Economic ignorance

While John McCain is not exactly Friedrich Von Hayek, Barack Obama displays a kindergartner's grasp of economics. Which may explain his appeal to so many young people. He actually seems to believe that taxes on corporations and high earners are not simply passed along to the great majority of consumers in the form of higher prices and lower employment. His Carterian call for a so-called windfall profits tax on "Big Oil" is a prime example of such muddle-headed foolishness. Yes, Barack, that's right, the evil corporations will meekly hand over cash that would have been part of their after-tax net profits to Uncle Sam. They would never consider building the extra tax into their price structure, or cutting costs (read, jobs) to make up the difference if their industry should suffer from price inelasticity. And you claim that your administration would "create" good jobs in America for Americans. I can only imagine what classes you took at Occidental College or Columbia University, but I would bet none of them included "The Road to Serfdom" or "Capitalism and Freedom" as required reading. What, after all, could two dead white guys have to offer?