The right wing has a solution for all of society's problems:
- Free Market Fairy waves her magic wand
- ...
- Ponies!
For those of you who suggest that the free market does NOT solve all problems, shame on you. You make the Free Market Fairy cry!
-- Badtux the Snarky Penguin
4 comments:
In Krugman's Blog today:
Taking real, dividend-inclusive annual returns on the S&P 500, I get:
Reagan: 10.08%
Bush I: 10.16%
Clinton: 14.35%
Bush II: minus 5.81%
. . .
Tax-hiking Democrats are supposed to be terrible for business; I mean, Norman Podhoretz whines that Jews should be conservatives because Republican policies are better for the economy. But the data just refuse to say that — and that’s even if we restrict ourselves to the stock market, never mind job creation, wages, poverty and all that.
. . .
the economy just refuses to punish liberals and reward conservatives the way it’s supposed to.
http://krugman.blogs.nytimes.com/2009/11/11/the-agony-of-fox-business/
I have the job creation, wages, and poverty on my log. It's some of what I directed Nathan to.
If there is some rational reason for believing in free markets, I'd sure like to know what it is.
Cheers!
JzB the Fairy and Pony trombonist
I quit believing in any kind of Fairy a long time ago and you know what? They haven't put a dime in My pocket since!
a now wiser w3ski
w3ski said...
"I quit believing in any kind of Fairy a long time ago and you know what? "
Lemme guess. Richard Simmons quit calling?
Mmmmm. Fairies!.
Cheers!
JzB
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