorities, and general political thought. He has also been convicted of illegally baiting and hunting a young buck in California, as well as temporarily banned from hunting on Federal lands or in Alaska, and has served two years on Federal probation.

 


Political Writer, Justin Acuff Please join me on Facebook, or visit my home site.You can also follow me on Twitter.

 

 

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1 comment for “Ted Nugent’s Economics

  1. Istbankodad
    July 30, 2012 at 6:12 pm

    I’m not liberal, conservative, socialist or fascist just an American who’s sick of all this stupidity. I support gun rights but I think Ted Nugent and the NRA are a bunch of morons. I endorse our free inter-prize system but I also know that the rich corporations have gotten way out of control. I hate the bigot tea baggers and after the flag burning in Oakland I hate those occupy wall street idiots.
    I keep having flash backs to this 2006 movie Idiocracy staring Luke Wilson. If you haven’t seen this movie YOU SHOULD. It’s a low budget comedy but probably the most prophetic movie of our time. The premise is that stupid people are multiplying faster then smart people. Luke Wilson and his co start Maya Rudolph get caught up in a experiment gone bad and end up 200 years into the future where everyone is stupid and the President is a W.W.F. wrestler. long story short, they save the world with common sense. Something that seems to be in short supply these days.

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