work is not an end by itself , all the slaves had a job !! everybody in the Soviet union had a job ...the world is sending us all their goods and we send them dollars that are not backed by anything just pieces of paper with some ink on them , one day the world will end up figuring that out , then we will have hyperinflation and the dollar will collapse :
Can we ever get away from the deep hole we are digging ourselves each day deeper
? The answer is Yes but we should undergo a rehab and change our ways of spending and start producing and saving ..it won't be an easy therapy ...we need to let market forces do their job , we need to produce and save our way out of this mess..Recession is the cure.:
THE PETER SCHIFF BLOG : An Unofficial Tracking of Peter Schiff and The Libertarian Austrian School of Economics
PETER SCHIFF
Saturday, May 2, 2009
Subscribe to:
Post Comments (Atom)
Popular Posts This Month
-
government created jobs like the census jobs are counterproductive and unproductive jobs ... Peter Schiff is considering to run for Senate !...
-
Peter Schiff The Crisis Has Just Begun
-
Peter Schiff Report Video Blog 11/19/09 Tags: Peter Schiff economy economic collapse crash gold silver oil bubble doom inflation ...
-
Peter Schiff Video Blog 03 November 2009 Buy Gold
-
The more we owe, the wealthier we are ??? Congressman Pete Stark reacts to national debt Watch Congressman Pete Stark reacting when Jan Helf...
-
Mar 16, 2009 One of the Greatest Peter Schiff speeches ever Peter Schiff at the Mises Institute's 2009 Austrian Scholars Conference. Ple...
-
Peter Schiff finally on Glenn Beck 's the One thing show but the topic is not exclusively economic it is about the House vote on Climat...
-
Peter Schiff is warning about the association called National Inflation Association NIA which was putting up great videos on youtube but ac...
Yes Peter, not all jobs are created equal. The goal of jobs should be productivity but it seems that throughout the years, after economic slow-downs, governments have resorted to facilitate or create unproductive jobs as a means of reducing the prospect of joblessness. Thanks to the electronic printing press, the aim is for everyone to get a pay check regardless of productivity.(Besides,don't forget, productivity is very subjective and it means different things to different people):).
ReplyDeleteSo you have the ones whose "accomplishment" is to provide easy votes-- people on welfare--they get paid. Then you have the ones who pretend to do something but produce nothing--they get a paycheck. And, of course, you have the group that makes the other two possible--the ones who produce something.
The question is: can we point the finger solely at the government for this state of affairs???