A Baker's Dozen

The speech Obama should give, but hasn't the brains or balls to.

Good Evening.

The Right Wingnuts, led by John Boehner, have been telling America that all would be well, and full employment will happen overnight, if workers would just accept poverty wages and the US government give ever more tax breaks to business and the already well off.  That wouldn't happen, and I have a fable to show why.

Mr. Baker owns, not surprisingly, a bakery.  He employs Mr. Jones as a baker.  The bakery bakes bread, from 8 am to 8 pm.  Between the two bakers, they sell all of the bread they can bake.  Mr. Smith arrives at 7:59 pm to get his late night snack bread, and buys the last loaf.

What would happen if the Right Wingnuts get their way, by either forcing the Mr. Jones's to work for less or giving tax breaks to the Mr. Baker's?  Would Mr. Baker higher more bakers?  No, of course not.  There is no demand for more bread than he and Mr. Jones can bake.  Any decrease in Mr. Jones's wages enforced by Right Wingnut policies would simply go into Mr. Baker's pocket.  The same for tax breaks.  Straight to Mr. Jones's bank account.  No more bakers are employed, and the ones that are employed earn less.

If, and only if, Mr. Baker finds that he runs out of bread at 6 pm day after day for rather a while will he hire another baker.  He will do this at the prevailing wage for bakers, since doing so makes him more money from the additional bread he bakes and sells.  The only way for that to happen is if more Americans can afford to buy more bread.

Do not listen to Mr. Boehner.  He is full of shit, and seeks only to increase the incomes of the Mr. Baker's at the expense of the Mr. Jones's.  It's that simple.