Saturday, July 28, 2012

Silencing Free Speech

It seems to me that when people scream "free speech!" it's likely what they really want is for others to shut up.

Wednesday, July 25, 2012

Jobless Demand

This bizarre claim that wealthy people are "job creators" is a bit like claiming hospitals create doctors or jails create inmates. What creates jobs is demand for something by people who can pay for it, and if people don't have money to buy stuff, it is nuts to say that if the wealthy only had more money things would be better.

We live within a system that sees as virtuous paying people as little as possible while at the same time wondering why an economy driven by demand from those same people is broken. Businesses don't hire unless there is a demand for what they're selling--by people with money. Changing policies so that the wealthy have more money does not increase this demand. To ignore this fundamental issue on which capitalism is based is ludicrous.