Only a Holiday Pop? - Barrons.com
What seems to be missing is a focus on opportunities for everyone in America - understanding that some will be more successful than others.
What is the general feeling in the economy after all the Fed’s QEing and other stimuli?
If one reads Obama’s Austan Goolsbee’s article in the Wall Street Journal this week, then (between the lines) there is utter liberal ignorance of any negative impact on the economy or the business sector by anything government is doing.
Those of us who consider there to be government snowdrifts and ice on the economic highway have to at least pay attention to, if not be concerned about, this ignorance of a business-restraining environment and mindset.
When pondering if the economy is ‘opportunity-based’ or ‘outcome-oriented’, clearly the Democrats are concerned with outcomes before opportunity.
The Democrats seem to enjoy focusing on carrying around the lodestone of fairness – and they don’t see the lack of an opportunistic society as being a problem.
Yet, from what one reads, China seems to be an ultimate opportunistic society. This week had numerous articles about opportunistic Chinese purchases of international energy assets. I don’t recall seeing American articles touting the success of aggressive American business practices – in fact, just the opposite.
So perhaps tone and direction don’t matter; but, I’d suggest they do. And, the US seems all too content on focusing on fairness and ignoring opportunity.
If the US wants to stay a wealthy country paying top wages, then it needs to have an opportunistic society that reflects its ongoing ambitions.
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