Saturday, August 20, 2011

Awaiting Jackson Hole - Barrons.com

MORE ON THE CERTAIN KNOWLEDGE OF THE LIBERAL LEFT AND THE RELIGIOUS RIGHT: Awaiting Jackson Hole - Barrons.com

An interesting comment was made on Bloomberg this week about clearing prices in the labor market.

Not to say that minimum wage rates and unemployment insurance and Obamacare aren't perhaps all well-and-good in a way - however, they clearly work against a clearing price for labor that would see actual job creation and employment.

Many other anti-job creation policies and regulations exist as well; and, it amazes me that the only thing politicians seem to be able to think about is taxes or spending - and, never about deregulation and de-lawing some of the social do-gooderisms that seem focused on economic outcomes rather than economic opportunity.

Perhaps the Republicans could better articulate policies that focus on opportunity vs. outcome; and, thereby better distinguish themselves from their liberal, Democratic opposites who focus only on outcomes.

Because clearly, the vacuity of Obama's pandering to the idea of comity assume outcome-based policies are close to the godliness of the religious right. And, both of these policies want to subjugate the individual and deny the individual his or her right to succeed or fail on his or her own.

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