Friday, April 15, 2011

Watch this video for an example of why Congress is not capable of creating jobs. I wonder how prevalent this thinking is around the House?

Click on the link to watch a US Congressman on the floor of the House transform into a modern day Luddite...A case of adding up only one side of cost-benefit equation and forgetting there is another side...Extra credit for pointing out the economic fallacies (there are many) in the few minutes of this speech...

Rep. Jesse Jackson Jr. Blames The iPad For Killing Jobs

From Wikipedia: ""The Luddites were a social movement of British textile artisans in the nineteenth century who protested – often by destroying mechanized looms – against the changes produced by the Industrial Revolution, which they felt were leaving them without work and changing their way of life. It took its name from Ned Ludd.""
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