Sunday, December 6, 2009

The New Math - December's Rehearsal for 2010 - The Trader - Kopin Tan - Barrons.com

December's Rehearsal for 2010 - The Trader - Kopin Tan - Barrons.com:

"Somehow all the favorable math seems to forget about basic addition and subtraction.

In other words, if the government takes (i.e. subtraction), then how do we get addition?

Workers and entrepreneurs are to have less. More is to go to those who can't afford or deign not to afford the benefits government believes should be bestowed. How does this encourage an economic rebound?

If I work harder or as hard as I've been working, the government is going to take more of what I produce and give it those who aren't producing. And, somehow this is going to make the economy better?

As evidenced by the gambler who lost $127 million to the casinos, while he was gambling, the casinos were doing well. Now that he's gone????

So, with the government running up its deficits, are we really making the economy better or more productive?"

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