The Roots of the Crisis - Barrons.com
Right now, with the unemployment statistics seemingly so positive, it appears as though it doesn't matter that we take labor's rewards and transfer them to government and let government dole them out without an discretion to any who lack - but, is this going to be either sustainable or positive?
On one hand we have aspiring Asian cultures where rewards are both jobs and riches.
At the same time, the US and particularly the UK, both of which have large parts of their populations clamoring for a continuation and embellishment of existing entitlements, talk about taking more from those who are successful in the competition for production across the world.
It's hard to believe that the US and UK can prosper by encouraging added benefits to non-producers or low producers, while they have competition from countries where the producers get to keep more and have more to reinvest?
As with every other set of delusional beliefs, this one would also seem to be one that could only end badly.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment