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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (408917)	2/5/2011 2:03:03 AM
From: Sr K	1 Recommendation Read Replies (4) \| Respond to of 793964

>> wealth is created only with hard work and delayed gratification << It's amusing to think that people would believe that. It seems more credible for the 17th century (ok, 18th also), but after checking out Victor Davis Hanson's website, it's even more appropriate for the time of the Peloponnesian War

To: LindyBill who wrote (408917)	2/5/2011 10:23:37 AM
From: skinowski	1 Recommendation Respond to of 793964

For the last 30 years, politicians outbid each other to offer more lavish retirement packages to union members and public employees -- more eager for their votes than for ensuring the payment of what they had promised. Cannot agree. This criminal abuse by politicians didn't begin in 1980 - it started much earlier, at least in the 60's. On other points, Hanson is generally right - including on wealth creation. Once upon a time we see a lucky young genius who will found Facebook, or something like that... but most wealth most of the time is created the old fashioned way, and we all know what that means.