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September 7th, 2010 at 5:21 pm
I have been willing to give libertarians a shot until I read crap like this. I am not a big fan of the unions but…."When organized labor is at 0%, both public and private, we will be on our way to prosperity.", come on you mean to tell me that they are the main reason that jobs went to China. It is ironic that the places where all the jobs are going are either Communist (China) or heavily controlled by their government (India, Japan,Singapore…). On second thought I challenge any libertarian to show me an Ayn Rand utopia or even just a country that has adopted the libertarian style of governance.
And talk about revisionist history…if FDR’s legacy was so bad how did it last for 30 years (40-70). Lets take a look at Reagan’s legacy. Deficits that started to balloon out of control and thats when the good jobs started to leave and people replaced high wages with debt. That’s when our problems really started, when high wage jobs started leaving and consumer debt made up the difference. Mish you don’t have to be an academic to live in a dream world .
PS lay off the Ayn Rand crack pipe