The Death of Jobs
This entry was posted on 10/6/2011 3:15 PM and is filed under blather, Politics.
Surely I'm not the only one to mark the irony that mobs of unemployed losers who seem to think that wiping out all debt is a good idea have descended on Wall Street to protest on the same day that a Giant of Innovation, a man who could be credibly said to have invented an industry and with it, reinvented the whole world died.
Hyperbole? Maybe but I don't think so.
Steve Jobs and the Wall Street protesters are at extreme ends of the human spectrum of genius.
On the one hand, a bunch of fools who think that those of us lucky enough to have jobs already should be happy to foot the bill for their college degrees (I hesitate to call what you get at universities these days 'education') and the lifestyles to which they would like to become accustomed.
There was one girl complaining that her cat wasn't eligible for food stamps. Believe me, lady; you'll starve to death long before your cat will.
Then there was the portrait artist who whined that her boyfriend couldn't get a job because the banks won't give him a loan and that somehow impacted whether or not anyone wanted to pay good, hard earned cash to her for a painting of themselves. Word to the wise, lady; no one but the rich has ever bought original art.
As for the idea that wiping out all debt is a good idea; maybe it is for me. I already have a car, an education and a mortgage. Of course it means no one else will ever lend money or extend credit again, since there will be no reason to believe they'll ever get their money back, so my credit cards will be worthless and places like Target will go under. So will all the businesses both large and small that have lines of credit to help them with expenses like stocking supplies, expansion, research and development...what do you suppose that would do to national employment rates?
Oh, you'd still be able to borrow money, just not from legitimate lending institutions who have to abide by the rule of law. Vito Corleone and his ilk will always be out there, ready to lend at usurious rates of interest, on pain of busted kneecaps or worse if you even look like suggesting that the debt should be wiped out.
Personally, I think it would most likely do those protesters some good to be introduced to the wonders of water cannons.
On the other hand, we have innovator, visionary, entrepreneur Steve Jobs who took it upon himself to make his dream a reality and in so doing, created a product, a company and an industry that changed the world.
He made billions doing a job that didn't exist when he was born.
Do you think anyone lent him money while he was inventing Apple?
How many of those protesters on Wall Street do you think will ever start a company or invent anything?
Meanwhile, the President keeps bleating on about his job bill. Someone should tell him it's too late; Jobs is dead.