Sunday, August 21, 2011

Re: Progressive Intolerance

Fascinating. Rick Parry claims credit for the job growth in Texas,
even though maybe one-third of those jobs were the result of Defense
Department expansion in the Lone Star state.

If government doesn't create jobs, Rick Parry should exclude them from
his tally, it seems to me.

On Aug 19, 2:32 pm, MJ <micha...@america.net> wrote:

> Finally, the pundits are blind to the fact thatgovernment can't create real jobs. Let's be clear what this means. It's not that government can't pay people to do things. It does that all the time! But in economic terms, a job is not merely exertion in return for a pay check. It's much more: activity that transforms resources from a less-valued form to a more-valued form in the eyes of consumers. For the sake of irony, I'll quote Karl Marx: "A thing cannot have value, if it is not a useful article. If it is not useful, then the labor it contains is also useless,does not count as laborand hence does not create value" (Capital, volume 1, emphasis added).
resources.http://www.thefreemanonline.org/uncategorized/progressive-
intolerance/

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