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The Death Of Entrepreneurship
IBD Editorials ^ | October 6, 2011 | Editor

Posted on 10/06/2011 4:35:36 PM PDT by Kaslin

Steve Jobs: The college dropout who started a company called Apple changed the world and our lives for the better, creating jobs, wealth and opportunity. He didn't need an industrial policy picking winners and losers.

It is fitting that many people learned of the passing of Steve Jobs on devices of his making. The iPods and iPads that sprang from his creative imagination and bold leadership have changed society in ways that can't be counted, starting with the way we obtain and disseminate news and entertainment.

He joins the pantheon of American genius that includes Thomas Edison, the Wright Brothers, Henry Ford and many others before and after who demonstrated what free minds in a free country that relied on free markets were capable of.

Once, we were a country that created and made things that changed lives and society for the better.

We built what President Obama called the "intercontinental railroad." Our greatest generation saved the planet from incomprehensible tyranny and a new dark age. We went to the moon.

Now we are largely a service economy, one that consumes rather than creates. We are in debt up to our proverbial eyeballs to those who once lined up to buy what we made. We shuffle forms and papers, largely to and from a government that regulates, taxes and stifles the current generation of entrepreneurs.

Steve Jobs, the visionary who dropped out of Oregon's Reed College after one semester, went on to co-found a startup company called Apple in his parents' Silicon Valley garage. He and Steve Wozniak built their first commercial product, the Apple I, in 1976.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events
KEYWORDS:

1 posted on 10/06/2011 4:35:40 PM PDT by Kaslin
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To: Kaslin
Steve Jobs: He didn't need an industrial policy picking winners and losers.

On the other hand, having co-presidents Bill and Hillary over to the house occasionally didn't hurt.

2 posted on 10/06/2011 4:44:05 PM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: Kaslin

“... creating jobs, wealth and opportunity.”

No, he created products that people wanted to buy.

Jobs, wealth and opportunity followed.

You “create” a job for your brother in law.


3 posted on 10/06/2011 4:46:38 PM PDT by JohnnyP
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To: Kaslin

After 2012’s re-coronation of obamao, only those he deems worthy will have any possible opportunity to create such a career path...


4 posted on 10/06/2011 4:49:31 PM PDT by SuperLuminal (Where is another agitator for republicanism like Sam Adams when we need him?)
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To: JohnnyP

Very well said!


5 posted on 10/06/2011 5:00:54 PM PDT by usnadad
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To: Kaslin

The vermin “occupying” the cities are wailing “Where are the jobs?”
I suggest they look to the example of a man whose name was “JOBS”. What an irony. Both his name and his legacy...JOBS.
The late Mr. Jobs caused the creation of more jobs than all the wasted billions flushed by the occupant of the White House.


6 posted on 10/06/2011 5:15:55 PM PDT by CaptainAmiigaf (NY TIMES: "We print the news as it fits our views")
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To: Kaslin
Instead of my first car, I bought: And my life has never been the same since...
7 posted on 10/06/2011 5:37:33 PM PDT by sargon (I don't like the sound of these "boncentration bamps")
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To: sargon

Similar to my story, but I bought an Apple II with 4K RAM and a tape storage drive (no floppy drives at the time). It also changed my life for the better.

I suppose with your handle, you played Sargon chess games? One of my favorites.


8 posted on 10/06/2011 5:58:16 PM PDT by roadcat
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To: Kaslin

I heard on FOX tonight that he was an adopted child. His unmarried mother wanted to marry the father but he was Syrian and her father forbid it. His adopted parents encouraged him in all things electronic.

Democrats would have encouraged her to have the baby aborted!


9 posted on 10/06/2011 7:01:59 PM PDT by Thank You Rush
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To: sargon
Instead of my first car, I bought: And my life has never been the same since...

Wow. $1700 was only $200 less than the tuition I paid for my last semester at [a major private] University, back in 1978. I'm guessing you purchased those items in about 1981.

A lot of money back then.

10 posted on 10/06/2011 7:55:25 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Thank You Rush

Good post!


11 posted on 10/07/2011 5:00:57 AM PDT by PastorBooks
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