Barack Obama said "Its time to reward the worker who produces the wealth."
Wrong, Barry O. A worker does a job and gets paid for it. The wealth doesn't get produced until someone decides to buy what the worker made.
Obama's America will be poorer. A worker can make all the stuff no one wants until we all are taxed to death, and there will be no wealth left at all.
Value isn't in the resources used up. Value is in the wanting. Karl Marx got it wrong; he said it is the alienation of labor (from its product) equals profit. In fact, it is the desirability of the product that gives value to the labor.
No comments:
Post a Comment