We've Become a Nation of Takers, Not Makers

[dapoes]

More Americans work for the government than in manufacturing, farming, fishing, forestry, mining and utilities combined.


Welcome to your progressive liberal nightmare....

 

[Kev3188]

Well, this "liberal/progressive/whatever" would love to see the manufacturing base return to the US economy. Let's start my revamping our trade agreements and go from there.

Interesting comments in the article about college grads. I'm sure that there is definitely some validity to the motives the writer noted, but I think there is also a backlash (I use the term loosely) against working in industries such as finance simply because they disagree with the ethos there. They may also recall their parents working ever longer hours during the '80's-'90's, and have decided that that's not how they want to live their lives. Just a thought.

 

[SparrowHawk]

Well, this "liberal/progressive/whatever" would love to see the manufacturing base return to the US economy. Let's start my revamping our trade agreements and go from there.

Interesting comments in the article about college grads. I'm sure that there is definitely some validity to the motives the writer noted, but I think there is also a backlash (I use the term loosely) against working in industries such as finance simply because they disagree with the ethos there. They may also recall their parents working ever longer hours during the '80's-'90's, and have decided that that's not how they want to live their lives. Just a thought.

All of that is great, grand & wonderful and likely accurate regarding college grads.

However it doesn't change the basic rules of economics in that Government produces NOTHING without first confiscating wealth through through taxation.

One would do well to bone up on the writings of Frédéric Bastiat, an mid 1800's economist to get a firmer grasp on what this article truly means. I found a nice clip regarding Bastiat's Broken Window Fallacy,