Monday, January 14, 2008

the Zero-Sum Fallacy

I'd love to point out this article to all the wealth redistributing liberals out there:
http://www.coyoteblog.com/coyote_blog/2007/04/wealth_creation.html

Getting rich is _not_ a crime, and more than likely, you are helping those that you exchange with.

Sunday, January 13, 2008

Republican Populists

This caught my interest on Drudge Report:

http://www.reuters.com/article/bondsNews/idUSN1234509720080112

Neither of them gave the correct answer in my book. They seem to both be taking the populist approach to the problem. E.g. "What can the U.S. Federal government do to revive the failing automotive industry?" instead of: "What can we deregulate that would give these companies a better chance to succeed." (Unions....)

"It's inexcusable to me to see these jobs going away again and again and again," Romney said outside the plant, arguing for more investment in science and technology research.
Now how is it his place to tell a company how they should invest their money? Or even worse, is he upset that the federal government isn't investing heavily enough in the automotive sector?
"What I'm critical of is the absence of a federal policy designed to strengthen the U.S. automotive sector and manufacturing general," Romney said.

I wish other candidates had chimed in on this issue, since I feel so strongly about it. It would make for a great economic dividing line for me. (Conservative vs Populist)