Monday, April 25, 2016

Weak Tea from The Economist

Cover story this week "Can She Fix it?"  Cartoon on cover shows Hillary, dressed in mechanic's coveralls, holding a monkey wrench, studying a beat up engine hanging on a chain hoist.  Said engine's outline is the lower 48 of the United States.  Of course no mechanic has used a monkey wrench since WWII, real mechanics all use Snap-on socket wrenches.  But that's all right, the guys who write for the Economist were never hot rodders. 
    The think piece article goes on for three quarters of a page laying out the woes of the American economy, low growth, growing unemployment, stagnent wages, and all the rest.
    But the Economist doesn't suggest any serious fixes for all this woe.  They call for "slashing unnecessary regulations" without naming a single regulation in need of slashing.  "Ensuring big firms no longer operate in protected markets"  without naming a single protected market or big firm wallowing in one.  And they call for more government bailouts to companies going down the drain.  And retraining for workers in down the drain companies. 
   Some how I had expected better from a newsmag named "The Economist".

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