Friday, January 8, 2010

Left Leaning Capitalists?

My career, repairing cars and trucks, I have often thought was as close to pure capitalism as was possible. If I stand around, not actually working on something, I do not get paid, for I am paid 100% by commission. If I race through a job, and I don't actually fix what I was supposed to fix, I work on it for free the next time (want to fix the Health Care system? Make Doctors work under the same rules - didn't fix it the first time? Fix it for free, now...). The incentive is for me to work quickly, efficiently, and mistake free. Only the "strong" can survive.

So, it surprises me to no end that one of my fellow mechanics can be a left winger. I don't understand how you can work in a pure capitalist system; thrive in it, even, and still vote for the likes of Barack Obama. I see it as supporting a "game plan" that assures your own job loss.

Case in point, the guy that works in the stall next to mine, knows that I listen to right leaning talk radio all day. I try to keep my noise level low enough so as not to annoy my neighbors. Not so with my left leaning compadre. He has decided to listen to NPR loud enough so that everyone can hear it; of course, this is par for the course for this "gentleman." If he sneezes, he is sure to sneeze loud enough for all in the shop to enjoy...

I'm bringing this up because I have a question; if an employer has an employee that is actively working against the best interest of the company, is that just cause for termination? If you employed someone that stood for something that was going to reduce your profitability, possibly even drive you out of business, would you let that person remain in your employ? I don't think this person is in danger of losing his job, because he is productive, so this is purely a hypothetical question. I'm just curious, though.

Thursday, January 7, 2010

Government Spending Creates Stimulus - Debunked

'Nuff Said.

I love the last paragraph:

"H. L. Mencken once wrote that "complex problems have simple, easy to understand, wrong answers." He may as well have been referring to the idea that Congress can foster economic growth simply by "injecting" money into the economy. Government stimulus spending is not a magic wand that creates jobs and income. Repeated failed attempts in America and abroad have shown that governments cannot spend their way out of recessions. Focusing on productivity growth builds a stronger economy over the long term--and leaves America better prepared to handle future economic downturns."