Why the Truth Matters

Here is the quote that caught our eye the other day:

"But I'm pretty confident that they're going to recognize that our job is to govern and make sure that we are delivering jobs for the American people," he added. "My hope is that John Boehner and Mitch McConnell will realize that there will be plenty of time to campaign for 2012 in 2012."

Source of the quote: the 44th president of the United States, BHObama II.

Here is how our brain works when we at TheFundamentals read/see this type of statement coming from someone who claims to be a leader.

First we look at it factually. Is it factually correct? It is not. The statement that “our job is to…make sure we are delivering jobs…” is a misstatement of facts and responsibility. The job of elected officials, if they wish to “deliver jobs,” is to minimize interference in the private commerce sector and thereby maximize the opportunity for wealth creation; the environment for private sector job creation. Anything they do to promote wealth creation will also promote economic growth which will promote “delivering jobs.” Anything they do to burden wealth creation will suppress economic growth and both stop new job creation and destroy existing jobs. Now that is just the truth. But why don’t they grasp the truth?

Well, here are the jobs numbers under the two year regime of the source of the above quote.

Assumed office in January 2009. Total employment (# of people at work in the US) at that time was 143,400,000. Percent unemployment in December 2008 was 7.1% and rising. Most recent reported employment was 139,400,000 and percent unemployment in November 2010 was 9.3% and had reached as high as 10.6% earlier in the year.

Source: http://www.bls.gov/

What is going on? If you choose to politicize everything you say and do, at sometime, you will begin to believe in what you say; it will become your mantra; your philosophy; your guiding light or principle and then you will find yourself not only saying things that are untrue but you will actually engage in activities based on these untruths. And that is one more example of how mythology, inaccurate statements and just downright untruths, become accepted as a form of belief system; they become valued as a real concept; a truth. If you pay attention, as hard as it may be, to the words and belief system that now dominate the communications of American politicians and their sycophantic media mouthpieces representing 80 or 90% of the written and spoken word to the American public, be it private media such as NBC, ABC, CNN and CBS or so called public media such as PBS and NPR, the results are the same: Look to government for an answer; for jobs; for fairness; for help; for darn near anything. And because they are now fully engaged in presenting misstatements and untruths as facts or truths it is now very difficult, and for many impossible, to even know what are basic truths; what are basic values; what are fundamentals.

And that brings us to the latter part of Mr. Obama’s quote. Had Mr. Obama been not been doing what he attributed to his political opponents in the latter part of the above quote, which is campaigning, his statement would have read as follows:

“I need help. We have failed at stopping the destruction of jobs; much less the creation of jobs. For two years now we have stated that our efforts have prevented a worse situation from occurring but that can no longer be our position if we are going to promote job creation in the United States. We must focus on changing the environment for private job creation. In that regard, I welcome the ideas and proposals of all. It will mean some real change for those who depend too much on government because that dependency is obviously costing America its competitive position and new wealth creation opportunities and real economic growth. This new approach must begin now; it must be long term in view and it will require sacrifice and frugality. I welcome the full participation of Mr. Boehner and Mr. McConnell in that process.”

Alas it is not to be. Regardless, it is our job at TheFundamentals to present the agenda for change that will again recognize the basic economic fundamental that all economic growth flows from wealth creation and that everything that promotes competition is the best long term environment for guaranteeing both economic and job growth and that everything that burdens competition is guaranteed to suppress economic growth and job creation.