Why Obama Won

On election night, as the camera panned the audience waiting to hear Barack Obama give his victory speech, what struck me was that the audience was primarily young people and minorities.  My thought was, "These are the very people who will suffer the most under a second Obama administration.  Don't they know they are voting against their own best interest?" And then I thought about it and came to the conclusion: "No.  They don't."  They don't because they are, by and large, uneducated.  Oh, some of them may have college degrees or even graduate degrees, but they are still substantially uneducated.  I would bet that very few of them know the difference between Keynesian economics and Austrian School economics.  I am sure that most of them have never heard of the Laffer Curve.  I would guess that most of them aren't familiar with the first principles behind the origin of our country.  I doubt that many of them know what evil lies in...(Read Full Article)

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