Sunday, October 26, 2014

I Guess We Must Depend on Washington for Everything!

In a statement by the Wellesley grad she states:

"Don't let anybody tell you that its corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried, that has failed. It has failed rather spectacularly. One of the things my husband says when people ask him what he brought to Washington, he says I brought arithmetic."

Yes, those of us who started companies, took risks, used our own capital, in many countries did not create those jobs, Washington did! This perhaps is why we have such a mess in Washington, not only a lack of understanding of those who create jobs, but almost abject hatred for anyone outside of the DC machine.

This statement I gather was made at a Massachusetts whistle stop of one of the State local Pols. One wonders about all of those start ups in Cambridge, did Washington create them?

The logic is amazing, in the past six years we have seen a near collapse of the economy, international respect and the like and now in order to create jobs we must rely on Washington. To do what!