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Opening Arguments

You didn't do that, Part 2

Barack Obama schooled all of us free-enterprise fanatics with "You didn't build that." We would have nothing -- nothing! I tell you -- without the ministrations of a benevolent and aggressive government. And for those of you who think the current darling of the Democratic Party would be less economicallty incomeptent than Obama, consider this:

At a Democratic rally in Massachusetts, Hillary Clinton’s attempt to attack “trickle-down economics” resulted in a spectacularly odd statement.

Clinton defended raising the minimum wage saying “Don’t let anybody tell you that raising the minimum wage will kill jobs, they always say that.”

She went on to state that businesses and corporations are not the job creators of America. “Don’t let anybody tell you that it’s corporations and businesses that create jobs,” the former Secretary of State said.

Er, well who does create the jobs then? An it-takes-a-village laywer who rode her husband's coattails to fame and is now on tour for a book that nobody is reading?

What does this have to do with trickle-down economics anyway? That's about expanding investment that filters down to the benefit of us all. Never mind that history shows it works pretty well, it's kind of a non sequitir to be talking about it in the same speech as job creation.

And, really, raising the minimum wage doesn't cost jobs? Well . . . oh, hell, what's the point?


Rebecca Mallory
Tue, 10/28/2014 - 9:41am

The economist Murray Rothbard wrote that "It is no crime to be ignorant of economics which is, after all, a specialized discipline that most people consider to be a dismal science.

"But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance."

Dr. Rothbard must have had Hillary Clinton in mind.