In Batman (1989), Jack Nicholson playing the Joker passed “free” money out to the masses of Gotham right before he gassed them.

Hillary Clinton has a similar economic plan in which she micromanages the U.S. economy from the oval office. HillaryNomics is more frightening than anything the Joker could dish up in his quest to take over the world.

HillaryNomics pretends to practice Keynesian Theory, government spending to stimulate demand, at no cost.

Robbing Peter to pay Paul is now perceived as a resolution to a presumed “recession” but amounts to more election year rhetoric than economic fact. HillaryNomics takes a government handout further by implementing a government takeover.

In economics, Say’s Law or Say’s Law of Markets is a principle attributed to French businessman and economist Jean-Baptiste Say (1767-1832) stating that there can be no demand without supply. A central element of Say’s Law is that recession does not occur because of failure in demand or lack of money.

The more goods (for which there is demand) that are produced, the more those goods (supply) can constitute a demand for other goods. For this reason, prosperity should be increased by stimulating production, not consumption. In Say’s view, creation of more money simply results in inflation; more money demanding the same quantity of goods does not represent an increase in real demand.

Say argued against claims that business was suffering because people did not have enough money and more money should be printed. Politicians today argue that consumers need a money boost to fill the need to consume thereby fulfilling demand and creating production. However, if inventories exist businesses will not necessarily increase production to replenish spent inventories if demand naturally slows down.

ClintonNomics would also intervene in the housing market by freezing interest rates and invoking a 90-day moratorium on foreclosures. The freeze, i.e., price controls, was implemented by Richard Nixon and a Democrat Congress in the 1970s, plunging the economy into chaos.

Money doesn’t grow on trees nor does it come out of the sky. HillaryNomics ignores permanent tax cuts, doesn’t apply sound economics, and allows for government regulation, which has proven from Hoover, to FDR, to Nixon and Carter, it doesn’t work.

Taking the Liberal economic policy further Len Burman of the Urban-Brookings Tax Policy Center suggests a big tax increase just may be the answer:

How do we stimulate the economy to prevent or shorten a recession? One way would be to repeal the Bush tax cuts two years early, in 2009. . . .

If they were repealed in a year, the Bush tax cuts could spur a burst of economic activity in 2008. If people knew that their tax rates were going up next year, they’d work to make sure that more of their income is taxed at this year’s lower rates. Investors would likewise have a giant incentive to cash out their capital gains now to avoid paying higher taxes later. In 1986, stock sales doubled as taxpayers rushed to avoid the capital gains tax rate increase scheduled for 1987. If people pour their stock gains into yachts and fast cars, that’s pure fiscal stimulus.

Yes, it’s the economy stupid! Politicians tinkering with free markets doesn’t work. Tax cuts work, people work and supply-side economics works. Liberal ideas coming from Clinton and Burman will enhance the “opportunity” to proceed into a recession. Joker’s Indeed!