It's Not Just the Jobs. It's the Jobs Machine. - WSJ.com

HOBS, SMOBS: It's Not Just the Jobs. It's the Jobs Machine. - WSJ.com: "- Sent using Google Toolbar"

The overall rubric could be to make the economy and the country "business friendly" - which it clearly is not.

Globally, the US needs to recognize that things want to regress to the mean. Thus, if someone is poor and wants to work hard and someone else is (relatively) rich and doesn't want to work hard, then it is likely that the poor person is going to enjoy an improving standard of living and (relatively) the richer person a declining standard of living!

And, guess what? America is seeing this happen and doesn't like it.

But, what does an American union like the UAW say? Damm, let's ..... it. Can we say Ostrich?

And, the public employee unions look to France and have no inhibitions in taxing and underperforming.

Thus, the issue is broadly definable - or, so it would seem. Is the US going to have policies that encourage and reward work, saving, investment, entrepreneurship and global competitiveness or does it want to preserve benefits and policies that are recognized to not be competitive globally.

It's revolting to think that jobs are all equal and pay should be equal. If a job is priced above its value to the employer, then the job won't get done. Minimum wages and extravagant benefits are job destroyers.