Step away from the crack pipe!
“Joseph Stiglitz”
Did anyone else misread that as Joseph Stalin? When will these idiots stop wasting bandwidth?
That about sums up the entire article.
One or two things he says are factually correct....but the rest is complete nonsense. And it’s amazing how he’s ignored the huge, massive role of government in this mess.
Congress writes idiotic regulations, honest business nearly goes bankrupt trying to comply, lazy bureaucrats sit on their butts while dishonest companies skate, and progressives claim this proves that congress needs to pass MORE idiotic regulations.
Stiglitz is an apparatchik.
1) a tax code that punishes success and reward failure
2) absolute idiotic regulations on small businesses
3) a federal government that spends WAAYY too much time promoting and determining FAIRNESS in economic outcomes
4) a government that soaks up too much capital in the form of yet produces NOTHING of economic value(Indian Affairs)
5) a federal government that is much too involved in issues that individual states should be responsible(Health Care)
6) a government that owns too much property that could best used efficiently by private industry.(Western Colorado,Southern Wyoming)
I could go on all day about how the federal government IS the problem but all of us on this web site are already aware.
He may be FOS but it looks as though he's a good capitalist.
shhhhh.....you aren’t supposed to start chanting the “Capitalism Has Failed” mantra until you get the hi sign from Obama