"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Government Job Creation
Submitted by Michael Dunn on Wed, 2011-12-28 01:00
"Pharaoh’s pyramid builders did not really have jobs in an economic sense. The only consumer being satisfied was the Pharaoh, and he stole his wealth. As someone once put it, “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 labor and hence does not create value.” "
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