Thursday, June 23, 2011

Bill Gross Is Right About This - MarketBeat - WSJ

LOGICAL PARALLELS: Bill Gross Is Right About This - MarketBeat - WSJ

Why can't Americans be taught to think like they act and realize that others do the same.

As an example, everyone likes a discount coupon and a sale (my gosh, look at the lineups for special bargains on Black Friday after Thanksgiving).

So, why is it that policy wonks and politicians think businesses and investors behave differently. That they are immune to the affects of taxes and regulations?

How do teachers unions believe that they can teach to the lowest common denominator, waste huge sums on people who will never produce, require no competitive incentives to teach well or not teach at all and that somehow they'll have lavish pensions with early retirement.

The logic is just gone.

Somehow, it all reminds one of the kid who 'wants' and doesn't understand that his/her parents can afford something and provide it.

No comments:

Post a Comment