From a solely material perspective, which is the only perspective that the government ought to consider, there is nothing wrong in our body politic that can’t be made at least a little better with more jobs.
With due respect to Harry Reid, Barack Obama and other great priests of the Do-Nothing State, providing more leisure time for people to pursue hobbies like, oh, protesting Broadway Joe’s fur coat, occupying houses they didn’t pay for, or erecting a monument to Satan in Oklahoma City, might not be the best way to find our way out of the crisis of confidence that these priests have put us in.
Idle hands, as they say, are the Devil’s playground.
“According to the Divine decree of our grandfather Adam,” wrote Peter the Great in 1696, “we are eating our bread in the sweat of our face.” Peter at the time was engaged in building a great fleet of ships, personally wielding an axe as a ship’s carpenter.
That’s one of the various reasons the tall, energetic czar was considered great.
Oh, think of what a website he would build.
Or an Olympics he would run.
Not so with government today.
And while I’m generally OK with the government not doing their job—or better yet any job really-- I think that they ought to at least let us do our jobs.
And that is the rub, isn’t it?
The government that can’t run our housing sector, the banking business, the healthcare system, the CIA, EPA, insurance or even a loan program to private businesses, now wants to have more responsibility for doing much more that amounts to nothing at all, while telling us all to do nothing too.
Because, like many of the policies pursued by the administration, that’s what the proposal by Obama to hike the minimum wage actually amounts to: higher costs for the same productivity; or to put it this way: doing nothing for more cost.
That’s like saying you can keep the insurance plan that you like, it will just cost more, with a higher deductible and a different doctor.
You’ll bleed the same when the needle pricks though.
See? Same. Exact. Plan.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 24th, 2014 | John Ransom